Globus Other Operating Expenses from 2010 to 2024

GLBS Stock  USD 1.94  0.05  2.51%   
Globus Maritime Other Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Other Operating Expenses will likely drop to about 20.5 M in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2008-12-31
Previous Quarter
7.9 M
Current Value
6.4 M
Quarterly Volatility
2.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 2.6 M or Selling General Administrative of 2.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0011 or PTB Ratio of 0.29. Globus financial statements analysis is a perfect complement when working with Globus Maritime Valuation or Volatility modules.
  
This module can also supplement Globus Maritime's financial leverage analysis and stock options assessment as well as various Globus Maritime Technical models . Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Latest Globus Maritime's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Globus Maritime over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Globus Maritime. It is also known as Globus Maritime overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Globus Maritime's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Maritime's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Pretty Stable
   Other Operating Expenses   
       Timeline  

Globus Other Operating Expenses Regression Statistics

Arithmetic Mean25,333,210
Geometric Mean24,388,620
Coefficient Of Variation30.26
Mean Deviation6,065,965
Median22,636,000
Standard Deviation7,666,634
Sample Variance58.8T
Range23.9M
R-Value(0.19)
Mean Square Error61.1T
R-Squared0.04
Significance0.50
Slope(320,964)
Total Sum of Squares822.9T

Globus Other Operating Expenses History

202420.5 M
202333.2 M
202238.1 M
202125.4 M
202018.6 M
201919.4 M
201818.8 M

About Globus Maritime Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Globus Maritime income statement, its balance sheet, and the statement of cash flows. Globus Maritime investors use historical funamental indicators, such as Globus Maritime's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may use each financial statement separately, they are all related. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Globus Maritime's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Globus Maritime Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Globus Maritime. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses33.2 M20.5 M

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When determining whether Globus Maritime is a strong investment it is important to analyze Globus Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globus Maritime's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.
Note that the Globus Maritime information on this page should be used as a complementary analysis to other Globus Maritime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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Is Globus Maritime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globus Maritime. If investors know Globus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globus Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Earnings Share
0.26
Revenue Per Share
1.516
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of Globus Maritime is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Maritime's value that differs from its market value or its book value, called intrinsic value, which is Globus Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globus Maritime's market value can be influenced by many factors that don't directly affect Globus Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globus Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.