Globus Maritime Ltd (GLBS) — Working Capital to Net Assets Ratio
Globus Maritime Ltd (GLBS) has a Working Capital to Net Assets ratio of 10.5% as of September 2025. Working capital of $18.29 Million (current assets of $31.99 Million minus current liabilities of $13.70 Million) is measured against net assets of $173.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Globus Maritime Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Globus Maritime Ltd Working Capital to Net Assets (2008–2024)
This chart shows how Globus Maritime Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 10.5%, reflecting working capital of $18.29 Million against net assets of $173.78 Million USD. Check tangible equity quality of Globus Maritime Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Globus Maritime Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Globus Maritime Ltd from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see GLBS company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.5% | $18.46 Million | $176.40 Million | $53.04 Million | $34.58 Million | ▼ -29.2 pp |
| 2023 | 39.7% | $69.80 Million | $175.97 Million | $79.30 Million | $9.50 Million | ▲ +13.1 pp |
| 2022 | 26.6% | $45.42 Million | $170.70 Million | $62.33 Million | $16.90 Million | ▲ +0.8 pp |
| 2021 | 25.8% | $37.81 Million | $146.42 Million | $49.94 Million | $12.13 Million | ▲ +3.9 pp |
| 2020 | 21.9% | $9.22 Million | $42.09 Million | $22.28 Million | $13.06 Million | ▲ +54.7 pp |
| 2019 | -32.8% | $-3.24 Million | $9.88 Million | $5.49 Million | $8.73 Million | ▲ +65.6 pp |
| 2018 | -98.4% | $-40.41 Million | $41.05 Million | $2.79 Million | $43.21 Million | ▲ +0.1 pp |
| 2017 | -98.5% | $-43.32 Million | $43.97 Million | $4.23 Million | $47.55 Million | ▲ +41.1 pp |
| 2016 | -139.6% | $-28.99 Million | $20.76 Million | $2.15 Million | $31.14 Million | ▲ +73.0 pp |
| 2015 | -212.6% | $-64.93 Million | $30.54 Million | $4.70 Million | $69.63 Million | ▼ -152.3 pp |
| 2014 | -60.3% | $-38.20 Million | $63.32 Million | $10.23 Million | $48.44 Million | ▼ -59.4 pp |
| 2013 | -0.9% | $-566.00K | $60.34 Million | $21.95 Million | $22.52 Million | ▲ +11.7 pp |
| 2012 | -12.6% | $-6.97 Million | $55.18 Million | $24.76 Million | $31.73 Million | ▼ -14.8 pp |
| 2011 | 2.2% | $3.01 Million | $140.02 Million | $13.47 Million | $10.46 Million | ▼ -7.7 pp |
| 2010 | 9.9% | $11.62 Million | $117.79 Million | $26.90 Million | $15.28 Million | ▼ -10.8 pp |
| 2009 | 20.7% | $23.44 Million | $113.46 Million | $61.34 Million | $37.89 Million | ▲ +32.6 pp |
| 2008 | -12.0% | $-14.56 Million | $121.78 Million | $68.37 Million | $82.93 Million | — |