Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Globus Maritime's Sloan Ratio for the quarter that ended in Dec. 2025 was 1.33%.
As of Dec. 2025, Globus Maritime has a Sloan Ratio of 1.33%, indicating the company is in the safe zone and there is no funny business with accruals.
Globus Maritime (NAS:GLBS) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Dec. 2025, Globus Maritime has a Sloan Ratio of 1.33%, indicating the company is in the safe zone and there is no funny business with accruals.
Globus Maritime Sloan Ratio % Related Terms
Globus Maritime Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Globus Maritime's Sloan Ratio % 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.
For the Marine Shipping subindustry, Globus Maritime's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % vs Transportation Industry
For the Transportation industry and Industrials sector, Globus Maritime's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Globus Maritime's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Globus Maritime's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Globus Maritime's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -1.482 (Mar. 2025 ) + -1.868 (Jun. 2025 ) + 0.725 (Sep. 2025 ) + 0.878 (Dec. 2025 ) = $-1.75 Mil.
Globus Maritime's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 0.905 (Mar. 2025 ) + 0.264 (Jun. 2025 ) + 3.557 (Sep. 2025 ) + 6.642 (Dec. 2025 ) = $11.37 Mil.
Globus Maritime's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was 8.706 (Mar. 2025 ) + 0.546 (Jun. 2025 ) + -22.552 (Sep. 2025 ) + -3.658 (Dec. 2025 ) = $-16.96 Mil.
* 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 (GLBS) has a Sloan Ratio % of 1.33% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Globus Maritime and its competitors.
Is Globus Maritime's Sloan Ratio % too high?
Globus Maritime's current Sloan Ratio % is 1.33%. Overall, Globus Maritime has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globus Maritime's Sloan Ratio % compare to EDRY and HMR?
Globus Maritime's Sloan Ratio % of 1.33% 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 Sloan Ratio % for a Transportation company?
A good Sloan Ratio % depends on the Transportation industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Globus Maritime and its competitors. Globus Maritime's current Sloan Ratio % is 1.33%. 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 $1.94, compared to a current price of $2.94 — trading 51.5% above its estimated fair value. The current Sloan Ratio % is 1.33%. Globus Maritime's overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Globus Maritime (GLBS), the current Sloan Ratio % is 1.33% 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 $2.94 is trading 51.5% above its estimated GF Value™ of $1.94.
GuruFocus considers Globus Maritime to be Significantly Overvalued.
Key valuation signals for GLBS:
Sloan Ratio %: 1.33%
GF Value™: $1.94 vs. price of $2.94 (51.5% above fair value)
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 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.
41GF Score
Get the complete analysis for GLBS
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GLBS has been successfully added to your 
