Globus Maritime (GLBS) Debt Ratio (2009 - 2026)
Globus Maritime's Debt Ratio came in at 0.18 for the quarter ended Jun 30, 2026, down 7.7% from 0.20 a year earlier and down 5.1% from the prior quarter.
Globus Maritime (GLBS) Debt Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Globus Maritime's Debt Ratio was 0.19, down 1.8% from the prior year.
- Going back by year, Debt Ratio was 0.19 in the year ended Dec 31, 2024 (-12.7%), 0.22 in the year ended Dec 31, 2023 (+17.0%), 0.19 in the year ended Dec 31, 2022 (+17.3%) and 0.16 in the year ended Dec 31, 2021 (-59.5%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Debt Ratio since the quarter ended Dec 31, 2023.
- Year-over-year, Debt Ratio has declined for six consecutive quarters, with an average decline of 8.1% over the last seven quarters.
- The fastest year-over-year change in Debt Ratio over five years came in the quarter ended Jun 30, 2024 (growth of 53.2%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 85.3%).
- Business Quant data shows GLBS's Debt Ratio at 0.19 (quarter ended Mar 31, 2026), 0.19 (quarter ended Dec 31, 2025) and 0.20 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.43 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.37 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.00 |
| 10 | Globus Maritime | 75.54 Mn | -33.38 Mn | 14.40 Mn | 0.18 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.18 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | -0.02 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.15 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.18 |
Globus Maritime Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GLBS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GLBS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GLBS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();