Globus Maritime Ltd Cash Flow Conversion Efficiency
Globus Maritime Ltd cash flow conversion efficiency. Based on the latest financial reports, Globus Maritime Ltd (GLBS) has a cash flow conversion efficiency ratio of 0.020x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.56 Million) by net assets ($173.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Globus Maritime Ltd (2008–2024)
Cash flow conversion efficiency of Globus Maritime Ltd from 2008 to 2024. This chart illustrates how Globus Maritime Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Globus Maritime Ltd (GLBS) share price today for real-time trading data and today's change.
Globus Maritime Ltd Cash Flow Conversion Ratio Explained
Globus Maritime Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Globus Maritime Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Globus Maritime Ltd ranked by their cash flow conversion efficiency. Also see GLBS stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Laser Photonics Corporation Common Stock
NASDAQ:LASE
|
3.174x |
|
Sheh Kai Precision Co Ltd
TWO:2063
|
0.067x |
|
Aeries Technology Inc.
NASDAQ:AERT
|
-1.835x |
|
Largo Resources Ltd
TO:LGO
|
-0.092x |
|
Compa Sibiu
RO:CMP
|
0.034x |
|
Juic International
TWO:6114
|
0.032x |
|
K Way Information
TWO:5201
|
-0.031x |
|
ROYAL ROAD MIN.
F:RLU
|
-0.125x |
Annual Cash Flow Conversion Efficiency for Globus Maritime Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Globus Maritime Ltd from 2008 to 2024. Review Globus Maritime Ltd free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $176.40 Million | $11.29 Million | 0.064x | +352.69% |
| 2023-12-31 | $175.97 Million | $-4.46 Million | -0.025x | -116.06% |
| 2022-12-31 | $170.70 Million | $26.91 Million | 0.158x | +11.22% |
| 2021-12-31 | $146.42 Million | $20.75 Million | 0.142x | +195.55% |
| 2020-12-31 | $42.09 Million | $-6.24 Million | -0.148x | -787.87% |
| 2019-12-31 | $9.88 Million | $213.00K | 0.022x | -77.02% |
| 2018-12-31 | $41.05 Million | $3.85 Million | 0.094x | +553.68% |
| 2017-12-31 | $43.97 Million | $631.00K | 0.014x | +108.28% |
| 2016-12-31 | $20.76 Million | $-3.60 Million | -0.173x | -8725.14% |
| 2015-12-31 | $30.54 Million | $-60.00K | -0.002x | -101.31% |
| 2014-12-31 | $63.32 Million | $9.52 Million | 0.150x | -26.58% |
| 2013-12-31 | $60.34 Million | $12.36 Million | 0.205x | -21.36% |
| 2012-12-31 | $55.18 Million | $14.37 Million | 0.260x | +84.40% |
| 2011-12-31 | $140.02 Million | $19.77 Million | 0.141x | +2.80% |
| 2010-12-31 | $117.79 Million | $16.18 Million | 0.137x | -53.56% |
| 2009-12-31 | $113.46 Million | $33.57 Million | 0.296x | -48.81% |
| 2008-12-31 | $121.78 Million | $70.38 Million | 0.578x | -- |
About Globus Maritime Ltd
Globus Maritime Limited operates as a dry bulk shipping company that provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of March 20, 2025, the company operated eight dry bulk vessels with a total carrying capacity of 680,622 deadweight to… Read more