Globus Maritime Debt-to-Equity Ratio Growth & History (GLBS)
Globus Maritime's debt-to-equity ratio was 0.33 for fiscal 2025.
View full Globus Maritime company overviewGlobus Maritime annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.33 | −0.05 | −13.59% |
| 2024 | 2024-12-31 | 0.38 | 0.08 | +27.59% |
| 2023 | 2023-12-31 | 0.30 | 0.04 | +13.48% |
| 2022 | 2022-12-31 | 0.26 | 0.04 | +18.57% |
| 2021 | 2021-12-31 | 0.22 | −0.66 | −74.93% |
| 2020 | 2020-12-31 | 0.88 | −3.02 | −77.36% |
| 2019 | 2019-12-31 | 3.90 | 3.00 | +334.44% |
| 2018 | 2018-12-31 | 0.90 | −0.05 | −4.93% |
| 2017 | 2017-12-31 | 0.94 | −2.21 | −70.09% |
| 2016 | 2016-12-31 | 3.16 | — | — |
Globus Maritime quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.59 | 0.23 | +63.98% |
| Q4 2025 | 2025-12-31 | 0.33 | −0.05 | −13.59% |
| Q3 2025 | 2025-09-30 | 0.64 | — | — |
| Q2 2025 | 2025-06-30 | 0.36 | −0.03 | −7.84% |
| Q1 2025 | 2025-03-31 | 0.77 | — | — |
| Q4 2024 | 2024-12-31 | 0.38 | 0.08 | +27.59% |
| Q2 2024 | 2024-06-30 | 0.39 | 0.17 | +76.65% |
| Q4 2023 | 2023-12-31 | 0.30 | 0.04 | +13.48% |
| Q2 2023 | 2023-06-30 | 0.22 | 0.05 | +25.82% |
| Q4 2022 | 2022-12-31 | 0.26 | 0.04 | +18.57% |
| Q2 2022 | 2022-06-30 | 0.17 | −0.09 | −33.22% |
| Q4 2021 | 2021-12-31 | 0.22 | −0.66 | −74.93% |
| Q2 2021 | 2021-06-30 | 0.26 | −1.48 | −84.94% |
| Q4 2020 | 2020-12-31 | 0.88 | −3.02 | −77.36% |
| Q2 2020 | 2020-06-30 | 1.74 | 0.80 | +84.79% |
| Q4 2019 | 2019-12-31 | 3.90 | 3.00 | +334.44% |
| Q2 2019 | 2019-06-30 | 0.94 | 0.01 | +0.73% |
| Q4 2018 | 2018-12-31 | 0.90 | −0.05 | −4.93% |
| Q2 2018 | 2018-06-30 | 0.93 | — | — |
| Q4 2017 | 2017-12-31 | 0.94 | — | — |
Globus Maritime debt-to-equity ratio trends
Over the last five fiscal years, Globus Maritime's debt-to-equity ratio decreased from 0.88 to 0.33, a change of −0.55. The latest reported quarter, Q2 2026, shows 0.59.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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