Globus Maritime LTD key statistics and ratios

In fiscal 2025, Globus Maritime LTD had return on equity of -1.0%, an operating margin of 10.2%, debt equal to 32.9% of equity and a current ratio of 2.74. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Globus Maritime LTD: financial ratios, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Operating margin	−233.6%	−83.1%	−28.9%	−8.3%	−215.4%	−97.2%	41.4%	38.3%	20.1%	9.7%	10.2%
Net margin	−254.8%	−112.9%	−46.6%	−20.6%	−232.7%	−147.8%	34.5%	39.3%	16.9%	1.2%	−4.0%
Free-cash-flow margin	−0.5%	−41.4%	2.8%	22.0%	1.0%	−53.6%	−117.2%	43.6%	−14.3%	−269.0%	25.7%
Return on equity	−106.1%	−38.3%	−20.0%	−8.4%	−142.8%	−66.9%	15.9%	15.3%	3.0%	0.2%	−1.0%
Return on assets	—	−10.5%	−7.0%	−4.0%	−51.1%	−24.5%	11.0%	11.8%	2.3%	0.2%	−0.6%
Asset turnover	—	0.09	0.15	0.19	0.22	0.17	0.32	0.30	0.14	0.13	0.14
Current ratio	—	0.07	0.09	0.06	0.63	1.71	4.12	3.69	8.35	1.53	2.74
Debt to equity	0.0%	315.9%	94.5%	89.8%	382.1%	86.8%	21.5%	26.0%	29.7%	37.5%	32.9%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	n/m	n/m	n/m	9.2x	11.5x	1.6x	0.6x	0.6x
Capital spending as % of revenue	0.0%	0.0%	1.8%	0.1%	0.3%	0.5%	165.0%	0.0%	0.0%	301.4%	0.0%
Free cash flow ÷ net income	—	—	—	—	—	—	−340.1%	110.8%	−84.5%	<−999%	—
Dividends ÷ net income	—	—	—	—	—	—	0.0%	0.0%	—	—	—
Dividends and buybacks ÷ free cash flow	—	—	0.0%	0.0%	0.0%	—	—	0.0%	—	—	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 7 checks passed · December 31, 2025

What it owns · $289m

Short-term assets $31mLonger-term assets $258m

What it owes, and who funded it · $289m

Short-term liabilities $11mLonger-term liabilities $102mShareholders' equity $176m

Short-term assets cover short-term liabilities $31m of assets due within a year against $11m of liabilities due within a year.
Short-term assets cover long-term liabilities $31m short-term assets against $102m of longer-dated liabilities.
More cash than debt $26m of cash against $58m of debt.
Debt below 40% of shareholders' equity Debt is 33% of equity.
Debt burden no higher than five years ago Debt to equity moved from 73% to 33% over five years.
A year's operating cash flow covers at least 20% of debt $11m of operating cash flow against $58m of debt.
Operating profit covers interest at least five times over Operating income of $5m against $8m of interest.

From Globus Maritime LTD's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Globus Maritime LTD's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Globus Maritime LTD.