Globus Debt To Equity from 2010 to 2024

GLBS Stock  USD 1.31  0.03  2.24%   
Globus Maritime Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity will likely drop to 0.28 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.29697676
Current Value
0.28
Quarterly Volatility
1.09506759
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Maritime's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 2.6 M or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0011 or PTB Ratio of 0.29. Globus financial statements analysis is a perfect complement when working with Globus Maritime Valuation or Volatility modules.
  
Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Latest Globus Maritime's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Globus Maritime over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Globus Maritime's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Maritime's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.17 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Globus Debt To Equity Regression Statistics

Arithmetic Mean1.39
Geometric Mean0.98
Coefficient Of Variation78.73
Mean Deviation0.84
Median1.29
Standard Deviation1.10
Sample Variance1.20
Range3.6058
R-Value(0.34)
Mean Square Error1.14
R-Squared0.12
Significance0.21
Slope(0.08)
Total Sum of Squares16.79

Globus Debt To Equity History

2024 0.28
2023 0.3
2022 0.26
2021 0.22
2020 0.87
2019 3.82
2018 0.9

About Globus Maritime Financial Statements

Globus Maritime shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may analyze each financial statement separately, they are all interrelated. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globus Maritime's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt To Equity 0.30  0.28 

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Additional Tools for Globus Stock Analysis

When running Globus Maritime's price analysis, check to measure Globus Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.