Globus Maritime Balance Sheet Health
Financial Health criteria checks 4/6
Globus Maritime has a total shareholder equity of $175.7M and total debt of $53.5M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are $233.2M and $57.6M respectively.
Key information
30.5%
Debt to equity ratio
US$53.53m
Debt
Interest coverage ratio | n/a |
Cash | US$56.69m |
Equity | US$175.67m |
Total liabilities | US$57.56m |
Total assets | US$233.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G93's short term assets ($63.1M) exceed its short term liabilities ($10.3M).
Long Term Liabilities: 0G93's short term assets ($63.1M) exceed its long term liabilities ($47.3M).
Debt to Equity History and Analysis
Debt Level: 0G93 has more cash than its total debt.
Reducing Debt: 0G93's debt to equity ratio has reduced from 101.2% to 30.5% over the past 5 years.
Debt Coverage: 0G93's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0G93's interest payments on its debt are well covered by EBIT.