Globe International (ASX:GLB) Interest Coverage: 9.13 (As of Dec. 2025) — 70% Below Median


ASX:GLB Globe International Ltd ASX:GLB
69 GF Score
Price A$2.21
GF Value A$2.64
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Globe International Interest Coverage?

Globe International ASX:GLB -0.45% 69 Interest Coverage is 9.13 as of Dec. 2025, which is 70% below its 10-year median of 30.71. GuruFocus rates ASX:GLB with a GF Score™ of 69/100 and a GF Value™ of A$2.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Globe International ranks better than 76.15% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Globe International's Operating Income for the six months ended in Dec. 2025 was A$4.9 Mil. Globe International's Interest Expense for the six months ended in Dec. 2025 was A$-0.5 Mil. Globe International's interest coverage for the quarter that ended in Dec. 2025 was 9.13. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Globe International's Interest Coverage or its related term are showing as below:

ASX:GLB' s Interest Coverage Range Over the Past 10 Years
Min: 3.43   Med: 30.71   Max: 2881
Current: 24.53


ASX:GLB's Interest Coverage is ranked better than
76.15% of 742 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435 vs ASX:GLB: 24.53

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Globe International  (ASX:GLB) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Globe International Interest Coverage Related Terms


Globe International Interest Coverage Historical Data

* Premium members only.

The historical data trend for Globe International's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Globe International Interest Coverage Chart

Globe International Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,881.00 51.07 3.43 35.64 34.46

Globe International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage 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 13.63 0.00 15.12 0.00 9.13

ASX:GLB vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Globe International's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Globe International's Interest Coverage falls into.


ASX:GLB
69GF Score
Globe International Ltd ASX:GLB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Globe International's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Globe International's Interest Expense was A$-0.4 Mil. Its Operating Income was A$14.1 Mil. And its Long-Term Debt & Capital Lease Obligation was A$16.5 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*14.093/-0.409
=34.46

Globe International's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Globe International's Interest Expense was A$-0.5 Mil. Its Operating Income was A$4.9 Mil. And its Long-Term Debt & Capital Lease Obligation was A$14.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*4.912/-0.538
=9.13

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 9.13 mean?
Globe International (ASX:GLB) has a Interest Coverage of 9.13 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Globe International and its competitors. This is 70% below median its historical median of 30.71. Over the past decade, Globe International's Interest Coverage has ranged from 3.43 to 2,881.00. According to the industry distribution chart, Globe International ranks #177 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.9%.
Is Globe International's Interest Coverage too high?
Globe International's current Interest Coverage of 9.13 is 70% below median its 10-year median of 30.71. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 2,881.00. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Globe International's value of 9.13 is 68% above this industry median. Based on the distribution chart, Globe International ranks #177 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Globe International has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe International's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe International ranks #177 out of 742 companies for Interest Coverage. This places Globe International in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.44. Globe International's value of 9.13 is 68% above this benchmark. Historically, Globe International's own Interest Coverage has ranged from 3.43 to 2,881.00 over the past decade. While the company's 10-year median is 30.71 vs. the industry median of 5.44, Globe International has consistently been above 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 Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 742 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe International's current Interest Coverage of 9.13 is 68% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Globe International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe International's current Interest Coverage is 9.13, which is 70% below median its own 10-year median of 30.71. 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 Modestly Undervalued. The stock's GF Value™ is A$2.64, compared to a current price of A$2.21 — trading 16.3% below its estimated fair value. The current Interest Coverage is 9.13, which is 70% below median its 10-year median of 30.71 and 68% above the Manufacturing - Apparel & Accessories industry median of 5.44. Globe International's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Globe International (ASX:GLB), the current Interest Coverage is 9.13 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$2.21 is trading 16.3% below its estimated GF Value™ of A$2.64. GuruFocus considers Globe International to be Modestly Undervalued.

Key valuation signals for ASX:GLB:

  • Interest Coverage: 9.13 (70% below median its 10-year median of 30.71)
  • GF Value™: A$2.64 vs. price of A$2.21 (16.3% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 68% above the Manufacturing - Apparel & Accessories median (#177 of 742)

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 Business Description

Address 1 Fennell Street, Port Melbourne, Melbourne, VIC, AUS, 3207
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.
69GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.21
Price
A$2.64
GF Value