| 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 Payout Ratio and its Roe 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.
Payout Ratio vs Roe
Payout Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Globus Maritime Payout Ratio account and
Roe. At this time, the significance of the direction appears to have very week relationship.
The correlation between Globus Maritime's Payout Ratio and Roe is 0.26. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Roe 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 Payout Ratio and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Globus Maritime are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Payout Ratio i.e., Globus Maritime's Payout Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Payout Ratio
Payout Ratio is the proportion of Globus Maritime earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Globus Maritime dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Globus Maritime is paying out more in dividends than it makes in net income.
Roe
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.
Globus Maritime fundamental ratios Correlations
Click cells to compare fundamentals
Globus Maritime Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globus Maritime fundamental ratios Accounts
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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.