GLBS (Globus Maritime) Effective Interest Rate on Debt %: 6.51% (As of Dec. 2025)


GLBS Globus Maritime Ltd GLBS
44 GF Score
Price $2.80
GF Value $1.92
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Globus Maritime Effective Interest Rate on Debt %?

Globus Maritime GLBS -11.39% 44 Effective Interest Rate on Debt % is 6.51% as of Dec. 2025. GuruFocus rates GLBS with a GF Score™ of 44/100 and a GF Value™ of $1.92 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Globus Maritime's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was $7.15 Mil. Globus Maritime's average total debt for the quarter that ended in Dec. 2025 was $109.83 Mil. Therefore, Globus Maritime's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 6.51%.


Globus Maritime  (NAS:GLBS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Globus Maritime Effective Interest Rate on Debt % Related Terms


Globus Maritime Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Globus Maritime's Effective Interest Rate on Debt % 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.

Globus Maritime Effective Interest Rate on Debt % Chart

Globus Maritime Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 5.87 8.63 6.33 6.36

Globus Maritime Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.46 5.37 6.23 6.67 6.51

GLBS vs EDRY, HMR, HTCO: Effective Interest Rate on Debt % Comparison

For the Marine Shipping subindustry, Globus Maritime's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.


Globus Maritime Effective Interest Rate on Debt % vs Transportation Industry

For the Transportation industry and Industrials sector, Globus Maritime's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Globus Maritime's Effective Interest Rate on Debt % falls into.


GLBS
44GF Score
Globus Maritime Ltd GLBS
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globus Maritime Effective Interest Rate on Debt % Calculation

Globus Maritime's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -7.861/( (137.953+109.245)/ 2 )
=-1  *  -7.861/123.599
=6.36 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.815 + 28.138
=137.953

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=101.263 + 7.982
=109.245

Globus Maritime's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -7.148/( (110.415+109.245)/ 2 )
=-1  *  -7.148/109.83
=6.51 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102.057 + 8.358
=110.415

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=101.263 + 7.982
=109.245

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.51% mean?
Globus Maritime (GLBS) has a Effective Interest Rate on Debt % of 6.51% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Globus Maritime and its competitors.
Is Globus Maritime's Effective Interest Rate on Debt % too high?
Globus Maritime's current Effective Interest Rate on Debt % is 6.51%. Overall, Globus Maritime has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globus Maritime's Effective Interest Rate on Debt % compare to EDRY and HMR?
Globus Maritime's Effective Interest Rate on Debt % of 6.51% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Transportation company?
A good Effective Interest Rate on Debt % depends on the Transportation industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Globus Maritime and its competitors. Globus Maritime's current Effective Interest Rate on Debt % is 6.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globus Maritime stock overvalued right now?
Based on GuruFocus' analysis, Globus Maritime (GLBS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.92, compared to a current price of $2.80 — trading 45.8% above its estimated fair value. The current Effective Interest Rate on Debt % is 6.51%. Globus Maritime's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Globus Maritime (GLBS), the current Effective Interest Rate on Debt % is 6.51% 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 Globus Maritime (GLBS) Overvalued in 2026?

Based on GuruFocus' analysis, Globus Maritime stock appears to be overvalued. The current stock price of $2.80 is trading 45.8% above its estimated GF Value™ of $1.92. GuruFocus considers Globus Maritime to be Significantly Overvalued.

Key valuation signals for GLBS:

  • Effective Interest Rate on Debt %: 6.51%
  • GF Value™: $1.92 vs. price of $2.80 (45.8% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the GLBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globus Maritime Business Description

Other Exchanges 0G93:Germany
Address 128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Attica, Athens, GRC, 16674
Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.
44GF Score

Get the complete analysis for GLBS

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.80
Price
$1.92
GF Value