Globe International Balance Sheet Health

Financial Health criteria checks 5/6

Globe International has a total shareholder equity of A$71.9M and total debt of A$7.8M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are A$128.9M and A$57.1M respectively. Globe International's EBIT is A$11.0M making its interest coverage ratio 8.4. It has cash and short-term investments of A$20.0M.

Key information

10.9%

Debt to equity ratio

AU$7.80m

Debt

Interest coverage ratio	8.4x
Cash	AU$20.02m
Equity	AU$71.87m
Total liabilities	AU$57.06m
Total assets	AU$128.93m

Recent financial health updates

Here's Why Globe International (ASX:GLB) Has A Meaningful Debt Burden

Oct 08

Recent updates

Globe International (ASX:GLB) Has Announced That It Will Be Increasing Its Dividend To AU$0.20

Aug 20

Globe International (ASX:GLB) Is Achieving High Returns On Its Capital

May 20

What To Know Before Buying Globe International Limited (ASX:GLB) For Its Dividend

May 02

Here's Why I Think Globe International (ASX:GLB) Is An Interesting Stock

Mar 07

Here's What We Like About Globe International's (ASX:GLB) Upcoming Dividend

Mar 07

How Does Globe International Limited (ASX:GLB) Fare As A Dividend Stock?

Nov 23

Financial Position Analysis

Short Term Liabilities: GLB's short term assets (A$94.7M) exceed its short term liabilities (A$39.4M).

Long Term Liabilities: GLB's short term assets (A$94.7M) exceed its long term liabilities (A$17.6M).

Debt to Equity History and Analysis

Debt Level: GLB has more cash than its total debt.

Reducing Debt: GLB's debt to equity ratio has increased from 0% to 10.9% over the past 5 years.

Debt Coverage: GLB's debt is well covered by operating cash flow (307.5%).

Interest Coverage: GLB's interest payments on its debt are well covered by EBIT (8.4x coverage).

Balance Sheet

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Globe International Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Here's Why Globe International (ASX:GLB) Has A Meaningful Debt Burden

Globe International Limited Ordinary Shares to Be Deleted from OTC Equity

Recent updates

Now 21% overvalued

Upcoming dividend of AU$0.09 per share

First half 2024 earnings released: EPS: AU$0.12 (vs AU$0.005 loss in 1H 2023)

First half dividend of AU$0.09 announced

New major risk - Revenue and earnings growth

Less than half of directors are independent

Globe International Limited Appoints Karen Browne as Chief Financial Officer, Effective 1 January 2024

Globe International Limited Announces Resignation of Jessica Moelands as Chief Financial Officer

Globe International Limited Announces Resignation of Jessica Moelands as Chief Financial Officer

Upcoming dividend of AU$0.05 per share at 7.2% yield

Globe International (ASX:GLB) Will Pay A Smaller Dividend Than Last Year

New minor risk - Financial data availability

Globe International Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payable on September 22, 2023

Globe International Limited, Annual General Meeting, Oct 19, 2023

Upcoming dividend of AU$0.02 per share at 12% yield

Globe International (ASX:GLB) Is Reinvesting At Lower Rates Of Return

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.30 profit in 1H 2022)

Less than half of directors are independent

Here's Why Globe International (ASX:GLB) Has A Meaningful Debt Burden

Globe International Limited Ordinary Shares to Be Deleted from OTC Equity

Globe International Limited, Annual General Meeting, Oct 27, 2022

Globe International Limited Declares Final Fully Franked Dividend for the Year 2022, Payable on 23 September 2022

Full year 2022 earnings released: EPS: AU$0.45 (vs AU$0.80 in FY 2021)

Globe International Limited Announces Executive Changes

Less than half of directors are independent

Now 21% undervalued after recent price drop

Investor sentiment improved over the past week

Upcoming dividend of AU$0.16 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Globe International (ASX:GLB) Is Increasing Its Dividend To AU$0.16

Globe International Limited Determines an Interim Dividend for the Half-Year Ended 31 December 2021, Payable on 25 March 2022

Upcoming dividend of AU$0.20 per share

Full year 2021 earnings released: EPS AU$0.80 (vs AU$0.15 in FY 2020)

Globe International (ASX:GLB) Has Announced That It Will Be Increasing Its Dividend To AU$0.20

Investor sentiment improved over the past week

Globe International (ASX:GLB) Is Achieving High Returns On Its Capital

What To Know Before Buying Globe International Limited (ASX:GLB) For Its Dividend

Investor sentiment deteriorated over the past week

Here's Why I Think Globe International (ASX:GLB) Is An Interesting Stock

Here's What We Like About Globe International's (ASX:GLB) Upcoming Dividend

Upcoming Dividend of AU$0.12 Per Share

New 90-day high: AU$2.61

How Does Globe International Limited (ASX:GLB) Fare As A Dividend Stock?

New 90-day high: AU$2.05

New 90-day high: AU$2.01

New 90-day high: AU$1.95

New 90-day high: AU$1.86

New 90-day high - AU$1.78

Upcoming Dividend of AU$0.06 Per Share

Full year earnings released - EPS AU$0.15

New 90-day high - AU$1.21

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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