Globe International Ltd
Globe International Limited, together with its subsidiaries, designs and manufactures apparel, footwear, and hardgoods in Australia, the United States, and internationally. The company offers skate hardware, work boots, roller and inline skates, skateboards, socks, optics, helmets and pads, and related accessories. It sells its products under various proprietary brands, such as Globe, Salty Crew,… Read more
Globe International Ltd (GLB) - Net Assets
Latest net assets as of June 2025: AU$77.18 Million AUD
Based on the latest financial reports, Globe International Ltd (GLB) has net assets worth AU$77.18 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$129.89 Million) and total liabilities (AU$52.71 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$77.18 Million |
| % of Total Assets | 59.42% |
| Annual Growth Rate | -1.2% |
| 5-Year Change | 9.99% |
| 10-Year Change | 133.79% |
| Growth Volatility | 18.14 |
Globe International Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Globe International Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Globe International Ltd (2000–2025)
The table below shows the annual net assets of Globe International Ltd from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$77.18 Million | +1.17% |
| 2024-06-30 | AU$76.28 Million | +7.28% |
| 2023-06-30 | AU$71.11 Million | -6.52% |
| 2022-06-30 | AU$76.07 Million | +8.41% |
| 2021-06-30 | AU$70.17 Million | +56.69% |
| 2020-06-30 | AU$44.78 Million | +0.56% |
| 2019-06-30 | AU$44.53 Million | +8.49% |
| 2018-06-30 | AU$41.05 Million | +16.50% |
| 2017-06-30 | AU$35.23 Million | +6.73% |
| 2016-06-30 | AU$33.01 Million | +5.55% |
| 2015-06-30 | AU$31.28 Million | +18.34% |
| 2014-06-30 | AU$26.43 Million | -32.36% |
| 2013-06-30 | AU$39.07 Million | -13.17% |
| 2012-06-30 | AU$45.00 Million | -4.05% |
| 2011-06-30 | AU$46.90 Million | -8.22% |
| 2010-06-30 | AU$51.10 Million | -1.50% |
| 2009-06-30 | AU$51.88 Million | -11.92% |
| 2008-06-30 | AU$58.89 Million | -37.58% |
| 2007-06-30 | AU$94.36 Million | -28.79% |
| 2006-06-30 | AU$132.50 Million | -0.49% |
| 2005-06-30 | AU$133.16 Million | -7.25% |
| 2004-06-30 | AU$143.56 Million | +5.45% |
| 2003-06-30 | AU$136.15 Million | +15.23% |
| 2002-06-30 | AU$118.16 Million | +7.52% |
| 2001-06-30 | AU$109.89 Million | +5.32% |
| 2000-06-30 | AU$104.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Globe International Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2389.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$144.22 Million | 186.87% |
| Other Comprehensive Income | AU$-3.15 Million | -4.08% |
| Total Equity | AU$77.18 Million | 100.00% |
Globe International Ltd Competitors by Market Cap
The table below lists competitors of Globe International Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inmofam 99 SOCIMI SA
MC:YINM
|
$9.78 Million |
|
Sun&L Co Ltd
KO:002820
|
$9.78 Million |
|
DESERT CONTROL NK 3
F:8KT
|
$9.79 Million |
|
Premier Quality Starch PCL
BK:PQS
|
$9.79 Million |
|
Filatex Fashions Limited
NSE:FILATFASH
|
$9.78 Million |
|
Wing Yip Food Holdings Group Limited American Depositary Shares
NASDAQ:WYHG
|
$9.78 Million |
|
RE Royalties Ltd
OTCQX:RROYF
|
$9.78 Million |
|
Cubic Korea Inc
KQ:021650
|
$9.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globe International Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 76,285,000 to 77,180,000, a change of 895,000 (1.2%).
- Net income of 9,797,000 contributed positively to equity growth.
- Dividend payments of 9,537,000 reduced retained earnings.
- Other comprehensive income increased equity by 635,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$9.80 Million | +12.69% |
| Dividends Paid | AU$9.54 Million | -12.36% |
| Other Comprehensive Income | AU$635.00K | +0.82% |
| Total Change | AU$- | 1.17% |
Book Value vs Market Value Analysis
This analysis compares Globe International Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.07x to 1.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | AU$2.61 | AU$2.79 | x |
| 2001-06-30 | AU$3.67 | AU$2.79 | x |
| 2002-06-30 | AU$2.91 | AU$2.79 | x |
| 2003-06-30 | AU$2.99 | AU$2.79 | x |
| 2004-06-30 | AU$3.14 | AU$2.79 | x |
| 2005-06-30 | AU$2.91 | AU$2.79 | x |
| 2006-06-30 | AU$2.89 | AU$2.79 | x |
| 2007-06-30 | AU$2.07 | AU$2.79 | x |
| 2008-06-30 | AU$1.42 | AU$2.79 | x |
| 2009-06-30 | AU$1.25 | AU$2.79 | x |
| 2010-06-30 | AU$1.23 | AU$2.79 | x |
| 2011-06-30 | AU$1.13 | AU$2.79 | x |
| 2012-06-30 | AU$1.09 | AU$2.79 | x |
| 2013-06-30 | AU$0.94 | AU$2.79 | x |
| 2014-06-30 | AU$0.64 | AU$2.79 | x |
| 2015-06-30 | AU$0.75 | AU$2.79 | x |
| 2016-06-30 | AU$0.80 | AU$2.79 | x |
| 2017-06-30 | AU$0.85 | AU$2.79 | x |
| 2018-06-30 | AU$0.99 | AU$2.79 | x |
| 2019-06-30 | AU$1.07 | AU$2.79 | x |
| 2020-06-30 | AU$1.09 | AU$2.79 | x |
| 2021-06-30 | AU$1.71 | AU$2.79 | x |
| 2022-06-30 | AU$1.83 | AU$2.79 | x |
| 2023-06-30 | AU$1.71 | AU$2.79 | x |
| 2024-06-30 | AU$1.84 | AU$2.79 | x |
| 2025-06-30 | AU$1.86 | AU$2.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globe International Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.75%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 1.68x
- Recent ROE (12.69%) is above the historical average (2.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.71% | 18.28% | 0.33x | 1.44x | AU$-1.35 Million |
| 2001 | -2.89% | -2.07% | 0.96x | 1.45x | AU$-14.16 Million |
| 2002 | 21.21% | 11.55% | 1.41x | 1.30x | AU$13.25 Million |
| 2003 | -43.85% | -29.19% | 1.20x | 1.25x | AU$-73.31 Million |
| 2004 | -0.12% | -0.09% | 1.03x | 1.25x | AU$-14.51 Million |
| 2005 | -0.47% | -0.31% | 1.17x | 1.30x | AU$-13.88 Million |
| 2006 | 0.36% | 0.24% | 1.14x | 1.30x | AU$-12.73 Million |
| 2007 | -3.42% | -2.63% | 1.07x | 1.22x | AU$-12.66 Million |
| 2008 | -41.77% | -20.38% | 1.54x | 1.33x | AU$-30.49 Million |
| 2009 | -17.09% | -7.59% | 1.66x | 1.36x | AU$-14.06 Million |
| 2010 | 2.57% | 1.45% | 1.32x | 1.34x | AU$-3.80 Million |
| 2011 | 2.32% | 1.24% | 1.39x | 1.35x | AU$-3.60 Million |
| 2012 | 0.14% | 0.08% | 1.31x | 1.39x | AU$-4.44 Million |
| 2013 | -15.25% | -7.08% | 1.43x | 1.51x | AU$-9.87 Million |
| 2014 | -46.55% | -11.83% | 2.06x | 1.91x | AU$-14.94 Million |
| 2015 | 11.89% | 2.70% | 2.16x | 2.04x | AU$590.30K |
| 2016 | 14.36% | 3.14% | 2.40x | 1.91x | AU$1.44 Million |
| 2017 | 14.42% | 3.62% | 2.32x | 1.72x | AU$1.56 Million |
| 2018 | 20.56% | 5.71% | 2.03x | 1.78x | AU$4.33 Million |
| 2019 | 18.41% | 5.15% | 2.10x | 1.70x | AU$3.74 Million |
| 2020 | 13.62% | 4.02% | 1.86x | 1.82x | AU$1.62 Million |
| 2021 | 47.42% | 12.48% | 1.93x | 1.97x | AU$26.25 Million |
| 2022 | 24.51% | 6.79% | 1.81x | 1.99x | AU$11.03 Million |
| 2023 | 2.19% | 0.67% | 1.85x | 1.78x | AU$-5.55 Million |
| 2024 | 15.03% | 5.16% | 1.74x | 1.68x | AU$3.84 Million |
| 2025 | 12.69% | 4.75% | 1.59x | 1.68x | AU$2.08 Million |
Industry Comparison
This section compares Globe International Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $90,424,562
- Average return on equity (ROE) among peers: 30.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globe International Ltd (GLB) | AU$77.18 Million | 8.71% | 0.68x | $9.78 Million |
| GLG Corp Ltd (GLE) | $14.64 Million | 46.79% | 0.60x | $557.19K |
| KMD Brands Ltd (KMD) | $254.93 Million | 15.32% | 0.33x | $57.83 Million |
| Merino & Co. Ltd (MNC) | $1.70 Million | 28.54% | 3.14x | $1.85 Million |