Globus Total Revenue vs Net Debt Analysis

GLBS Stock  USD 1.26  0.08  5.97%   
Globus Maritime financial indicator trend analysis is much more than just examining Globus Maritime latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globus Maritime is a good investment. Please check the relationship between Globus Maritime Total Revenue and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Total Revenue vs Net Debt

Total Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globus Maritime Total Revenue account and Net Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Globus Maritime's Total Revenue and Net Debt is 0.07. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Globus Maritime, assuming nothing else is changed. The correlation between historical values of Globus Maritime's Total Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Globus Maritime are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Revenue i.e., Globus Maritime's Total Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Globus Maritime generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Globus Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globus Maritime current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.At this time, Globus Maritime's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.1 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M2.3M4.3M2.6M
Depreciation And Amortization6.7M10.2M8.9M7.0M

Globus Maritime fundamental ratios Correlations

0.620.260.080.86-0.210.940.340.10.62-0.680.590.95-0.070.320.620.590.54-0.130.320.480.120.420.130.610.9
0.620.250.540.14-0.310.750.20.750.93-0.370.070.73-0.3-0.240.750.070.430.11-0.360.71-0.42-0.03-0.651.00.26
0.260.25-0.170.14-0.170.250.130.210.15-0.32-0.010.25-0.820.00.44-0.010.03-0.010.020.370.110.49-0.090.280.25
0.080.54-0.17-0.260.070.17-0.280.550.480.29-0.180.160.03-0.42-0.05-0.18-0.060.37-0.50.08-0.45-0.21-0.490.54-0.17
0.860.140.14-0.26-0.070.70.29-0.390.19-0.670.750.720.140.620.30.750.46-0.250.690.150.410.540.570.120.97
-0.21-0.31-0.170.07-0.07-0.2-0.32-0.17-0.150.42-0.12-0.20.160.01-0.49-0.12-0.03-0.20.01-0.14-0.040.140.39-0.3-0.13
0.940.750.250.170.7-0.20.310.370.82-0.620.341.0-0.10.10.730.340.60.010.080.65-0.080.34-0.130.740.78
0.340.20.13-0.280.29-0.320.310.040.17-0.440.180.32-0.22-0.110.440.180.28-0.130.030.190.02-0.2-0.010.210.32
0.10.750.210.55-0.39-0.170.370.040.770.12-0.60.34-0.34-0.730.54-0.60.120.35-0.840.65-0.59-0.21-0.860.76-0.25
0.620.930.150.480.19-0.150.820.170.77-0.34-0.030.8-0.17-0.260.76-0.030.50.24-0.380.81-0.460.03-0.610.930.3
-0.68-0.37-0.320.29-0.670.42-0.62-0.440.12-0.34-0.63-0.630.24-0.48-0.56-0.63-0.790.09-0.54-0.40.08-0.27-0.09-0.34-0.7
0.590.07-0.01-0.180.75-0.120.340.18-0.6-0.03-0.630.360.160.820.081.00.34-0.390.83-0.120.370.280.50.060.68
0.950.730.250.160.72-0.21.00.320.340.8-0.630.36-0.090.130.720.360.6-0.010.110.64-0.060.35-0.10.720.8
-0.07-0.3-0.820.030.140.16-0.1-0.22-0.34-0.170.240.16-0.090.16-0.430.16-0.05-0.110.19-0.360.14-0.10.27-0.340.05
0.32-0.240.0-0.420.620.010.1-0.11-0.73-0.26-0.480.820.130.16-0.10.820.21-0.360.94-0.220.580.410.6-0.250.54
0.620.750.44-0.050.3-0.490.730.440.540.76-0.560.080.72-0.43-0.10.080.390.2-0.180.82-0.180.08-0.470.750.37
0.590.07-0.01-0.180.75-0.120.340.18-0.6-0.03-0.631.00.360.160.820.080.34-0.390.83-0.120.370.280.50.060.68
0.540.430.03-0.060.46-0.030.60.280.120.5-0.790.340.6-0.050.210.390.34-0.140.250.51-0.440.16-0.040.40.49
-0.130.11-0.010.37-0.25-0.20.01-0.130.350.240.09-0.39-0.01-0.11-0.360.2-0.39-0.14-0.410.23-0.32-0.13-0.410.11-0.24
0.32-0.360.02-0.50.690.010.080.03-0.84-0.38-0.540.830.110.190.94-0.180.830.25-0.41-0.330.550.410.73-0.370.62
0.480.710.370.080.15-0.140.650.190.650.81-0.4-0.120.64-0.36-0.220.82-0.120.510.23-0.33-0.350.3-0.50.70.21
0.12-0.420.11-0.450.41-0.04-0.080.02-0.59-0.460.080.37-0.060.140.58-0.180.37-0.44-0.320.55-0.350.480.59-0.410.35
0.42-0.030.49-0.210.540.140.34-0.2-0.210.03-0.270.280.35-0.10.410.080.280.16-0.130.410.30.480.38-0.030.56
0.13-0.65-0.09-0.490.570.39-0.13-0.01-0.86-0.61-0.090.5-0.10.270.6-0.470.5-0.04-0.410.73-0.50.590.38-0.660.43
0.611.00.280.540.12-0.30.740.210.760.93-0.340.060.72-0.34-0.250.750.060.40.11-0.370.7-0.41-0.03-0.660.25
0.90.260.25-0.170.97-0.130.780.32-0.250.3-0.70.680.80.050.540.370.680.49-0.240.620.210.350.560.430.25
Click cells to compare fundamentals

Globus Maritime Account Relationship Matchups

Globus Maritime fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.7M86.4M185.7M225.5M231.4M129.6M
Short Long Term Debt Total38.4M37.1M32.2M44.8M52.4M56.8M
Other Current Liab622K2.2M3.6M5.2M1.8M2.4M
Total Current Liabilities8.7M13.1M12.1M16.9M9.5M9.0M
Total Stockholder Equity9.9M42.1M146.4M170.7M176.0M93.0M
Other Liab26K31K114K148K170.2K137.5K
Property Plant And Equipment Net48.9M62.9M131.7M158.2M148.1M104.1M
Current Deferred Revenue2.0M285K2.0M416K688K619.1K
Net Debt36.1M18.1M(13.0M)(8.0M)(21.8M)(20.7M)
Retained Earnings(135.6M)(153.0M)(138.1M)(113.8M)(108.5M)(103.1M)
Accounts Payable4.7M4.8M1.1M3.5M362K343.9K
Cash2.4M19.0M45.2M52.8M74.2M77.9M
Non Current Assets Total50.2M64.2M135.7M163.1M152.1M106.6M
Long Term Debt36.6M30.9M26.4M37.5M45.8M38.8M
Cash And Short Term Investments2.4M19.0M45.2M52.8M74.2M77.9M
Net Receivables240K153K1.0M109K1.2M1.2M
Common Stock Total Equity126K13K21K12K10.8K10.3K
Common Stock Shares Outstanding41.7K959.2K14.8M20.6M23.7M24.9M
Liabilities And Stockholders Equity55.7M86.4M185.7M225.5M231.4M129.6M
Non Current Liabilities Total37.0M31.3M27.1M37.9M45.9M45.0M
Inventory1.5M1.2M852K3.0M1.3M954.4K
Other Current Assets153K1.8M2.9M6.4M2.7M2.6M
Other Stockholder Equity243.0M145.5M195.1M284.4M327.1M171.9M
Total Liab45.8M44.3M39.2M54.8M55.4M61.9M
Property Plant And Equipment Gross48.9M62.9M250.7M287.0M245.0M166.9M
Total Current Assets5.5M22.3M49.9M62.3M79.3M83.3M
Short Term Debt1.4M5.9M5.4M7.4M6.7M6.4M
Common Stock13K21K12K82K94.3K49.4K
Property Plant Equipment48.9M62.9M131.7M130.0M117.0M101.3M
Net Tangible Assets9.9M42.1M146.4M170.7M196.3M206.1M
Short Long Term Debt1.2M5.7M4.9M6.8M6.5M6.2M
Net Invested Capital47.6M78.6M177.7M215.0M228.2M143.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.