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| Date | Value |
|---|---|
| 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 |