Globus Maritime Ltd (GLBS) - 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. Also see market value of Globus Maritime Ltd for the company's overall valuation and market capitalisation.
Globus Maritime Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Globus Maritime Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Globus Maritime Ltd cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pan Brothers Tbk
JK:PBRX
|
0.059x |
|
Ajinextek Co. Ltd
KQ:059120
|
0.056x |
|
Phenom Resources Corp
V:PHNM
|
-0.007x |
|
Lipum AB
ST:LIPUM
|
1.465x |
|
Taiwan Benefit Co
TWO:3379
|
-0.100x |
|
Atlanta Poland SA
WAR:ATP
|
0.164x |
|
Itama Ranoraya
JK:IRRA
|
-0.486x |
|
Redwood Group Ltd
TWO:8426
|
0.179x |
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. View Globus Maritime Ltd stock price for real-time trading data and today's change.
| 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