Globe International Balance Sheet Health
Financial Health criteria checks 5/6
Globe International has a total shareholder equity of A$76.3M and total debt of A$7.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are A$127.9M and A$51.6M respectively. Globe International's EBIT is A$17.1M making its interest coverage ratio 22.2. It has cash and short-term investments of A$22.1M.
Key information
9.9%
Debt to equity ratio
AU$7.55m
Debt
| Interest coverage ratio | 22.2x |
| Cash | AU$22.12m |
| Equity | AU$76.29m |
| Total liabilities | AU$51.63m |
| Total assets | AU$127.91m |
Recent financial health updates
We Think Globe International (ASX:GLB) Can Manage Its Debt With Ease
Aug 24
Here's Why Globe International (ASX:GLB) Has A Meaningful Debt Burden
Oct 08Recent updates
Slowing Rates Of Return At Globe International (ASX:GLB) Leave Little Room For Excitement
Oct 14Globe International Limited's (ASX:GLB) 50% Price Boost Is Out Of Tune With Revenues
Sep 20We Think Globe International (ASX:GLB) Can Manage Its Debt With Ease
Aug 24Calculating The Intrinsic Value Of Globe International Limited (ASX:GLB)
Aug 06There's No Escaping Globe International Limited's (ASX:GLB) Muted Earnings
Jul 12Globe International (ASX:GLB) Will Pay A Smaller Dividend Than Last Year
Aug 28Globe International (ASX:GLB) Is Reinvesting At Lower Rates Of Return
Feb 28Here's Why Globe International (ASX:GLB) Has A Meaningful Debt Burden
Oct 08Globe International (ASX:GLB) Is Increasing Its Dividend To AU$0.16
Feb 27Globe International (ASX:GLB) Has Announced That It Will Be Increasing Its Dividend To AU$0.20
Aug 20Globe International (ASX:GLB) Is Achieving High Returns On Its Capital
May 20What To Know Before Buying Globe International Limited (ASX:GLB) For Its Dividend
May 02Here's Why I Think Globe International (ASX:GLB) Is An Interesting Stock
Mar 07Here's What We Like About Globe International's (ASX:GLB) Upcoming Dividend
Mar 07How Does Globe International Limited (ASX:GLB) Fare As A Dividend Stock?
Nov 23Financial Position Analysis
Short Term Liabilities: GLB's short term assets (A$94.7M) exceed its short term liabilities (A$35.1M).
Long Term Liabilities: GLB's short term assets (A$94.7M) exceed its long term liabilities (A$16.5M).
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 3.7% to 9.9% over the past 5 years.
Debt Coverage: GLB's debt is well covered by operating cash flow (309.9%).
Interest Coverage: GLB's interest payments on its debt are well covered by EBIT (22.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Globe International Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shaun Cousins | J.P. Morgan |