Globus Maritime Ltd Total Assets
Globus Maritime Ltd total assets. 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. Also see market cap of Globus Maritime Ltd for the company's overall valuation and market capitalisation.
Total Assets of Globus Maritime Ltd (2008–2024)
Total assets of Globus Maritime Ltd from 2008 to 2024. This chart illustrates how Globus Maritime Ltd's total assets have evolved over time, based on quarterly financial data. See Globus Maritime Ltd (GLBS) stock price for real-time trading data and today's change.
Globus Maritime Ltd - Asset Composition Analysis
Globus Maritime Ltd Total Assets Breakdown (December 2024)
Globus Maritime Ltd total assets breakdown as of 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. Explore working capital position of Globus Maritime Ltd to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.33 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
China | CN¥36.08 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Safe Bulkers Inc
NYSE:SB
|
USA | $1.43 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥826.57 Million |
|
Euroseas Ltd
NASDAQ:ESEA
|
USA | $700.46 Million |
|
Seanergy Maritime Holdings Corp
NASDAQ:SHIP
|
USA | $643.46 Million |
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
China | CN¥1.35 Billion |
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 | 0.10 |
| Asset Growth Rate (YoY) | 38.7% |
| Total Assets | $320.99 Million |
| Market Capitalization | $32.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Globus Maritime Ltd's assets below their book value (0.10x), 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 | -- |
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