Globus Maritime Balance Sheet - Annual (NASDAQ:GLBS)

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$0.89 $0.04 (4.3%) GLBS stock closing price Mar 22, 2018 (Closing)

The Globus Maritime balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Globus Maritime stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing Globus Maritime revenue Globus Maritime operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Globus Maritime balance sheet for 2016 shows cash on hand of $-. The company has a debt to equity ratio of 0.95.

View latest 10 year balance sheet data to check Globus Maritime financial performance.
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Marketable Securities---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets1.01M1.05M2.53M3.22M2.84M2.22M-1.48M1.63M
Total Current Assets
Property Plant & Equipment---------
Accumulated Depreciation---------
Net Property Plant & Equipment
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges---------
Deposits & Other Assets---11.37M8.88M--33.04M-
Total Assets
Notes Payable-------1.23M1.37M
Accounts Payable4.75M4.01M2.6M2.09M1.72M--1.15M2.21M
Current Portion Long-Term Debt23.55M63.64M44.14M12.32M20.07M5.29M-33.9M77.27M
Current Portion Capital Leases---------
Accrued Expenses2.6M1.8M1.38M1.41M1.09M1.2M-1.09M-
Income Taxes Payable---------
Other Current Liabilities----2.12M3M--1.35M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt42.02M14.6M40.24M78.88M85.44M105.51M-36.17M79.7M
Non-Current Capital Leases---------
Other Long-Term Liabilities------85.38M--
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net------117.78M--
Capital Surplus110M109.92M109.86M109.8M109.75M109.22M-88.51M87.6M
Retained Earnings-89.25M-79.42M-46.58M-49.5M-54.61M30.75M-24.91M34.15M
Treasury Stock---------
Other Liabilities---------
Shareholders Equity20.76M30.53M63.31M60.34M55.18M140.01M117.78M113.45M121.78M
Total Liabilities & Shareholders Equity93.99M114.83M152.06M155.66M165.72M256.05M218.45M187.57M284.44M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Globus Maritime historical stock prices and the current Globus Maritime stock price can tell you how the stock price has moved, whereas the Globus Maritime PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Globus Maritime owns and has monetary significance. GLBS assets decreased from $114.83M in 2015 to $93.99M in 2016. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. GLBS stock had total liabilities of $73.23M for the year 2016.

Globus Maritime Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio