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Globe InternationalASX:GLB 67 Debt-to-Equity is 0.23 as of Dec. 2025, which is at its 10-year median of 0.23. GuruFocus rates ASX:GLB with a GF Score™ of 67/100 and a GF Value™ of A$2.63 (Fairly Valued). The stock has 3 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Globe International ranks better than 65.52% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Globe International's Debt-to-Equity or its related term are showing as below:
ASX:GLB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 0.44
Current: 0.23
During the past 13 years, the highest Debt-to-Equity Ratio of Globe International was 0.44. The lowest was 0.04. And the median was 0.23.
ASX:GLB's Debt-to-Equity is ranked better than 65.52% of 931
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43
vs ASX:GLB: 0.23
Globe International (ASX:GLB) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Globe International Debt-to-Equity Related Terms
Globe International Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Globe International's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:GLB vs RL, LEVI, VFC: Debt-to-Equity Comparison
For the Apparel Manufacturing subindustry, Globe International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Globe International Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe International's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Globe International's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Globe International (ASX:GLB) has a Debt-to-Equity of 0.23 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Globe International and its competitors. This is near median its historical median of 0.23. Over the past decade, Globe International's Debt-to-Equity has ranged from 0.04 to 0.44. According to the industry distribution chart, Globe International ranks #321 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 34.5%.
Is Globe International's Debt-to-Equity too high?
Globe International's current Debt-to-Equity of 0.23 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.44. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.43. Globe International's value of 0.23 is 46.5% below this industry median. Based on the distribution chart, Globe International ranks #321 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Globe International has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe International's Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe International ranks #321 out of 931 companies for Debt-to-Equity. This puts Globe International in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Globe International's value of 0.23 is 46.5% below this benchmark. Historically, Globe International's own Debt-to-Equity has ranged from 0.04 to 0.44 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.43, Globe International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe International's current Debt-to-Equity of 0.23 is 46.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Globe International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe International's current Debt-to-Equity is 0.23, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe International stock overvalued right now?
Based on GuruFocus' analysis, Globe International (ASX:GLB) is currently considered Fairly Valued. The stock's GF Value™ is A$2.63, compared to a current price of A$2.39 — trading 9.1% below its estimated fair value. The current Debt-to-Equity is 0.23, which is near median its 10-year median of 0.23 and 46.5% below the Manufacturing - Apparel & Accessories industry median of 0.43. Globe International's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Globe International (ASX:GLB), the current Debt-to-Equity is 0.23 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Globe International (ASX:GLB) Overvalued in 2026?
Based on GuruFocus' analysis, Globe International stock appears to be undervalued.
The current stock price of A$2.39 is trading 9.1% below its estimated GF Value™ of A$2.63.
GuruFocus considers Globe International to be Fairly Valued.
Key valuation signals for ASX:GLB:
Debt-to-Equity: 0.23 (near median its 10-year median of 0.23)
GF Value™: A$2.63 vs. price of A$2.39 (9.1% below fair value)
Industry Position: 46.5% below the Manufacturing - Apparel & Accessories median (#321 of 931)
No single metric tells the full story. See the ASX:GLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe International Ltd is an Australia-based company that operates in the apparel business. The company is engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.
67GF Score
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