Globus Price to Earnings Ratio vs Return on Sales Analysis
GLBS Stock | USD 2.05 0.04 1.91% |
Trend analysis of Globus Maritime balance sheet accounts such as Other Current Liabilities of 2.4 M or Total Current Liabilities of 9 M provides information on Globus Maritime's total assets, liabilities, and equity, which is the actual value of Globus Maritime to its prevalent stockholders. By breaking down trends over time using Globus Maritime balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Globus Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Globus Maritime at a specified time, usually calculated after every quarter, six months, or one year. Globus Maritime Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Globus Maritime and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Globus currently owns. An asset can also be divided into two categories, current and non-current.
Globus Maritime Balance Sheet Chart
Globus Maritime Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Globus Maritime uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Globus Maritime's Total Current Assets are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 206.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 9 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Globus Maritime assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globus Maritime books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Globus Maritime balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Globus Maritime are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.At this time, Globus Maritime's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.1 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.6M | 2.3M | 4.3M | 2.6M | Depreciation And Amortization | 6.0M | 10.5M | 8.9M | 7.2M |
Globus Maritime fundamental ratios Correlations
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Globus Maritime Account Relationship Matchups
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Globus Maritime fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.7M | 86.4M | 185.7M | 225.5M | 231.4M | 129.6M | |
Short Long Term Debt Total | 38.4M | 37.1M | 32.2M | 44.8M | 52.4M | 56.8M | |
Other Current Liab | 622K | 2.2M | 3.8M | 5.8M | 1.8M | 2.4M | |
Total Current Liabilities | 8.7M | 13.1M | 12.1M | 16.9M | 9.5M | 9.0M | |
Total Stockholder Equity | 9.9M | 42.1M | 146.4M | 170.7M | 176.0M | 93.0M | |
Other Liab | 26K | 31K | 114K | 148K | 170.2K | 137.5K | |
Property Plant And Equipment Net | 48.9M | 62.9M | 131.7M | 158.2M | 148.1M | 104.1M | |
Current Deferred Revenue | 2.0M | 285K | 2.0M | 416K | 688K | 619.1K | |
Net Debt | 36.1M | 18.1M | (13.0M) | (8.0M) | (21.8M) | (20.8M) | |
Retained Earnings | (135.6M) | (153.0M) | (138.1M) | (113.8M) | (108.5M) | (103.1M) | |
Accounts Payable | 4.7M | 4.8M | 1.1M | 3.5M | 362K | 343.9K | |
Cash | 2.4M | 19.0M | 45.2M | 52.8M | 74.3M | 78.0M | |
Non Current Assets Total | 50.2M | 64.2M | 135.7M | 163.1M | 152.1M | 106.6M | |
Long Term Debt | 36.6M | 30.9M | 26.4M | 37.5M | 45.8M | 38.8M | |
Cash And Short Term Investments | 2.4M | 19.0M | 45.2M | 52.8M | 74.3M | 78.0M | |
Net Receivables | 240K | 153K | 1.0M | 109K | 1.2M | 1.2M | |
Common Stock Total Equity | 126K | 13K | 21K | 12K | 10.8K | 10.3K | |
Common Stock Shares Outstanding | 41.7K | 959.2K | 14.8M | 20.6M | 23.7M | 24.9M | |
Liabilities And Stockholders Equity | 55.7M | 86.4M | 185.7M | 225.5M | 231.4M | 129.6M | |
Non Current Liabilities Total | 37.0M | 31.3M | 27.1M | 37.9M | 45.9M | 45.0M | |
Inventory | 1.5M | 1.2M | 852K | 3.0M | 1.3M | 954.4K | |
Other Current Assets | 153K | 1.0M | 1.2M | 2.9M | 2.6M | 1.6M | |
Other Stockholder Equity | 243.0M | 145.5M | 195.1M | 284.4M | 327.1M | 171.9M | |
Total Liab | 45.8M | 44.3M | 39.2M | 54.8M | 55.4M | 61.9M | |
Property Plant And Equipment Gross | 48.9M | 62.9M | 250.7M | 287.0M | 245.0M | 166.9M | |
Total Current Assets | 5.5M | 22.3M | 49.9M | 62.3M | 79.3M | 83.3M | |
Short Term Debt | 1.4M | 5.9M | 5.2M | 7.1M | 6.7M | 6.4M | |
Common Stock | 13K | 21K | 12K | 82K | 94.3K | 49.4K | |
Property Plant Equipment | 48.9M | 62.9M | 131.7M | 130.0M | 117.0M | 101.3M | |
Net Tangible Assets | 9.9M | 42.1M | 146.4M | 170.7M | 196.3M | 206.1M | |
Short Long Term Debt | 1.2M | 5.7M | 4.9M | 6.8M | 6.5M | 6.2M | |
Net Invested Capital | 47.6M | 78.6M | 177.7M | 215.0M | 228.2M | 143.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globus Maritime in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globus Maritime's short interest history, or implied volatility extrapolated from Globus Maritime options trading.
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Try AI Portfolio ArchitectCheck 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 CEOs Directory module to screen CEOs from public companies around the world.
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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.