Globus Free Cash Flow per Share vs Asset Turnover Analysis

GLBS Stock  USD 2.20  0.03  1.38%   
Globus Maritime financial indicator trend analysis is much more than just examining Globus Maritime latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globus Maritime is a good investment. Please check the relationship between Globus Maritime Free Cash Flow Per Share and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Free Cash Flow Per Share vs Asset Turnover

Free Cash Flow per Share vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globus Maritime Free Cash Flow per Share account and Asset Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Globus Maritime's Free Cash Flow per Share and Asset Turnover is 0.24. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Globus Maritime, assuming nothing else is changed. The correlation between historical values of Globus Maritime's Free Cash Flow per Share and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Globus Maritime are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Free Cash Flow per Share i.e., Globus Maritime's Free Cash Flow per Share and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Globus Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globus Maritime current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.Selling General Administrative is likely to gain to about 2.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M2.3M4.3M2.6M
Depreciation And Amortization6.0M10.5M8.9M7.2M

Globus Maritime fundamental ratios Correlations

0.620.270.080.86-0.210.940.340.10.62-0.680.590.95-0.240.320.620.590.54-0.130.310.480.120.350.130.610.9
0.620.230.540.14-0.310.750.20.750.93-0.370.070.73-0.03-0.240.750.070.430.11-0.360.71-0.420.25-0.651.00.26
0.270.23-0.180.17-0.170.260.120.170.13-0.310.010.260.080.030.420.010.01-0.030.030.340.170.45-0.050.260.28
0.080.54-0.18-0.260.070.17-0.280.550.480.29-0.180.160.2-0.42-0.05-0.18-0.060.37-0.50.08-0.450.0-0.490.54-0.17
0.860.140.17-0.26-0.070.70.29-0.390.19-0.670.750.72-0.290.620.30.750.46-0.250.680.150.410.290.570.120.97
-0.21-0.31-0.170.07-0.07-0.2-0.32-0.17-0.150.42-0.12-0.20.540.01-0.49-0.12-0.03-0.20.01-0.14-0.040.20.39-0.3-0.13
0.940.750.260.170.7-0.20.310.370.82-0.620.341.0-0.140.10.730.340.60.010.070.65-0.080.38-0.130.740.78
0.340.20.12-0.280.29-0.320.310.040.17-0.440.180.32-0.42-0.110.440.180.28-0.130.080.190.02-0.26-0.010.210.32
0.10.750.170.55-0.39-0.170.370.040.770.12-0.60.340.26-0.730.54-0.60.120.35-0.850.65-0.590.19-0.860.76-0.25
0.620.930.130.480.19-0.150.820.170.77-0.34-0.030.80.1-0.260.76-0.030.50.24-0.390.81-0.460.34-0.610.930.3
-0.68-0.37-0.310.29-0.670.42-0.62-0.440.12-0.34-0.63-0.630.3-0.48-0.56-0.63-0.790.09-0.57-0.40.08-0.28-0.09-0.34-0.7
0.590.070.01-0.180.75-0.120.340.18-0.6-0.03-0.630.36-0.430.820.081.00.34-0.390.84-0.120.370.010.50.060.68
0.950.730.260.160.72-0.21.00.320.340.8-0.630.36-0.150.130.720.360.6-0.010.10.64-0.060.38-0.10.720.8
-0.24-0.030.080.2-0.290.54-0.14-0.420.260.10.3-0.43-0.15-0.31-0.17-0.430.070.22-0.340.37-0.290.7-0.1-0.05-0.3
0.32-0.240.03-0.420.620.010.1-0.11-0.73-0.26-0.480.820.13-0.31-0.10.820.21-0.360.91-0.220.580.120.6-0.250.54
0.620.750.42-0.050.3-0.490.730.440.540.76-0.560.080.72-0.17-0.10.080.390.2-0.190.82-0.180.27-0.470.750.37
0.590.070.01-0.180.75-0.120.340.18-0.6-0.03-0.631.00.36-0.430.820.080.34-0.390.84-0.120.370.010.50.060.68
0.540.430.01-0.060.46-0.030.60.280.120.5-0.790.340.60.070.210.390.34-0.140.30.51-0.440.4-0.040.40.49
-0.130.11-0.030.37-0.25-0.20.01-0.130.350.240.09-0.39-0.010.22-0.360.2-0.39-0.14-0.410.23-0.320.08-0.410.11-0.24
0.31-0.360.03-0.50.680.010.070.08-0.85-0.39-0.570.840.1-0.340.91-0.190.840.3-0.41-0.340.480.020.73-0.380.61
0.480.710.340.080.15-0.140.650.190.650.81-0.4-0.120.640.37-0.220.82-0.120.510.23-0.34-0.350.65-0.50.70.21
0.12-0.420.17-0.450.41-0.04-0.080.02-0.59-0.460.080.37-0.06-0.290.58-0.180.37-0.44-0.320.48-0.35-0.010.59-0.410.35
0.350.250.450.00.290.20.38-0.260.190.34-0.280.010.380.70.120.270.010.40.080.020.65-0.010.050.230.3
0.13-0.65-0.05-0.490.570.39-0.13-0.01-0.86-0.61-0.090.5-0.1-0.10.6-0.470.5-0.04-0.410.73-0.50.590.05-0.660.43
0.611.00.260.540.12-0.30.740.210.760.93-0.340.060.72-0.05-0.250.750.060.40.11-0.380.7-0.410.23-0.660.25
0.90.260.28-0.170.97-0.130.780.32-0.250.3-0.70.680.8-0.30.540.370.680.49-0.240.610.210.350.30.430.25
Click cells to compare fundamentals

Globus Maritime Account Relationship Matchups

Globus Maritime fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.7M86.4M185.7M225.5M231.4M129.6M
Short Long Term Debt Total38.4M37.1M32.2M44.8M52.4M56.8M
Other Current Liab622K2.2M3.8M5.8M1.8M2.4M
Total Current Liabilities8.7M13.1M12.1M16.9M9.5M9.0M
Total Stockholder Equity9.9M42.1M146.4M170.7M176.0M93.0M
Other Liab26K31K114K148K170.2K137.5K
Property Plant And Equipment Net48.9M62.9M131.7M158.2M148.1M104.1M
Current Deferred Revenue2.0M285K2.0M416K688K619.1K
Net Debt36.1M18.1M(13.0M)(8.0M)(21.8M)(20.8M)
Retained Earnings(135.6M)(153.0M)(138.1M)(113.8M)(108.5M)(103.1M)
Accounts Payable4.7M4.8M1.1M3.5M362K343.9K
Cash2.4M19.0M45.2M52.8M74.3M78.0M
Non Current Assets Total50.2M64.2M135.7M163.1M152.1M106.6M
Long Term Debt36.6M30.9M26.4M37.5M45.8M38.8M
Cash And Short Term Investments2.4M19.0M45.2M52.8M74.3M78.0M
Net Receivables240K153K1.0M109K1.2M1.2M
Common Stock Total Equity126K13K21K12K10.8K10.3K
Common Stock Shares Outstanding32.0K41.6K959.2K14.8M20.6M21.6M
Liabilities And Stockholders Equity55.7M86.4M185.7M225.5M231.4M129.6M
Non Current Liabilities Total37.0M31.3M27.1M37.9M45.9M45.0M
Inventory1.5M1.2M852K3.0M1.3M954.4K
Other Current Assets153K1.0M1.2M2.9M2.6M1.6M
Other Stockholder Equity243.0M145.5M195.1M284.4M327.1M171.9M
Total Liab45.8M44.3M39.2M54.8M55.4M61.9M
Property Plant And Equipment Gross48.9M62.9M250.7M287.0M245.0M166.9M
Total Current Assets5.5M22.3M49.9M62.3M79.3M83.3M
Accumulated Other Comprehensive Income(96.9M)(102.7M)(108.9M)(112.5M)(101.3M)(106.3M)
Short Term Debt1.4M5.9M5.2M7.1M6.7M6.4M
Common Stock13K21K12K82K94.3K49.4K
Property Plant Equipment48.9M62.9M131.7M130.0M117.0M101.3M
Net Tangible Assets9.9M42.1M146.4M170.7M196.3M206.1M
Short Long Term Debt1.2M5.7M4.9M6.8M6.5M6.2M
Net Invested Capital47.6M78.6M177.7M215.0M228.2M143.1M
Net Working Capital(3.2M)9.2M37.8M45.4M69.8M73.3M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.