Globus Maritime Stock Gross Profit

GLBS Stock  USD 1.50  0.19  14.50%   
Globus Maritime fundamentals help investors to digest information that contributes to Globus Maritime's financial success or failures. It also enables traders to predict the movement of Globus Stock. The fundamental analysis module provides a way to measure Globus Maritime's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Globus Maritime stock.
Last ReportedProjected for Next Year
Gross Profit298 K283.1 K
Gross Profit Margin 0.01  0.01 
Gross Profit is likely to drop to about 283.1 K in 2024. Gross Profit Margin is likely to drop to 0.01 in 2024.
  
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Globus Maritime Company Gross Profit Analysis

Globus Maritime's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Globus Maritime Gross Profit

    
  33.72 M  
Most of Globus Maritime's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Globus Maritime is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Globus Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Globus Maritime is extremely important. It helps to project a fair market value of Globus Stock properly, considering its historical fundamentals such as Gross Profit. Since Globus Maritime's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Globus Maritime's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Globus Maritime's interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Globus Maritime reported 33.72 M of gross profit. This is 99.17% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The gross profit for all United States stocks is 99.88% higher than that of the company.

Globus Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globus Maritime's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Globus Maritime could also be used in its relative valuation, which is a method of valuing Globus Maritime by comparing valuation metrics of similar companies.
Globus Maritime is currently under evaluation in gross profit category among its peers.

Globus Fundamentals

About Globus Maritime Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Globus Maritime's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globus Maritime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globus Maritime based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.