Globus Ev To Sales vs Roic Analysis

GLBS Stock  USD 1.60  0.15  10.34%   
Globus Maritime financial indicator trend analysis is much more than just examining Globus Maritime latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globus Maritime is a good investment. Please check the relationship between Globus Maritime Ev To Sales and its Roic accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Ev To Sales vs Roic

Ev To Sales vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globus Maritime Ev To Sales account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Globus Maritime's Ev To Sales and Roic is -0.13. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Roic in the same time period over historical financial statements of Globus Maritime, assuming nothing else is changed. The correlation between historical values of Globus Maritime's Ev To Sales and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Globus Maritime are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Ev To Sales i.e., Globus Maritime's Ev To Sales and Roic go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Globus Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globus Maritime current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.At this time, Globus Maritime's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.1 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M2.3M4.3M2.6M
Depreciation And Amortization6.7M10.2M8.9M7.0M

Globus Maritime fundamental ratios Correlations

0.620.260.080.86-0.210.940.340.10.62-0.680.590.95-0.070.320.620.590.54-0.130.320.480.120.420.130.610.9
0.620.250.540.14-0.310.750.20.750.93-0.370.070.73-0.3-0.240.750.070.430.11-0.360.71-0.42-0.03-0.651.00.26
0.260.25-0.170.14-0.170.250.130.210.15-0.32-0.010.25-0.820.00.44-0.010.03-0.010.020.370.110.49-0.090.280.25
0.080.54-0.17-0.260.070.17-0.280.550.480.29-0.180.160.03-0.42-0.05-0.18-0.060.37-0.50.08-0.45-0.21-0.490.54-0.17
0.860.140.14-0.26-0.070.70.29-0.390.19-0.670.750.720.140.620.30.750.46-0.250.690.150.410.540.570.120.97
-0.21-0.31-0.170.07-0.07-0.2-0.32-0.17-0.150.42-0.12-0.20.160.01-0.49-0.12-0.03-0.20.01-0.14-0.040.140.39-0.3-0.13
0.940.750.250.170.7-0.20.310.370.82-0.620.341.0-0.10.10.730.340.60.010.080.65-0.080.34-0.130.740.78
0.340.20.13-0.280.29-0.320.310.040.17-0.440.180.32-0.22-0.110.440.180.28-0.130.030.190.02-0.2-0.010.210.32
0.10.750.210.55-0.39-0.170.370.040.770.12-0.60.34-0.34-0.730.54-0.60.120.35-0.840.65-0.59-0.21-0.860.76-0.25
0.620.930.150.480.19-0.150.820.170.77-0.34-0.030.8-0.17-0.260.76-0.030.50.24-0.380.81-0.460.03-0.610.930.3
-0.68-0.37-0.320.29-0.670.42-0.62-0.440.12-0.34-0.63-0.630.24-0.48-0.56-0.63-0.790.09-0.54-0.40.08-0.27-0.09-0.34-0.7
0.590.07-0.01-0.180.75-0.120.340.18-0.6-0.03-0.630.360.160.820.081.00.34-0.390.83-0.120.370.280.50.060.68
0.950.730.250.160.72-0.21.00.320.340.8-0.630.36-0.090.130.720.360.6-0.010.110.64-0.060.35-0.10.720.8
-0.07-0.3-0.820.030.140.16-0.1-0.22-0.34-0.170.240.16-0.090.16-0.430.16-0.05-0.110.19-0.360.14-0.10.27-0.340.05
0.32-0.240.0-0.420.620.010.1-0.11-0.73-0.26-0.480.820.130.16-0.10.820.21-0.360.94-0.220.580.410.6-0.250.54
0.620.750.44-0.050.3-0.490.730.440.540.76-0.560.080.72-0.43-0.10.080.390.2-0.180.82-0.180.08-0.470.750.37
0.590.07-0.01-0.180.75-0.120.340.18-0.6-0.03-0.631.00.360.160.820.080.34-0.390.83-0.120.370.280.50.060.68
0.540.430.03-0.060.46-0.030.60.280.120.5-0.790.340.6-0.050.210.390.34-0.140.250.51-0.440.16-0.040.40.49
-0.130.11-0.010.37-0.25-0.20.01-0.130.350.240.09-0.39-0.01-0.11-0.360.2-0.39-0.14-0.410.23-0.32-0.13-0.410.11-0.24
0.32-0.360.02-0.50.690.010.080.03-0.84-0.38-0.540.830.110.190.94-0.180.830.25-0.41-0.330.550.410.73-0.370.62
0.480.710.370.080.15-0.140.650.190.650.81-0.4-0.120.64-0.36-0.220.82-0.120.510.23-0.33-0.350.3-0.50.70.21
0.12-0.420.11-0.450.41-0.04-0.080.02-0.59-0.460.080.37-0.060.140.58-0.180.37-0.44-0.320.55-0.350.480.59-0.410.35
0.42-0.030.49-0.210.540.140.34-0.2-0.210.03-0.270.280.35-0.10.410.080.280.16-0.130.410.30.480.38-0.030.56
0.13-0.65-0.09-0.490.570.39-0.13-0.01-0.86-0.61-0.090.5-0.10.270.6-0.470.5-0.04-0.410.73-0.50.590.38-0.660.43
0.611.00.280.540.12-0.30.740.210.760.93-0.340.060.72-0.34-0.250.750.060.40.11-0.370.7-0.41-0.03-0.660.25
0.90.260.25-0.170.97-0.130.780.32-0.250.3-0.70.680.80.050.540.370.680.49-0.240.620.210.350.560.430.25
Click cells to compare fundamentals

Globus Maritime Account Relationship Matchups

Globus Maritime fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.7M86.4M185.7M225.5M231.4M129.6M
Short Long Term Debt Total38.4M37.1M32.2M44.8M52.4M56.8M
Other Current Liab622K2.2M3.6M5.2M1.8M2.4M
Total Current Liabilities8.7M13.1M12.1M16.9M9.5M9.0M
Total Stockholder Equity9.9M42.1M146.4M170.7M176.0M93.0M
Other Liab26K31K114K148K170.2K137.5K
Property Plant And Equipment Net48.9M62.9M131.7M158.2M148.1M104.1M
Current Deferred Revenue2.0M285K2.0M416K688K619.1K
Net Debt36.1M18.1M(13.0M)(8.0M)(21.8M)(20.7M)
Retained Earnings(135.6M)(153.0M)(138.1M)(113.8M)(108.5M)(103.1M)
Accounts Payable4.7M4.8M1.1M3.5M362K343.9K
Cash2.4M19.0M45.2M52.8M74.2M77.9M
Non Current Assets Total50.2M64.2M135.7M163.1M152.1M106.6M
Long Term Debt36.6M30.9M26.4M37.5M45.8M38.8M
Cash And Short Term Investments2.4M19.0M45.2M52.8M74.2M77.9M
Net Receivables240K153K1.0M109K1.2M1.2M
Common Stock Total Equity126K13K21K12K10.8K10.3K
Common Stock Shares Outstanding41.7K959.2K14.8M20.6M23.7M24.9M
Liabilities And Stockholders Equity55.7M86.4M185.7M225.5M231.4M129.6M
Non Current Liabilities Total37.0M31.3M27.1M37.9M45.9M45.0M
Inventory1.5M1.2M852K3.0M1.3M954.4K
Other Current Assets153K1.8M2.9M6.4M2.7M2.6M
Other Stockholder Equity243.0M145.5M195.1M284.4M327.1M171.9M
Total Liab45.8M44.3M39.2M54.8M55.4M61.9M
Property Plant And Equipment Gross48.9M62.9M250.7M287.0M245.0M166.9M
Total Current Assets5.5M22.3M49.9M62.3M79.3M83.3M
Short Term Debt1.4M5.9M5.4M7.4M6.7M6.4M
Common Stock13K21K12K82K94.3K49.4K
Property Plant Equipment48.9M62.9M131.7M130.0M117.0M101.3M
Net Tangible Assets9.9M42.1M146.4M170.7M196.3M206.1M
Short Long Term Debt1.2M5.7M4.9M6.8M6.5M6.2M
Net Invested Capital47.6M78.6M177.7M215.0M228.2M143.1M

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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.