Globus Net Working Capital from 2010 to 2024

GLBS Stock  USD 2.18  0.19  9.55%   
Globus Maritime Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, Globus Maritime Net Working Capital quarterly data regression had r-value of  0.88 and coefficient of variation of (440.41). View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
69.8 M
Current Value
73.3 M
Quarterly Volatility
45.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Maritime's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 2.6 M or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0011 or PTB Ratio of 0.29. Globus financial statements analysis is a perfect complement when working with Globus Maritime Valuation or Volatility modules.
  
Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Latest Globus Maritime's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Globus Maritime over the last few years. It is Globus Maritime's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Maritime's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Globus Net Working Capital Regression Statistics

Arithmetic Mean(10,313,350)
Geometric Mean34,777,849
Coefficient Of Variation(440.41)
Mean Deviation39,223,447
Median(43,323,000)
Standard Deviation45,421,468
Sample Variance2063.1T
Range116.6M
R-Value0.88
Mean Square Error499.3T
R-Squared0.78
Significance0.000015
Slope8,942,676
Total Sum of Squares28883.5T

Globus Net Working Capital History

202473.3 M
202369.8 M
202245.4 M
202137.8 M
20209.2 M
2019-3.2 M
2018-40.4 M

About Globus Maritime Financial Statements

Globus Maritime shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may analyze each financial statement separately, they are all interrelated. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globus Maritime's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital69.8 M73.3 M

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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.