Globus Maritime Cash Flow - Annual (NASDAQ:GLBS)

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

The financial analysis of GLBS requires an investor to check the cash flows for Globus Maritime. While its important to look at the Globus Maritime debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Globus Maritime revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Globus Maritime had cash and cash equivalents of $2M at beginning of the year and $- at year end for 2016. Globus Maritime cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Globus Maritime had an outflow of $-3.6M from operating activities, $1.39M inflow due to financing activities, and $- outflow due to investing activities for 2016.

View details of Globus Maritime cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow6.01M7.14M6.19M6.05M12.01M11.27M7.77M12.71M18.97M
Net Increase (Decrease) in Assets Liabilities-3.17M--0.71M--0.7M-0.38M-0.86M-3.25M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net-0.06M22.01M-0.76M1.34M84.72M2.27M2.79M32.92M14.65M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-5.34M-0.01M-0.05M-0.39M-61.82M-73.07M49.02M36.42M
Acquisition Disposition of Subsidiaires---------
Increase (Decrease) in Investments----1M---10M-10M
Other Cash Inflow (Outflow) from Investment Activities---------2.16M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-----20.04M---
Issuance (Repayment) of Debt Securities2.85M-6M-6.92M-14.42M-5.42M14.7M--87.03M-25.63M
Increase (Decrease) in Bank & Other Borrowings-------15.4M-21.4M
Payment of Dividends & Other Cash Distributions-0.01M-0.5M-0.39M-0.16M-3.01M-5.1M-1.98M--18.48M
Other Cash from (used by) Financing Activities-1.44M-1.86M-2.01M-2.53M-3.24M-3.96M2.93M-2.85M-7.34M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash-------0.03M-0.1M-
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year2M5.08M3.88M9.65M7.3M23.61M53.15M33.94M9.34M
Cash & Equivalents at Year End-2M4.08M3.88M9.65M7.3M23.61M53.15M33.94M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Globus Maritime stock price history provides insight into historical stock price fluctuations, and Globus Maritime stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:

  • Globus Maritime saw a positive change in Net Change in Cash and Cash Equivalents of $-1.84M in 2016. Apart from the Globus Maritime stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a negative value of $-3.6M for GLBS.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $- for GLBS in last 2016 report.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $1.39M for Globus Maritime. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Globus Maritime Cash Flow

FCF margin