Globus Interest Expense from 2010 to 2024

GLBS Stock  USD 1.26  0.08  5.97%   
Globus Maritime Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 2.6 M in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2008-12-31
Previous Quarter
1.3 M
Current Value
1.8 M
Quarterly Volatility
937.2 K
 
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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Globus Maritime over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Globus Maritime's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Globus Interest Expense Regression Statistics

Arithmetic Mean3,249,673
Geometric Mean3,038,337
Coefficient Of Variation44.33
Mean Deviation990,528
Median2,669,000
Standard Deviation1,440,430
Sample Variance2.1T
Range5.7M
R-Value(0.31)
Mean Square Error2T
R-Squared0.1
Significance0.26
Slope(100,798)
Total Sum of Squares29T

Globus Interest Expense History

20242.6 M
20234.3 M
20222.3 M
20212.6 M
20204.1 M
2019M
2018M

About Globus Maritime Financial Statements

Globus Maritime shareholders use historical fundamental indicators, such as Interest Expense, 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
Interest Expense4.3 M2.6 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.