Globus Medical
Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. The company offers musculoskeletal solutions, including spine products, such as traditional fusion implants, and treatment options for motion preservation technologies, and interventional solutions to treat vertebral… Read more
Globus Medical (GMED) - Total Assets
Latest total assets as of September 2025: $5.10 Billion USD
Based on the latest financial reports, Globus Medical (GMED) holds total assets worth $5.10 Billion 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 Medical - Total Assets Trend (2010–2024)
This chart illustrates how Globus Medical’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Globus Medical - Asset Composition Analysis
Current Asset Composition (December 2024)
Globus Medical's total assets of $5.10 Billion consist of 41.5% current assets and 58.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.9% |
| Accounts Receivable | $578.33 Million | 11.0% |
| Inventory | $659.23 Million | 12.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $795.12 Million | 15.1% |
| Goodwill | $1.43 Billion | 27.3% |
Asset Composition Trend (2010–2024)
This chart illustrates how Globus Medical'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 Medical's current assets represent 41.5% of total assets in 2024, a decrease from 82.1% in 2010.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2024, down from 41.9% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 27.3% of total assets.
Globus Medical Competitors by Total Assets
Key competitors of Globus Medical based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Globus Medical - 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
Moderate asset utilization - Globus Medical generates 0.48x 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 Medical generates $ 1.96 in net profit.
Globus Medical - 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 | 4.13 | 2.51 | 6.80 |
| Quick Ratio | 2.47 | 1.64 | 4.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.46 Billion | $ 1.24 Billion | $ 700.97 Million |
Globus Medical - Advanced Valuation Insights
This section examines the relationship between Globus Medical'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 | 2.68 |
| Latest Market Cap to Assets Ratio | 1.85 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | $5.25 Billion |
| Market Capitalization | $9.74 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Globus Medical's assets above their book value (1.85 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Globus Medical's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Globus Medical (2010–2024)
The table below shows the annual total assets of Globus Medical from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.25 Billion | +3.26% |
| 2023-12-31 | $5.09 Billion | +144.98% |
| 2022-12-31 | $2.08 Billion | +6.07% |
| 2021-12-31 | $1.96 Billion | +16.54% |
| 2020-12-31 | $1.68 Billion | +9.62% |
| 2019-12-31 | $1.53 Billion | +17.79% |
| 2018-12-31 | $1.30 Billion | +20.60% |
| 2017-12-31 | $1.08 Billion | +16.26% |
| 2016-12-31 | $927.64 Million | +11.21% |
| 2015-12-31 | $834.10 Million | +18.56% |
| 2014-12-31 | $703.55 Million | +24.23% |
| 2013-12-31 | $566.30 Million | +26.65% |
| 2012-12-31 | $447.13 Million | +35.75% |
| 2011-12-31 | $329.39 Million | +23.56% |
| 2010-12-31 | $266.57 Million | -- |