Globus Maritime Ltd (GLBS) - Total Liabilities
Based on the latest financial reports, Globus Maritime Ltd (GLBS) has total liabilities worth $116.02 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check how resilient are Globus Maritime Ltd's assets to evaluate the company's liquid asset resilience ratio.
Globus Maritime Ltd - Total Liabilities Trend (2008–2024)
This chart illustrates how Globus Maritime Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see balance sheet size of Globus Maritime Ltd.
Globus Maritime Ltd Competitors by Total Liabilities
The table below lists competitors of Globus Maritime Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Lipum AB
ST:LIPUM
|
Sweden | Skr11.63 Million |
|
Phenom Resources Corp
V:PHNM
|
Canada | CA$180.24K |
|
Ajinextek Co. Ltd
KQ:059120
|
Korea | ₩4.40 Billion |
|
Pan Brothers Tbk
JK:PBRX
|
Indonesia | Rp130.50 Million |
|
Taiwan Benefit Co
TWO:3379
|
Taiwan | NT$572.57 Million |
|
Atlanta Poland SA
WAR:ATP
|
Poland | zł104.82 Million |
|
Itama Ranoraya
JK:IRRA
|
Indonesia | Rp2.16 Trillion |
|
Redwood Group Ltd
TWO:8426
|
Taiwan | NT$1.27 Billion |
Liability Composition Analysis (2008–2024)
This chart breaks down Globus Maritime Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Globus Maritime Ltd (GLBS) net asset quality to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.34 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.67 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.40 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Globus Maritime Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Globus Maritime Ltd (2008–2024)
The table below shows the annual total liabilities of Globus Maritime Ltd from 2008 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $144.59 Million | +160.84% |
| 2023-12-31 | $55.43 Million | +1.23% |
| 2022-12-31 | $54.76 Million | +39.57% |
| 2021-12-31 | $39.23 Million | -11.53% |
| 2020-12-31 | $44.35 Million | -3.12% |
| 2019-12-31 | $45.78 Million | +0.34% |
| 2018-12-31 | $45.62 Million | -4.22% |
| 2017-12-31 | $47.63 Million | -34.96% |
| 2016-12-31 | $73.24 Million | -13.13% |
| 2015-12-31 | $84.30 Million | -5.01% |
| 2014-12-31 | $88.75 Million | -6.89% |
| 2013-12-31 | $95.32 Million | -13.77% |
| 2012-12-31 | $110.54 Million | -4.74% |
| 2011-12-31 | $116.04 Million | +15.27% |
| 2010-12-31 | $100.66 Million | +35.83% |
| 2009-12-31 | $74.11 Million | -54.44% |
| 2008-12-31 | $162.66 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