Globus Maritime (GLBS) Asset Writedowns and Impairment (2013 - 2024)

Globus Maritime (GLBS) has reported Asset Writedowns and Impairment for 6 consecutive years, with $1.9 million the latest figure, recorded in Q4 2024.

• Quarterly Asset Writedowns and Impairment fell 57.02% year-over-year to $1.9 million in Q4 2024, while the trailing twelve-month figure through Sep 2024 was -$1.9 million (down 100.04% YoY) and the FY2024 annual result came in at $1.9 million, down 57.02% from the prior year.
• Asset Writedowns and Impairment rose to $1.9 million in Q4 2024 per GLBS's latest filing, from -$1.9 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for GLBS reached as high as $4.4 billion in Q1 2023 and fell as low as -$4.4 million in Q3 2023.
• A 3-year average of $734.1 million and a median of $3.1 million in 2023 frame the typical range for Asset Writedowns and Impairment.
• The largest YoY upside for Asset Writedowns and Impairment was 57.02% in 2024 against a maximum downside of 57.02% in 2024.
• Year by year, Asset Writedowns and Impairment stood at $4.6 million in 2020, then declined by 4.75% to $4.4 million in 2023, then plunged by 57.02% to $1.9 million in 2024.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.9 million, -$1.9 million, and $4.4 million for Q4 2024, Q3 2024, and Q4 2023 respectively.