Globus Maritime (GLBS) Asset Utilization Ratio (2011 - 2026)

Globus Maritime (GLBS) posted quarterly Asset Utilization Ratio of 105.91 for Q1 2026, down 92.58% year-on-year from 1427.82 in Q1 2025, and down 38.85% on a QoQ basis from 76.28 in Q4 2025.

Globus Maritime (GLBS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Globus Maritime (GLBS) has reported Asset Utilization Ratio for 15 consecutive years, with 105.91 the latest figure, recorded in Q1 2026.

  • Quarterly Asset Utilization Ratio fell 92.58% year-over-year to 105.91 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 105.91 (down 92.58% YoY) and the FY2025 annual result came in at 0.14, up 14.84% from the prior year.
  • Asset Utilization Ratio eased to 105.91 in Q1 2026 per GLBS's latest filing, from 76.28 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for GLBS reached as high as 96.96 in Q1 2022 and fell as low as 241.75 in Q2 2023.
  • A 5-year average of 77.06 and a median of 66.73 in 2024 frame the typical range for Asset Utilization Ratio.
  • The largest YoY upside for Asset Utilization Ratio was 70187.77% in 2022 against a maximum downside of 64298.86% in 2022.
  • Year by year, Asset Utilization Ratio stood at 154.81 in 2022, then soared by 33.23% to 103.37 in 2023, then jumped by 40.7% to 61.3 in 2024, then dropped by 24.44% to 76.28 in 2025, then plunged by 38.85% to 105.91 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 105.91, 76.28, and 58.43 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 ZIM Integrated Shipping Services 2,961,932.37 Bn 2,961,931.45 Bn 57.20 Mn 0.58
2 Danaos 2,533.28 Bn 2,532.41 Bn 203.71 Mn 0.20
3 Sfl 1,571.35 Bn 1,571.20 Bn 66.27 Mn 0.19
4 Capital Clean Energy Carriers 1,398.00 Bn 1,397.46 Bn 95.52 Mn 0.10
5 Globus Maritime 60.18 Bn 60.15 Bn 8,083.00 -105.91
6 Kirby 8.03 Bn 7.95 Bn 291.34 Mn 0.56
7 Matson 6.28 Bn 6.18 Bn - 0.72
8 Intercont (Cayman) 3.95 Bn 3.95 Bn - -
9 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 0.27
10 Star Bulk Carriers 3.12 Bn 2.63 Bn 493.84 Mn 0.27

Historic Data

Download Data
DateValue
Mar 31, 2026 -105.91
Dec 31, 2025 -76.28
Sep 30, 2025 -58.43
Jun 30, 2025 -56.02
Mar 31, 2025 -55.00
Dec 31, 2024 -61.30
Sep 30, 2024 -60.93
Jun 30, 2024 -66.73
Mar 31, 2024 -70.32
Dec 31, 2023 -103.37
Sep 30, 2023 -236.57
Jun 30, 2023 -241.75
Mar 31, 2023 -237.32
Dec 31, 2022 -154.81
Sep 30, 2022 85.66
Jun 30, 2022 92.05
Mar 31, 2022 96.96
Dec 31, 2021 0.24
Sep 30, 2021 0.17
Jun 30, 2021 0.13