Globus Maritime (GLBS) Debt Ratio (2009 - 2026)

Globus Maritime (GLBS) posted quarterly Debt Ratio of 0.19 for Q1 2026, down 18.72% year-on-year from 0.24 in Q1 2025, and down 3.13% on a QoQ basis from 0.2 in Q4 2025.

Globus Maritime (GLBS) Debt Ratio (2009 - 2026) Analysis & Trends

Globus Maritime (GLBS) has reported Debt Ratio for 18 consecutive years, with 0.19 the latest figure, recorded in Q1 2026.

  • Quarterly Debt Ratio fell 18.72% year-over-year to 0.19 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.19 (down 18.72% YoY) and the FY2025 annual result came in at 0.2, down 17.88% from the prior year.
  • Debt Ratio retreated to 0.19 in Q1 2026 per GLBS's latest filing, from 0.2 in the prior quarter.
  • Over the last five years, Debt Ratio for GLBS reached as high as 0.27 in Q2 2024 and fell as low as 0.14 in Q2 2022.
  • A 5-year average of 0.21 and a median of 0.22 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio plunged 38.79% — and 2024, when it soared 57.13%.
  • Year by year, Debt Ratio stood at 0.27 in 2022, then dropped by 15.67% to 0.23 in 2023, then gained by 7.97% to 0.24 in 2024, then slipped by 17.88% to 0.2 in 2025, then decreased by 3.13% to 0.19 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.19, 0.2, and 0.2 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 0.20
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 0.70
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 0.61
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 0.19
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 0.15
7 Matson 6.26 Bn 6.16 Bn - 0.07
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 0.29
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - 0.35
10 Star Bulk Carriers 3.12 Bn 2.63 Bn 493.84 Mn 0.28

Historic Data

Download Data
DateValue
Mar 31, 2026 0.19
Dec 31, 2025 0.20
Sep 30, 2025 0.20
Jun 30, 2025 0.24
Mar 31, 2025 0.24
Dec 31, 2024 0.24
Sep 30, 2024 0.24
Jun 30, 2024 0.27
Mar 31, 2024 0.22
Dec 31, 2023 0.23
Sep 30, 2023 0.23
Jun 30, 2023 0.17
Mar 31, 2023 0.19
Dec 31, 2022 0.27
Sep 30, 2022 0.20
Jun 30, 2022 0.14
Mar 31, 2022 0.15
Dec 31, 2021 0.22
Sep 30, 2021 0.19
Jun 30, 2021 0.20