Globus Maritime (GLBS) Amortization (2010 - 2024)
Globus Maritime (GLBS) reported Amortization of $76.6 million for Q2 2024, down 3.42% quarter-over-quarter from $79.3 million in Q4 2023.
Globus Maritime (GLBS) Amortization (2010 - 2024) Analysis & Trends
Globus Maritime has reported Amortization for 14 years, with the latest figure at $76.6 million in Q2 2024.
- For the quarter ending Q2 2024, Amortization changed N/A year-over-year to $76.6 million; the trailing twelve-month figure through Jun 2024 stood at $76.6 million (changed N/A YoY), and the FY2023 full-year result was $79.3 million, up 27.23% from the prior year.
- Amortization for Q2 2024 stood at $76.6 million, down from $79.3 million in the prior quarter.
- The five-year high for Amortization was $107.7 million in Q3 2021, with the low at $44.3 million in Q3 2020.
- Historically, Amortization has averaged $66.2 million across 5 years, with a median of $66.1 million in 2020.
- Annual changes were most pronounced in 2021 — Amortization surged 142.8% — and 2023, when it gained 27.23%.
- Globus Maritime's Amortization stood at $64.2 million in 2020, then surged by 67.81% to $107.7 million in 2021, then slumped by 42.11% to $62.3 million in 2022, then advanced by 27.23% to $79.3 million in 2023, then decreased by 3.42% to $76.6 million in 2024.
- The last three Amortization figures came in at $76.6 million (Q2 2024), $79.3 million (Q4 2023), and $68.1 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | - |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 192.58 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | - |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 279.70 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Globus Maritime | 179,739.99 | -26.19 Mn | 14.19 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 76.58 Mn |
| Jun 30, 2024 | 76.58 Mn |
| Dec 31, 2023 | 79.30 Mn |
| Dec 31, 2023 | 79.30 Mn |
| Mar 31, 2023 | 68.09 Mn |
| Mar 31, 2023 | 68.09 Mn |
| Dec 31, 2022 | 62.33 Mn |
| Dec 31, 2022 | 62.33 Mn |
| Sep 30, 2021 | 107.66 Mn |
| Sep 30, 2021 | 107.66 Mn |
| Mar 31, 2021 | 68.31 Mn |
| Mar 31, 2021 | 68.31 Mn |
| Dec 31, 2020 | 64.16 Mn |
| Dec 31, 2020 | 64.16 Mn |
| Sep 30, 2020 | 44.34 Mn |
| Sep 30, 2020 | 44.34 Mn |
| Jun 30, 2020 | 45.02 Mn |
| Jun 30, 2020 | 45.02 Mn |
| Mar 31, 2020 | 45.92 Mn |
| Mar 31, 2020 | 45.92 Mn |