Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Globus Maritime Limited (GLBS) had Return on Tangible Equity of -0.99% for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$44.21M
Net Income	$-1.75M
Cost of Goods Sold	$20.45M
Gross Profit	$23.75M
Operating Expenses	$41.83M
Operating Income	$2.38M
Non-Operating Income/Expense	$-4.12M
Pre-Tax Income	$-1.75M
Normalized Pre-Tax Income	$-3.88M
Income after Taxes	$-1.75M
Income from Continuous Operations	$-1.75M
Consolidated Net Income/Loss	$-1.75M
Normalized Income after Taxes	$-3.88M
EBIT	$2.38M
EBITDA	$16.90M
Weighted-Average Shares Outstanding (Basic)	20.68M
Weighted-Average Shares Outstanding (Diluted)	20.68M
Earnings per Share (EPS) (Basic)	$-0.08
Earnings per Share (EPS) (Diluted)	$-0.08
Balance Sheet Financials
Current Assets	$30.97M
Property, Plant, and Equipment	$233.27M
Long-Term Assets	$257.85M
Total Assets	$288.82M
Current Liabilities	$11.31M
Long-Term Debt	$101.26M
Long-Term Liabilities	$101.52M
Total Liabilities	$112.83M
Common Equity	$175.99M
Tangible Shareholders Equity	$175.99M
Shareholders Equity	$175.99M
Common Shares Outstanding	21.58M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$11.37M
Cash Flow from Investing Activities	$-16.96M
Cash Flow from Financial Activities	$-14.99M
Beginning Cash	$46.84M
End Cash	$26.25M
Increase/Decrease in Cash	$-20.58M
Stock-Based Compensation	$1.34M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.74
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.37
Debt to Equity Ratio	0.62
Gross Margin	53.73%
Operating Margin	5.38%
EBIT Margin	5.38%
EBITDA Margin	38.24%
Pre-Tax Profit Margin	-3.95%
Profit Margin	-3.95%
Free Cash Flow	$11.88M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.15
Inventory Turnover	9.23
Receiveable Turnover	67.59
Days Sales in Receivables	5.40
Return on Equity	-0.99%
Return on Tangible Equity	-0.99%
Return on Assets	-0.60%
Return on Investments	-0.63%
Book Value Per Share	$8.15
Free Cash Flow per Share	$0.57
Operating Cash Flow per Share	$0.55

Data from Zacks Investment Research, Inc.