Globus Maritime (GLBS) Debt Ratio (2009 - 2026)
Globus Maritime's (GLBS) quarterly Debt Ratio came in at 0.19 in Q2 2026, down 21.8% on a YoY basis from 0.24 in Q2 2025, and down 3.65% quarter-over-quarter from 0.19 in Q1 2026.
Analysis
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 Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 21.8% year-over-year to 0.19; the trailing twelve-month figure through Jun 2026 stood at 0.19 (down 21.8% YoY), and the FY2025 full-year result was 0.2, down 17.88% from the prior year.
- Debt Ratio eased to 0.19 in Q2 2026 per GLBS's latest filing, from 0.19 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.27 in Q2 2024 and bottomed at 0.14 in Q2 2022.
- Historically, Debt Ratio has averaged 0.21 across 5 years, with a median of 0.2 in 2025.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio slumped 38.79% in 2022, then soared 57.13% in 2024.
- Over 5 years, Debt Ratio stood at 0.2 in 2022, then climbed by 0.58% to 0.2 in 2023, then gained by 23.31% to 0.24 in 2024, then decreased by 17.88% to 0.2 in 2025, then fell by 6.68% to 0.19 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.19, 0.19, and 0.2 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.42 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 0.17 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 0.08 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.23 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.31 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.16 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.28 |
| 10 | Globus Maritime | 73.62 Mn | 43.85 Mn | 9.87 Mn | 0.19 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| 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 | 0.20 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.20 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.15 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.19 |