Globus Maritime Ltd (GLBS) Long-Term Liabilities to Capital

Globus Maritime Ltd - graphic logo of issuer GLBS

Globus Maritime Limited (GLBS) maximizes revenue by balancing the spot market and charters for its Panamax and Supramax vessels. The long-term debt-to-equity ratio demonstrates the impact of this strategy, where the 0.58 level captures the current state of leverage. Fixed contracts ensure revenue stability, although the lack of a unique moat leaves the company dependent on global freight rates and fleet capital intensity.

GLBS Globus Maritime Long-Term Debt to Capital (07/04/2022 - 11/01/2026)
Manufactured product of globusmaritime.gr

Investors utilize this indicator to stress-test business resilience against long-term liabilities. Globus Maritime Limited (GLBS) is expanding its fleet of Panamax and Supramax dry bulk carriers, combining spot contracts with charters. Analyzing the long-term debt-to-equity ratio allows for an assessment of the proportion of borrowed funds relative to equity. This metric measures the company's reliance on loans with maturities exceeding one year, which determines the efficiency of financing fleet expansion without compromising financial stability.

Competing companies

Long-Term Debt to Equity MATX|Long-Term Debt to Equity Hafnia Tankers (HAFN)|CMBT - Long-Term Liabilities to Capital|Long-Term Debt to Capital BWLP (BW LPG Limited)|Long-Term Indebtedness to Equity torm.com|Star Bulk Carriers Corp. - Long-Term Debt to Capital|Ratio of Long-Term Indebtedness to Capital ZIM Integrated Shipping Services Ltd. ZIM|Danaos Shipping (DAC) - Long-Term Debt to Equity|CMRE - Ratio of Long-Term Indebtedness to Capital|Long-Term Debt to Equity Ratio GSL|SFL (sflcorp.com) - Long-Term Loans to Capital Ratio|Long-Term Debt to Equity Ratio TK (Teekay)|ASC (Ardmore Shipping Corp) - Long-Term Debt to Capital Coefficient|Safe Bulkers Corp - Long-Term Debt to Equity Ratio|ESEA - Long-Term Debt to Equity Ratio|Costamare Bulkers Services - Long-Term Debt to Capital|UFG - Long-Term Debt to Capital|DSX (dianashippinginc.com) - Long-Term Debt to Equity Ratio|VNTG: Long-Term Loans to Capital Ratio|SMHI (SEACOR Marine Holdings Inc.) - Long-Term Debt to Capital|Long-Term Liabilities to Capital Seanergy Maritime Holdings Corp SHIP|Long-Term Debt to Equity Toro Corp (TORO)|HTCO (htcointl.com) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital NCT (Intercont)|Long-Term Indebtedness to Equity EuroDry Ltd|PXS - Long-Term Debt to Equity|TOPS: Long-Term Debt to Equity|pshipping.com (PSHG) - Long-Term Debt to Equity|Long-Term Liabilities to Capital Castor Maritime (CTRM)|BANL (CBL International Ltd) - Long-Term Debt to Capital|Long-Term Debt to Equity USEA|Long-Term Debt to Equity Ratio RBNE (Robin Energy Limited)|Long-Term Debt to Capital Tianci International Corporation (CIIT)|Long-Term Debt to Equity PTL Limited PTLE|Ratio of Long-Term Indebtedness to Capital Singularity Future Technology Ltd (SGLY)|CISS: Long-Term Debt to Equity Ratio|Long-Term Debt to Capital Coefficient ICON (Icon Energy Corp.)|heidmar.com (HMR) - Long-Term Debt to Equity|Long-Term Debt to Equity Ratio TMD Energy|CACO (Caravelle International) - Long-Term Debt to Capital|Long-Term Debt to Capital capitalpplp.com|Long-Term Debt to Equity euroseas.gr (ESEAV)