Ole Wikborg - Safe Bulkers Independent Director

SB Stock  USD 3.85  0.09  2.39%   

Director

Mr. Ole Wikborg is Independent Director of Safe Bulkers, Inc. Mr. Wikborg was a member of our board of directors and of our audit committee and corporate governance, nominating and compensation committee since 2008 since 2008.
Age 64
Tenure 17 years
Phone30 2 111 888 400
Webhttps://www.safebulkers.com
Wikborg was involved in the marine and shipping industry in various capacities for over 30 years. Since 2002, Mr. Wikborg has served as a director, senior underwriter and member of the management team of the Norwegian Hull Club, based in Oslo, Norway. From 2002 to 2006, Mr. Wikborg also served as a member and chairman of the Ocean Hull Committee of the International Union of Marine Insurance . Since 2006, he has served as Vice President and a member of the Executive Board of the IUMI and, he was elected as President of IUMI from 2010 to 2014. Since 1997, Mr. Wikborg has served as a board member of the Central Union of Marine Insurers, based in Oslo, and was that organization’s Chairman from 2009 to 2013. From 1997 until 2002, Mr. Wikborg served as the senior vice president and manager of the marine and energy division of the Zurich Protector Insurance Company ASA. Prior to his carrier in marine insurance, Mr

Safe Bulkers Management Efficiency

The company has Return on Asset (ROA) of 0.051 % which means that for every $100 of assets, it generated a profit of $0.051. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1199 %, which means that it produced $0.1199 on every 100 dollars invested by current stockholders. Safe Bulkers' management efficiency ratios could be used to measure how well Safe Bulkers manages its routine affairs as well as how well it operates its assets and liabilities.
Safe Bulkers reports 536.64 M of total liabilities with total debt to equity ratio (D/E) of 0.63, which is normal for its line of buisiness. Safe Bulkers has a current ratio of 1.95, which is generally considered normal. Note however, debt could still be an excellent tool for Safe to invest in growth at high rates of return.

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Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco. Safe Bulkers operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 9 people. Safe Bulkers (SB) is traded on New York Stock Exchange in USA. It is located in Les Acanthes, Monaco, Monaco, 98000 and employs 941 people. Safe Bulkers is listed under Transportation category by Fama And French industry classification.

Management Performance

Safe Bulkers Leadership Team

Elected by the shareholders, the Safe Bulkers' board of directors comprises two types of representatives: Safe Bulkers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Safe. The board's role is to monitor Safe Bulkers' management team and ensure that shareholders' interests are well served. Safe Bulkers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Safe Bulkers' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ole Wikborg, Independent Director
Konstantinos Adamopoulos, Chief Financial Officer, Director
Ioannis Foteinos, Chief Operating Officer, Director
Polys Hajioannou, Chairman of the Board, Chief Executive Officer
Frank Sica, Independent Director
Christos Megalou, Independent Director
Loukas Barmparis, President, Secretary and Director

Safe Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Safe Bulkers a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Is Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safe Bulkers. If investors know Safe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Safe Bulkers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Safe Bulkers is measured differently than its book value, which is the value of Safe that is recorded on the company's balance sheet. Investors also form their own opinion of Safe Bulkers' value that differs from its market value or its book value, called intrinsic value, which is Safe Bulkers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Safe Bulkers' market value can be influenced by many factors that don't directly affect Safe Bulkers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.