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
DateValue
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