Globus Maritime Limited (GLBS) quarterly balance sheet — complete assets, liabilities & equity history
Globus Maritime Limited (GLBS) balance sheet — 18-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 40.69M | 35.26M | 30.97M | 31.99M | 54.6M | 58.52M | 53.04M | 65.83M | 87.95M | 63.1M | 79.3M | 84.73M | 60.15M | 72.51M | 62.33M | 72.84M | 53.07M | 61.35M | 49.94M | 66.48M |
| Cash & Short-Term Investments | 29.77M | 28.04M | 26.25M | 25.76M | 48.33M | 51.09M | 46.84M | 59.7M | 71.47M | 56.82M | 74.29M | 78.32M | 53.23M | 50.55M | 52.83M | 62.7M | 43.64M | 53.28M | 45.21M | 63.43M |
| Cash Only | 29.77M | 28.04M | 26.25M | 25.76M | 48.33M | 51.09M | 46.84M | 59.7M | 70.77M | 56.82M | 74.29M | 78.32M | 53.23M | 50.55M | 52.83M | 62.7M | 43.64M | 53.28M | 45.21M | 63.43M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 700K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.8M | 1.82M | 654K | 1.08M | 1.52M | 1.98M | 1.11M | 406K | 112K | 1.88M | 1.15M | 906K | 611K | 1.1M | 109K | 2.92M | 2.15M | 915K | 1M | 377K |
| Days Sales Outstanding | 17.51 | 9.09 | 5.92 | 9.48 | 16.67 | 16.13 | 8.05 | 2.66 | 9.53 | 17.89 | 13.31 | 9.09 | 9.93 | 6.34 | 16.76 | 14.7 | 7.29 | 4.68 | 3.41 | 1.4 |
| Inventory | 1.33M | 2.62M | 2.22M | 1.58M | 1.39M | 1.69M | 1.23M | 963K | 856K | 704K | 1.26M | 1.31M | 2.27M | 1.58M | 3.03M | 1.59M | 1.41M | 2.55M | 852K | 985K |
| Days Inventory Outstanding | 21.13 | 27.61 | 16.43 | 14.68 | 22.25 | 14.63 | 9.16 | 13.87 | 12.92 | 15.55 | 22 | 24.34 | 21.27 | 24.2 | 21.34 | 12.85 | 25.08 | 21.71 | 12.78 | 11.09 |
| Other Current Assets | 5.78M | 2.78M | 1.85M | 3.58M | 1.1M | 3.77M | 3.87M | 4.76M | 15.52M | 3.69M | 2.69M | 4.2M | 4.03M | 20.86M | 6.36M | 4.02M | 3.4M | 2.43M | 1.65M | 1.31M |
| Total Non-Current Assets | 253.39M | 255.39M | 257.85M | 257.8M | 254.77M | 257.47M | 267.94M | 214.25M | 168.37M | 170.13M | 152.1M | 149.17M | 157.17M | 151.65M | 163.13M | 152.73M | 153.18M | 134.18M | 135.71M | 107.66M |
| Property, Plant & Equipment | 251.38M | 253.38M | 255.84M | 255.79M | 237.7M | 255.08M | 264.98M | 211.37M | 164.97M | 165.74M | 148.07M | 144.77M | 153.01M | 151.65M | 158.22M | 147.5M | 148.38M | 129.5M | 131.71M | 103.97M |
| Fixed Asset Turnover | 0.06x | 0.05x | 0.05x | 0.05x | 0.04x | 0.03x | 0.04x | 0.05x | 0.06x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.05x | 0.11x | 0.14x | 0.14x | 0.16x | 0.13x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2M | 2M | 2M | 2M | 2M | 2.38M | 2.95M | 2.87M | 3.39M | 4.39M | 4.03M | 4.38M | 4.15M | 3.91M | 4.91M | 5.23M | 4.79M | 4.67M | 3.99M | 3.69M |
| Other Non-Current Assets | 10K | 10K | 10K | 10K | 15.06M | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | -3.91M | 10K | 10K | 10K | 10K | 10K | 10K |
| Total Assets | 294.08M | 290.65M | 288.82M | 289.79M | 309.36M | 315.99M | 320.99M | 280.08M | 256.31M | 233.23M | 231.4M | 233.9M | 217.32M | 224.16M | 225.46M | 225.57M | 206.24M | 195.53M | 185.65M | 174.15M |
| Asset Turnover | 0.05x | 0.04x | 0.05x | 0.04x | 0.03x | 0.03x | 0.03x | 0.03x | 0.04x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.07x | 0.10x | 0.10x | 0.10x | 0.07x |
| Asset Growth % | -4.94% | -8.02% | -10.02% | 3.47% | 20.7% | 35.48% | 38.71% | 19.75% | 17.94% | 4.04% | 2.64% | 3.69% | 5.37% | 14.64% | 21.44% | 29.53% | 20.86% | 60.33% | 114.77% | 128.02% |
| Total Current Liabilities | 14.67M | 13.3M | 11.31M | 13.7M | 31.66M | 34.42M | 34.58M | 13.56M | 11.99M | 10.29M | 9.5M | 10.66M | 13.54M | 17.74M | 16.9M | 12.22M | 12.22M | 11.22M | 12.13M | 9.59M |
| Accounts Payable | 2.16M | 3.15M | 1.97M | 2.63M | 2.51M | 3.79M | 3.59M | 3.15M | 676K | 995K | 362K | 1.83M | 3.2M | 3.6M | 3.55M | 2.2M | 1.71M | 2.72M | 1.1M | 415K |
| Days Payables Outstanding | 28.42 | 29.21 | 19.92 | 25.48 | 45.57 | 37 | 28.21 | 29.2 | 13.84 | 10.77 | 18.83 | 34.22 | 37.5 | 37.51 | 26.53 | 16.74 | 28.05 | 24.34 | 10.54 | 17.85 |
| Short-Term Debt | 8.33M | 8.31M | 6.1M | 6.16M | 8.18M | 25.3M | 25.95M | 7M | 7.06M | 6.61M | 6.5M | 6.67M | 6.04M | 10.19M | 6.8M | 6.31M | 4.88M | 4.87M | 5.04M | 4.86M |
| Deferred Revenue (Current) | 602K | 406K | 448K | 727K | 252K | 1.72M | 696K | 566K | 560K | 179K | 688K | 590K | 183K | 823K | 416K | 684K | 3.06M | 1.17M | 2.04M | 1.18M |
| Other Current Liabilities | 3.58M | 1.43M | 0 | 0 | 19M | 0 | 0 | 0 | 0 | 2.51M | 0 | 0 | 0 | -14.61M | 0 | 0 | 0 | 0 | 92K | 174K |
| Current Ratio | 2.77x | 2.65x | 2.74x | 2.34x | 1.72x | 1.70x | 1.53x | 4.85x | 7.33x | 6.13x | 8.35x | 7.95x | 4.44x | 4.09x | 3.69x | 5.96x | 4.34x | 5.47x | 4.12x | 6.93x |
| Quick Ratio | 2.68x | 2.45x | 2.54x | 2.22x | 1.68x | 1.65x | 1.50x | 4.78x | 7.26x | 6.06x | 8.21x | 7.82x | 4.28x | 4.00x | 3.51x | 5.83x | 4.23x | 5.24x | 4.05x | 6.83x |
| Cash Conversion Cycle | 10.22 | 7.49 | 2.43 | -1.32 | -6.65 | -6.25 | -11 | -12.67 | 8.61 | 22.68 | 16.48 | -0.79 | -6.3 | -6.97 | 11.58 | 10.81 | 4.31 | 2.05 | 5.65 | -5.36 |
| Total Non-Current Liabilities | 98.28M | 100.26M | 101.52M | 102.32M | 104.65M | 106.65M | 110.01M | 88.12M | 65.37M | 47.27M | 45.93M | 47.64M | 31.66M | 50.88M | 37.86M | 39.5M | 24.5M | 25.81M | 27.11M | 28.31M |
| Long-Term Debt | 97.48M | 99.37M | 51.73M | 53.15M | 104.02M | 56.41M | 59.27M | 60.86M | 62.45M | 47.03M | 45.76M | 47.47M | 31.46M | 32.86M | 37.52M | 39.1M | 24M | 25.22M | 26.44M | 27.66M |
| Capital Lease Obligations | 539K | 624K | 49.53M | 48.91M | 371K | 50.01M | 50.55M | 27.05M | 2.72M | 0 | 0 | 0 | 27K | 108K | 188K | 263K | 396K | 476K | 556K | 635K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 266K | 267K | 253K | 259K | 256K | 234K | 191K | 203K | 203K | 238K | 171K | 167K | 174K | 283K | 148K | 136K | 108K | 112K | 114K | 22K |
| Total Liabilities | 112.95M | 113.57M | 112.83M | 116.02M | 136.31M | 141.07M | 144.59M | 101.68M | 77.36M | 57.56M | 55.43M | 58.3M | 45.2M | 50.88M | 54.76M | 51.72M | 36.73M | 37.03M | 39.23M | 37.9M |
| Total Debt | 106.34M | 108.31M | 109.25M | 110.42M | 112.91M | 133.91M | 137.95M | 96.21M | 72.32M | 53.64M | 52.45M | 54.41M | 37.85M | 42.73M | 44.83M | 45.99M | 29.63M | 30.92M | 32.39M | 33.49M |
| Net Debt | 76.57M | 80.27M | 82.99M | 84.66M | 64.59M | 82.82M | 91.12M | 36.5M | 1.56M | -3.19M | -21.84M | -23.91M | -15.38M | -7.83M | -8M | -16.71M | -14.01M | -22.36M | -12.83M | -29.94M |
| Debt / Equity | 0.59x | 0.61x | 0.62x | 0.64x | 0.65x | 0.77x | 0.78x | 0.54x | 0.40x | 0.31x | 0.30x | 0.31x | 0.22x | 0.25x | 0.26x | 0.26x | 0.17x | 0.20x | 0.22x | 0.25x |
| Debt / EBITDA | 11.68x | 18.91x | 17.71x | 20.02x | 34.77x | 66.76x | 58.26x | 33.07x | 12.35x | 26.81x | 19.69x | 9.38x | 38.71x | 24.10x | 106.49x | 7.24x | 2.18x | 2.24x | 2.61x | 4.29x |
| Net Debt / EBITDA | 8.41x | 14.01x | 13.45x | 15.35x | 19.89x | 41.29x | 38.48x | 12.55x | 0.27x | -1.59x | -8.20x | -4.12x | -15.72x | -4.42x | -19.00x | -2.63x | -1.03x | -1.62x | -1.03x | -3.83x |
| Interest Coverage | 3.69x | 1.26x | 1.49x | 1.36x | 0.10x | 0.19x | -0.11x | 0.70x | 3.47x | 0.75x | 1.30x | 3.90x | -0.21x | 3.36x | -2.45x | 8.07x | 26.86x | 31.99x | 31.20x | 14.37x |
| Total Equity | 181.12M | 177.08M | 175.99M | 173.78M | 173.05M | 174.92M | 176.4M | 178.4M | 178.95M | 175.67M | 175.97M | 175.59M | 172.12M | 173.28M | 170.7M | 173.85M | 169.52M | 158.5M | 146.42M | 136.25M |
| Equity Growth % | 4.66% | 1.24% | -0.23% | -2.59% | -3.3% | -0.43% | 0.24% | 1.6% | 3.97% | 1.38% | 3.09% | 1% | 1.54% | 9.33% | 16.58% | 27.6% | 29.74% | 88.22% | 247.84% | 300.46% |
| Book Value per Share | 8.39 | 8.21 | 8.15 | 8.44 | 8.41 | 8.50 | 8.57 | 8.67 | 8.69 | 8.54 | 8.55 | 8.53 | 8.36 | 8.42 | 8.29 | 8.42 | 8.24 | 7.70 | 16.27 | 6.60 |
| Total Shareholders' Equity | 181.12M | 177.08M | 175.99M | 173.78M | 173.05M | 174.92M | 176.4M | 178.4M | 178.95M | 175.67M | 175.97M | 175.59M | 172.12M | 173.28M | 170.7M | 173.85M | 169.52M | 158.5M | 146.42M | 136.25M |
| Common Stock | 86K | 86K | 86K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K | 82K |
| Retained Earnings | -104.71M | -108.75M | -109.83M | -110.71M | -111.44M | -109.57M | -108.09M | -106.09M | -105.54M | -108.82M | -108.52M | -108.9M | -112.36M | -111.2M | -113.79M | -110.64M | -114.97M | -125.99M | -138.07M | -148.23M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 170.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |