2020 Bulkers Ltd.

2020 Bulkers Ltd.

TTBKF
2020 Bulkers Ltd.US flagOther OTC
0.34
USD
-0.01
- -
7.88MMarket Cap
2020 Bulkers Ltd.
TTBKF
(Other OTC)

Recent

price

0.34

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.48
2.21
5.13
3.42
3.09
3.13
- -
2.37
Revenue per Share
- -
-0.08
-0.02
0.5
3.19
1.44
1.13
3.34
- -
1.28
Basic EPS, GAAP
- -
-5.81
-6.36
-4.61
3.76
1.9
1.83
1.73
- -
1.38
Free Cash Flow per Basic Share
- -
- -
0.16
0.24
2.93
1.62
0.64
3.76
- -
1.16
Dividend per Share
- -
1.28
0.95
1.2
3.88
5.31
6.39
6.06
- -
12.21
Book Value per Share
- -
6.62
7.3
6.41
6.84
7.02
7.13
6.64
- -
12.77
Tangible Book Value per Share
- -
10
19
22
22
22
23
23
- -
23
Basic Weighted Avg Shares
- -
- -
9
49
114
76
70
72
63
54
Sales/Revenue/Turnover
- -
- -
9.89
43.15
70.65
54.53
54.09
59.69
58.16
63.9
Operating Margin (%)
- -
- -
1
10
12
12
12
11
8
6
Depreciation Expense
- -
-1
- -
11
71
32
26
76
30
29
Net Income, GAAP
- -
- -
- -
- -
- -
0.31
5.54
0.91
0.34
0.34
Effective Tax Rate (%)
- -
- -
-4.4
22.7
62.21
41.92
36.73
106.42
46.75
53.96
Profit Margin (%)
6
- -
10
2
7
7
13
15
148
292
Working Capital
- -
- -
132
231
217
203
189
110
- -
- -
LT Debt
15
68
138
142
152
156
161
152
148
292
Total Equity
- -
- -
- -
6.33
20.83
10.92
9.64
13.53
14.04
12.13
Return on Invested Capital (%)
- -
- -
- -
9.61
27.19
12.62
10.58
27.81
14.91
12.78
Return on Capital (%)
- -
-8.31
-2.57
49.89
125.64
31.26
19.52
53.92
21.46
14.04
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
54
111
18
LT Borrowings
56
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
316
301
302

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
138
270
316
Cash, Cash Equivalents & STI
15
22
274
Accounts Receivable, Net
- -
1
1
Inventories
- -
- -
- -
Total Current Liabilities
58
122
24
Payables & Accruals
- -
- -
- -
ST Debt
54
111
18
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
0.97%
-2.3%
Free Cash Flow
- -
-50.09%
-12.66%
Net Income, GAAP
- -
119.97%
-61.34%
Sales/Revenue/Turnover
- -
16.41%
-11.99%
Total Cash Common Dividend
- -
289.32%
-66.74%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20
18
20
14
72
2025
9
13
19
22
63
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.25
1.36
0.51
0.22
3.34
2025
0.01
0.25
0.43
0.6
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.59
2.11
0.57
0.49
3.76
2025
0.09
0.27
0.51
0.38
- -
2026
- -
- -
- -
- -
- -
Business
2020 Bulkers Ltd. 2020 Bulkers Ltd. is a Bermuda-based owner and operator of large dry bulk vessels, primarily focused on transporting raw materials such as iron ore, bauxite, and coal worldwide with a global presence emphasizing Asia, Africa, and South America. The company owns and operates a fleet of six scrubber-fitted, fuel-efficient Newcastlemax dry bulk carriers, each with approximately 208,000 deadweight tons (DWT), including Bulk Sandefjord (delivered August 2019), Bulk Santiago (September 2019), Bulk Shenzhen (January 2020), Bulk Sydney (January 2020), Bulk Sao Paulo (June 2020), and Bulk Santos (June 2020); these vessels are equipped with exhaust gas cleaning systems and auxiliary engines for enhanced environmental compliance and energy efficiency, trading predominantly on index-linked time charters with premium and scrubber benefits to counterparties including Koch and Costamare, expiring in Q1 2026, with technical management by OSM Thome. Founded in 2017 and headquartered at S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton, Bermuda, the company maintains a lean operation with seven employees and commits to high standards in health, safety, quality, and environment (HSQE) alongside a dividend policy supporting shareholder returns. Recent developments include the announcement on November 16, 2025, of the sale of Bulk Sydney and Bulk Santos; completion of drydockings for Bulk Sao Paulo and Bulk Santos at a total cost of US$2.6 million in Q2 2025; hedging via forward freight agreements securing average fixed rates of approximately US$33,700 per day gross for two vessels from August 1 to December 31, 2025; an increase in share capital on November 19, 2025, following exercise of 10,000 share options; and regular monthly dividends, such as the US$0.19 per share ex-dividend date of November 20, 2025.

Company News

APIChatGPT
  • 2020 Bulkers Ltd. (TTBKF) Q4 2025 Earnings Call Transcript

  • 2020 Bulkers Ltd. (TTBKF) Q3 2025 Earnings Call Transcript

  • 2020 Bulkers: Likely Still The Preferred Call Option On Bulk Charter Rates

  • 86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December

  • 2020 Bulkers: Paid A 16% Dividend Yield In The Past 12 Months

  • 81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July

  • 2020 Bulkers Ltd. (TTBKF) Q1 2024 Earnings Call Transcript

  • Want $750 Per Month In Passive Income? Invest In These Stocks

  • Want $750 Per Month In Passive Income? Invest In These Stocks

  • 2020 Bulkers: Attractive Dividends But I'm Moving To The Sidelines

  • 2020 Bulkers Ltd. (TTBKF) Q4 2023 Earnings Call Transcript

  • January's 83 Monthly Paid Dividend Stocks And 80 Funds

  • 2020 Bulkers Ltd. (TTBKF) Q3 2023 Earnings Call Transcript

  • 2020 Bulkers: A Call Option On The Bulk Charter Rates

  • 2020 Bulkers Ltd. (TTBKF) Q2 2023 Earnings Call Transcript

  • 83 Monthly-Paying Dividend Stocks And 80 Funds For May