Globus Maritime Balance Sheet Health
Financial Health criteria checks 4/6
Globus Maritime has a total shareholder equity of $176.0M and total debt of $52.3M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are $231.4M and $55.4M respectively.
Key information
29.7%
Debt to equity ratio
US$52.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$74.20m |
| Equity | US$175.97m |
| Total liabilities | US$55.43m |
| Total assets | US$231.40m |
Recent financial health updates
These 4 Measures Indicate That Globus Maritime (NASDAQ:GLBS) Is Using Debt Extensively
Nov 11
Globus Maritime (NASDAQ:GLBS) Has A Pretty Healthy Balance Sheet
May 24Is Globus Maritime (NASDAQ:GLBS) Using Debt In A Risky Way?
Aug 27Recent updates
These 4 Measures Indicate That Globus Maritime (NASDAQ:GLBS) Is Using Debt Extensively
Nov 11Globus Maritime's (NASDAQ:GLBS) Returns On Capital Are Heading Higher
Oct 05News Flash: One Globus Maritime Limited (NASDAQ:GLBS) Analyst Has Been Trimming Their Revenue Forecasts
Aug 30Investors Interested In Globus Maritime Limited's (NASDAQ:GLBS) Revenues
Aug 01Globus Maritime (NASDAQ:GLBS) Has A Pretty Healthy Balance Sheet
May 24This Globus Maritime Limited (NASDAQ:GLBS) Analyst Is Way More Bearish Than They Used To Be
Dec 03Globus Maritime: Downgrading Shares On Newbuilding Risk Amid Weaker Dry Bulk Markets
Sep 25Globus Maritime Limited Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 19Returns On Capital Are Showing Encouraging Signs At Globus Maritime (NASDAQ:GLBS)
Jul 05Globus Maritime: Small Dry Bulk Shipper Trading At An Almost 80% Discount To Net Asset Value
Apr 29Globus Maritime (NASDAQ:GLBS) Might Have The Makings Of A Multi-Bagger
Mar 22Globus Maritime's (NASDAQ:GLBS) Earnings Aren't As Good As They Appear
Dec 07Globus Maritime - H2 Results Likely To Be Great With Legacy Charters Expiring
Sep 28Is Globus Maritime (NASDAQ:GLBS) Using Debt In A Risky Way?
Aug 27Globus Maritime takes delivery of Kamsarmax dry bulk carrier
Jun 15Globus Maritime inks new charter for its Supermax dry bulk vessel
Feb 01Globus Maritime announces new charter for the M/V Galaxy Globe
Nov 09Financial Position Analysis
Short Term Liabilities: GLBS's short term assets ($79.3M) exceed its short term liabilities ($9.5M).
Long Term Liabilities: GLBS's short term assets ($79.3M) exceed its long term liabilities ($45.9M).
Debt to Equity History and Analysis
Debt Level: GLBS has more cash than its total debt.
Reducing Debt: GLBS's debt to equity ratio has reduced from 89.8% to 29.7% over the past 5 years.
Debt Coverage: GLBS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GLBS's interest payments on its debt are well covered by EBIT.