Globus Current Ratio from 2010 to 2024

GLBS Stock  USD 1.47  0.01  0.68%   
Globus Maritime Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
8.34606883
Current Value
8.76
Quarterly Volatility
2.89811283
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Maritime's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 2.6 M or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0011 or PTB Ratio of 0.29. Globus financial statements analysis is a perfect complement when working with Globus Maritime Valuation or Volatility modules.
  
Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Latest Globus Maritime's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Globus Maritime over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Globus Maritime's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Maritime's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.34 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Globus Current Ratio Regression Statistics

Arithmetic Mean2.11
Geometric Mean0.71
Coefficient Of Variation137.50
Mean Deviation2.20
Median0.82
Standard Deviation2.90
Sample Variance8.40
Range8.6953
R-Value0.72
Mean Square Error4.36
R-Squared0.52
Significance0
Slope0.47
Total Sum of Squares117.59

Globus Current Ratio History

2024 8.76
2023 8.35
2022 3.69
2021 4.12
2020 1.71
2019 0.63
2018 0.0647

About Globus Maritime Financial Statements

Globus Maritime shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may analyze each financial statement separately, they are all interrelated. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globus Maritime's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 8.35  8.76 

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Additional Tools for Globus Stock Analysis

When running Globus Maritime's price analysis, check to measure Globus Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.