Global-E Online Ltd (GLBE) - Net Assets
Based on the latest financial reports, Global-E Online Ltd (GLBE) has net assets worth $932.68 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.46 Billion) and total liabilities ($530.10 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. Check GLBE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $932.68 Million |
| % of Total Assets | 63.76% |
| Annual Growth Rate | 96.87% |
| 5-Year Change | 34.05% |
| 10-Year Change | N/A |
| Growth Volatility | 342.14 |
Global-E Online Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Global-E Online Ltd's net assets have evolved over time, based on quarterly financial data. See Global-E Online Ltd (GLBE) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Global-E Online Ltd (2018–2025)
The table below shows the annual net assets of Global-E Online Ltd from 2018 to 2025. For live valuation and market cap data, see GLBE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $932.68 Million | +4.39% |
| 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 48726900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.47 Billion | 157.21% |
| Other Comprehensive Income | $2.80 Million | 0.30% |
| Total Equity | $932.68 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 |
|---|---|
|
Clal Insurance Enterprises Holdings Ltd
TA:CLIS
|
$5.01 Billion |
|
Beijing Vantone Real Estate Co Ltd
SHG:600246
|
$5.01 Billion |
|
Genesis Minerals Ltd
AU:GMD
|
$5.01 Billion |
|
Pampa Energia SA
BA:PAMP
|
$5.01 Billion |
|
Trina Solar Co Ltd
SHG:688599
|
$5.00 Billion |
|
Alfa S.A.B. de C.V.
MX:ALFAA
|
$5.00 Billion |
|
Victoria's Secret & Co
NYSE:VSCO
|
$5.00 Billion |
|
Bank BRISyariah Tbk PT
JK:BRIS
|
$5.00 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 2024 to 2025, total equity changed from 893,433,000 to 932,684,000, a change of 39,251,000 (4.4%).
- Net income of 68,270,000 contributed positively to equity growth.
- Share repurchases of 72,217,000 reduced equity.
- Other comprehensive income increased equity by 2,285,000.
- Other factors increased equity by 40,913,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $68.27 Million | +7.32% |
| Share Repurchases | $72.22 Million | -7.74% |
| Other Comprehensive Income | $2.29 Million | +0.24% |
| Other Changes | $40.91 Million | +4.39% |
| Total Change | $- | 4.39% |
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: 6.03x
- 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 482.67x to 6.03x 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 | $31.98 | x |
| 2019-12-31 | $-0.43 | $31.98 | x |
| 2020-12-31 | $4.94 | $31.98 | x |
| 2021-12-31 | $6.84 | $31.98 | x |
| 2022-12-31 | $5.89 | $31.98 | x |
| 2023-12-31 | $5.49 | $31.98 | x |
| 2024-12-31 | $5.34 | $31.98 | x |
| 2025-12-31 | $5.30 | $31.98 | 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): 7.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.10%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.57x
- Recent ROE (7.32%) is above the historical average (-23.55%), 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 |
| 2025 | 7.32% | 7.10% | 0.66x | 1.57x | $-25.00 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: $29,623,842,493
- Average return on equity (ROE) among peers: 1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global-E Online Ltd (GLBE) | $932.68 Million | -143.34% | 0.57x | $5.01 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $13.13 Million |
| Amazon.com Inc (AMZN) | $285.97 Billion | 20.72% | 1.19x | $2.55 Trillion |
| Beyond, Inc. (BYON) | $129.22 Million | 6.85% | 1.92x | $541.91 Million |
| Baozun Inc (BZUN) | $6.13 Billion | 6.95% | 0.71x | $138.03 Million |
| Maplebear Inc. (CART) | $29.12 Million | 0.00% | 12.96x | $9.93 Billion |
| Chewy Inc (CHWY) | $497.90 Million | 44.75% | 6.22x | $4.13 Billion |
| Coupang LLC (CPNG) | $-3.53 Billion | 0.00% | 0.00x | $28.56 Billion |
| Dada Nexus Ltd (DADA) | $-7.19 Billion | 0.00% | 0.00x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $7.81 Billion | 1.57% | 0.64x | $67.36 Billion |
| eBay Inc (EBAY) | $6.40 Billion | 43.26% | 2.38x | $47.90 Billion |
About 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.