Global-E Online Ltd
Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from and to worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.
Global-E Online Ltd (GLBE) - Net Assets
Latest net assets as of September 2025: $932.99 Million USD
Based on the latest financial reports, Global-E Online Ltd (GLBE) has net assets worth $932.99 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.28 Billion) and total liabilities ($345.52 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 | $932.99 Million |
| % of Total Assets | 72.97% |
| Annual Growth Rate | 118.81% |
| 5-Year Change | 531.39% |
| 10-Year Change | N/A |
| Growth Volatility | 373.69 |
Global-E Online Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Global-E Online 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 Global-E Online Ltd (2018–2024)
The table below shows the annual net assets of Global-E Online Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $893.43 Million | -0.95% |
| 2023-12-31 | $901.98 Million | -2.82% |
| 2022-12-31 | $928.12 Million | +33.40% |
| 2021-12-31 | $695.75 Million | +391.69% |
| 2020-12-31 | $141.50 Million | +366.83% |
| 2019-12-31 | $-53.03 Million | -752.03% |
| 2018-12-31 | $8.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global-E Online 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 48332100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.43 Billion | 159.53% |
| Other Comprehensive Income | $515.00K | 0.06% |
| Total Equity | $893.43 Million | 100.00% |
Global-E Online Ltd Competitors by Market Cap
The table below lists competitors of Global-E Online Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sectra AB (publ)
ST:SECT-B
|
$3.63 Billion |
|
Assured Guaranty Ltd
NYSE:AGO
|
$3.63 Billion |
|
freenet AG
PINK:FRTAF
|
$3.63 Billion |
|
Post Holdings Inc
NYSE:POST
|
$3.63 Billion |
|
EnLink Midstream LLC
NYSE:ENLC
|
$3.62 Billion |
|
Zeta Global Holdings Corp
NYSE:ZETA
|
$3.62 Billion |
|
Abrdn PLC
PINK:SLFPF
|
$3.62 Billion |
|
Vanguard International Semiconductor
TWO:5347
|
$3.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global-E Online Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 901,979,000 to 893,433,000, a change of -8,546,000 (-0.9%).
- Net loss of 75,548,000 reduced equity.
- Other comprehensive income increased equity by 1,935,000.
- Other factors increased equity by 65,067,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-75.55 Million | -8.46% |
| Other Comprehensive Income | $1.94 Million | +0.22% |
| Other Changes | $65.07 Million | +7.28% |
| Total Change | $- | -0.95% |
Book Value vs Market Value Analysis
This analysis compares Global-E Online 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: 6.35x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 511.49x to 6.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.07 | $33.89 | x |
| 2019-12-31 | $-0.43 | $33.89 | x |
| 2020-12-31 | $4.94 | $33.89 | x |
| 2021-12-31 | $6.84 | $33.89 | x |
| 2022-12-31 | $5.89 | $33.89 | x |
| 2023-12-31 | $5.49 | $33.89 | x |
| 2024-12-31 | $5.34 | $33.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global-E Online 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): -8.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.04%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.41x
- Recent ROE (-8.46%) is above the historical average (-27.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -143.34% | -30.00% | 1.35x | 3.53x | $-12.40 Million |
| 2019 | 0.00% | -11.46% | 1.51x | 0.00x | $-2.24 Million |
| 2020 | 2.77% | 2.87% | 0.39x | 2.45x | $-10.24 Million |
| 2021 | -10.77% | -30.55% | 0.29x | 1.22x | $-144.51 Million |
| 2022 | -21.05% | -47.77% | 0.35x | 1.25x | $-288.22 Million |
| 2023 | -14.83% | -23.48% | 0.47x | 1.33x | $-224.00 Million |
| 2024 | -8.46% | -10.04% | 0.60x | 1.41x | $-164.89 Million |
Industry Comparison
This section compares Global-E Online Ltd's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global-E Online Ltd (GLBE) | $932.99 Million | -143.34% | 0.37x | $3.62 Billion |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |