Globus Maritime Ltd balance sheet GLBS

Annual Quarterly

As of Dec 31, 2025, Globus Maritime Ltd had total assets of $288.8 million and total liabilities of $112.8 million. Total assets were down 10.0% from a year earlier. Stockholders' equity was $176.0 million. It held $26.3 million in cash and investments against $57.8 million of total debt, net debt of $31.6 million. The current ratio, current assets divided by current liabilities, was 2.74.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
Assets
Cash
26
-43.9%
47
-36.9%
74
+40.4%
53
+16.9%
45
+137.5%
19
+704.6%
2
+5043.5%
0
-98.3%
3
Cash and investments
26
-43.9%
47
-36.9%
74
+40.4%
53
+16.9%
45
+137.5%
19
+704.6%
2
+5043.5%
0
-98.3%
3
Receivables
1
-41.3%
1
-3.2%
1
+956.0%
0
-89.1%
1
+555.6%
0
-36.2%
0
-58.4%
1
+226.0%
0
Inventory
2
+80.8%
1
-2.4%
1
-58.5%
3
+255.4%
1
-31.7%
1
-19.2%
2
+137.7%
1
-1.7%
1
Total current assets
31
-41.6%
53
-33.1%
79
+27.2%
62
+24.8%
50
+124.1%
22
+305.9%
5
+96.5%
3
-33.9%
4
Total assets
289
-10.0%
321
+38.7%
231
+2.6%
225
+21.4%
186
+114.8%
86
+55.3%
56
-35.8%
87
-5.4%
92
Liabilities and equity
Accounts payable
2
-45.2%
4
+891.4%
0
-89.8%
4
+222.5%
1
-76.9%
5
+0.5%
5
-26.4%
6
+51.1%
4
Total current liabilities
11
-67.3%
35
+264.0%
10
-43.8%
17
+39.4%
12
-7.2%
13
+49.6%
9
-79.8%
43
-9.1%
48
Total liabilities
113
-22.0%
145
+160.8%
55
+1.2%
55
+39.6%
39
-11.5%
44
-3.1%
46
+0.3%
46
-4.2%
48
Stockholders' equity
176
-0.2%
176
+0.2%
176
+3.1%
171
+16.6%
146
+247.8%
42
+326.1%
10
-75.9%
41
-6.6%
44
Debt
Debt due within a year
6
-12.2%
7
+6.9%
6
-4.5%
7
+34.9%
5
-11.0%
6
+374.1%
1
-96.6%
35
-14.9%
42
Long-term debt
52
-12.7%
59
+29.5%
46
+22.0%
38
+41.9%
26
-14.4%
31
-15.5%
37
+2336.7%
2
0
Lease liabilities
0
-100.0%
1
+359.0%
0
-63.1%
1
-46.5%
1
+49.2%
1
-20.2%
1
—
—
Total debt
58
-13.8%
67
+27.9%
52
+17.0%
45
+38.2%
32
-12.8%
37
-3.5%
39
+4.6%
37
-11.2%
42
Net cash
-32
-56.0%
-20
-193.0%
22
+172.0%
8
-37.4%
13
+170.4%
-18
+49.8%
-36
+1.7%
-37
+5.1%
-39
Ratios
Current ratio
2.74x
1.53x
8.35x
3.69x
4.12x
1.71x
0.63x
0.06x
0.09x
Debt to equity
0.33x
0.38x
0.30x
0.26x
0.22x
0.88x
3.90x
0.90x
0.94x
Debt to EBITDA
—
—
—
—
—
—
—
8.58x
24.75x
Return on equity
-0.99%
0.24%
3.00%
14.22%
10.21%
-41.27%
-367.96%
-8.69%
-14.73%
Return on assets
-0.60%
0.13%
2.28%
10.77%
8.05%
-20.10%
-65.31%
-4.12%
-7.07%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Deep Sea Foreign Transportation of Freight (SIC 4412)
Listed as
GLBS (Nasdaq)
Incorporated in
Marshall Islands
Headquarters
Athens Greece, Greece
SEC filer status
Non-accelerated filer
SEC CIK
1499780

Other Deep Sea Foreign Transportation of Freight companies

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.