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