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
Globus Maritime Ltd (GLBS) - Total Assets
Latest total assets as of September 2025: $289.79 Million USD
Based on the latest financial reports, Globus Maritime Ltd (GLBS) holds total assets worth $289.79 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Globus Maritime Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Globus Maritime Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Globus Maritime Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Globus Maritime Ltd's total assets of $289.79 Million consist of 16.5% current assets and 83.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.6% |
| Accounts Receivable | $1.11 Million | 0.4% |
| Inventory | $1.23 Million | 0.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Globus Maritime Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Globus Maritime Ltd's current assets represent 16.5% of total assets in 2024, a decrease from 24.0% in 2008.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, down from 23.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 0.4% of total assets.
Globus Maritime Ltd Competitors by Total Assets
Key competitors of Globus Maritime Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
Globus Maritime Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Globus Maritime Ltd generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Globus Maritime Ltd generates $ 0.13 in net profit.
Globus Maritime Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.34 | 4.85 | 1.71 |
| Quick Ratio | 2.22 | 4.78 | 1.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $18.29 Million | $ 52.27 Million | $ 9.22 Million |
Globus Maritime Ltd - Advanced Valuation Insights
This section examines the relationship between Globus Maritime Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.19 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 38.7% |
| Total Assets | $320.99 Million |
| Market Capitalization | $20.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Globus Maritime Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Globus Maritime Ltd's assets grew by 38.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Globus Maritime Ltd (2008–2024)
The table below shows the annual total assets of Globus Maritime Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $320.99 Million | +38.71% |
| 2023-12-31 | $231.40 Million | +2.64% |
| 2022-12-31 | $225.46 Million | +21.44% |
| 2021-12-31 | $185.65 Million | +114.77% |
| 2020-12-31 | $86.44 Million | +55.31% |
| 2019-12-31 | $55.66 Million | -35.79% |
| 2018-12-31 | $86.67 Million | -5.38% |
| 2017-12-31 | $91.60 Million | -2.55% |
| 2016-12-31 | $94.00 Million | -18.15% |
| 2015-12-31 | $114.84 Million | -24.48% |
| 2014-12-31 | $152.07 Million | -2.31% |
| 2013-12-31 | $155.66 Million | -6.07% |
| 2012-12-31 | $165.72 Million | -35.28% |
| 2011-12-31 | $256.06 Million | +17.22% |
| 2010-12-31 | $218.45 Million | +16.46% |
| 2009-12-31 | $187.57 Million | -34.06% |
| 2008-12-31 | $284.45 Million | -- |