GLBZ: Glen Burnie Bancorp Financial Statements
Balance sheet, income statement, and cash flow statements for Glen Burnie Bancorp (GLBZ).
$16.90M Market Cap.
GLBZ Market Cap. (MRY)
GLBZ Shares Outstanding (MRY)
GLBZ Assets (MRY)
Total Assets
$358.96M
Total Liabilities
$341.14M
Total Investments
$312.00M
GLBZ Income (MRY)
Revenue
$11.25M
Net Income
-$112.00K
Operating Expense
$11.89M
GLBZ Cash Flow (MRY)
CF Operations
$28.00K
CF Investing
$847.00K
CF Financing
$8.35M
GLBZ Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $358,956,000 (2.03%) | $351,813,000 (-7.77%) | $381,436,000 (-13.72%) | $442,066,000 (5.38%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $17,817,000 (-7.80%) | $19,325,000 (20.37%) | $16,054,000 (-55.05%) | $35,716,000 (-3.71%) |
Property Plant & Equipment Net | $2,678,000 (-12.08%) | $3,046,000 (-7.05%) | $3,277,000 (-8.05%) | $3,564,000 (-7.50%) |
Cash & Equivalents | $24,464,000 (60.51%) | $15,241,000 (-49.35%) | $30,092,000 (-51.61%) | $62,181,000 (67.64%) |
Accumulated Other Comprehensive Income | -$19,003,000 (-3.38%) | -$18,381,000 (13.51%) | -$21,252,000 (-2331.58%) | -$874,000 (-261.85%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $312,000,000 (-0.89%) | $314,794,000 (-4.21%) | $328,632,000 (-9.94%) | $364,911,000 (-0.72%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $22,882,000 (-4.09%) | $23,859,000 (1.19%) | $23,579,000 (2.62%) | $22,977,000 (-0.41%) |
Tax Assets | $8,696,000 (8.46%) | $8,018,000 (-9.93%) | $8,902,000 (608.19%) | $1,257,000 (387.21%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $151,000 (0%) | $0 (0%) |
Total Debt | $30,000,000 (0.00%) | $30,000,000 (0%) | $0 (0%) | $20,000,000 (-33.14%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $341,139,000 (2.60%) | $332,488,000 (-9.00%) | $365,382,000 (-10.08%) | $406,350,000 (6.27%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
GLBZ Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $11,254,000 (-14.35%) | $13,139,000 (-1.40%) | $13,325,000 (-5.13%) | $14,045,000 (1.37%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $11,551,000 (2.20%) | $11,302,000 (1.75%) | $11,108,000 (5.17%) | $10,562,000 (-5.57%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $11,891,000 (2.17%) | $11,638,000 (2.63%) | $11,340,000 (3.54%) | $10,952,000 (-6.36%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | -$525,000 (-829.17%) | $72,000 (-70.00%) | $240,000 (-58.41%) | $577,000 (17.52%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$112,000 (-107.84%) | $1,429,000 (-18.11%) | $1,745,000 (-30.64%) | $2,516,000 (50.84%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$112,000 (-107.84%) | $1,429,000 (-18.11%) | $1,745,000 (-30.64%) | $2,516,000 (50.84%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$112,000 (-107.84%) | $1,429,000 (-18.11%) | $1,745,000 (-30.64%) | $2,516,000 (50.84%) |
Weighted Average Shares | $2,900,681 (0.82%) | $2,877,084 (0.42%) | $2,865,046 (0.39%) | $2,853,880 (0.42%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | -$637,000 (-142.44%) | $1,501,000 (-24.38%) | $1,985,000 (-35.82%) | $3,093,000 (43.26%) |
Gross Profit | $11,254,000 (-14.35%) | $13,139,000 (-1.40%) | $13,325,000 (-5.13%) | $14,045,000 (1.37%) |
Operating Income | -$637,000 (-142.44%) | $1,501,000 (-24.38%) | $1,985,000 (-35.82%) | $3,093,000 (43.26%) |
GLBZ Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $847,000 (-95.20%) | $17,660,000 (151.78%) | $7,014,000 (650.12%) | -$1,275,000 (87.11%) |
Net Cash Flow from Financing | $8,348,000 (124.62%) | -$33,910,000 (17.95%) | -$41,328,000 (-282.01%) | $22,707,000 (-29.24%) |
Net Cash Flow from Operations | $28,000 (-98.00%) | $1,399,000 (-37.12%) | $2,225,000 (-39.14%) | $3,656,000 (128.21%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $9,223,000 (162.10%) | -$14,851,000 (53.72%) | -$32,089,000 (-227.91%) | $25,088,000 (5.40%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $928,000 (-94.79%) | $17,812,000 (145.01%) | $7,270,000 (561.00%) | -$1,577,000 (83.07%) |
Capital Expenditure | -$81,000 (46.71%) | -$152,000 (40.63%) | -$256,000 (10.80%) | -$287,000 (49.91%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $30,000,000 (250.00%) | -$20,000,000 (-101.76%) | -$9,913,000 (-301.77%) |
Issuance (Purchase) of Equity Shares | $91,000 (-24.17%) | $120,000 (5.26%) | $114,000 (-12.98%) | $131,000 (0.77%) |
Payment of Dividends & Other Cash Distributions | -$865,000 (24.72%) | -$1,149,000 (-0.52%) | -$1,143,000 (-0.44%) | -$1,138,000 (-0.35%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $238,000 (4.85%) | $227,000 (-77.16%) | $994,000 (-0.10%) | $995,000 (1586.44%) |
GLBZ Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | -1.00% (-109.17%) | 10.90% (-16.79%) | 13.10% (-26.82%) | 17.90% (49.17%) |
EBITDA Margin | -3.50% (-126.52%) | 13.20% (-41.07%) | 22.40% (-23.02%) | 29.10% (81.87%) |
Return on Average Equity (ROAE) | -0.60% (-107.14%) | 8.40% (-4.55%) | 8.80% (22.22%) | 7.20% (56.52%) |
Return on Average Assets (ROAA) | 0% (0%) | 0.40% (0.00%) | 0.40% (-33.33%) | 0.60% (50.00%) |
Return on Sales (ROS) | -5.70% (-150.00%) | 11.40% (-23.49%) | 14.90% (-32.27%) | 22.00% (41.03%) |
Return on Invested Capital (ROIC) | -0.20% (-150.00%) | 0.40% (-20.00%) | 0.50% (-28.57%) | 0.70% (40.00%) |
Dividend Yield | 5.20% (-22.39%) | 6.70% (39.58%) | 4.80% (65.52%) | 2.90% (-19.44%) |
Price to Earnings Ratio (P/E) | -145.63 (-1313.54%) | 12 (-11.91%) | 13.62 (-14.37%) | 15.91 (-14.67%) |
Price to Sales Ratio (P/S) | 1.5 (14.23%) | 1.31 (-26.47%) | 1.79 (-37.19%) | 2.85 (26.11%) |
Price to Book Ratio (P/B) | 0.95 (6.16%) | 0.89 (-39.78%) | 1.48 (32.53%) | 1.12 (32.74%) |
Debt to Equity Ratio (D/E) | 19.15 (11.29%) | 17.2 (-24.41%) | 22.76 (100.05%) | 11.38 (10.36%) |
Earnings Per Share (EPS) | -0.04 (-108.00%) | 0.5 (-18.03%) | 0.61 (-30.68%) | 0.88 (49.15%) |
Sales Per Share (SPS) | 3.88 (-15.04%) | 4.57 (-1.81%) | 4.65 (-5.49%) | 4.92 (0.94%) |
Free Cash Flow Per Share (FCFPS) | -0.02 (-104.16%) | 0.43 (-36.97%) | 0.69 (-41.78%) | 1.18 (225.97%) |
Book Value Per Share (BVPS) | 6.14 (-8.56%) | 6.72 (19.88%) | 5.6 (-55.23%) | 12.52 (-4.11%) |
Tangible Assets Book Value Per Share (TABVPS) | 123.75 (1.20%) | 122.28 (-8.15%) | 133.13 (-14.05%) | 154.9 (4.95%) |
Enterprise Value Over EBIT (EV/EBIT) | -38 (-311.11%) | 18 (460.00%) | -5 (-155.56%) | 9 (-62.50%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -61.24 (-481.48%) | 16.05 (561.56%) | -3.48 (-149.91%) | 6.97 (-70.03%) |
Asset Turnover | 0.03 (-16.22%) | 0.04 (15.62%) | 0.03 (0.00%) | 0.03 (-5.88%) |
Current Ratio | - | - | - | - |
Dividends | $0.3 (-25.00%) | $0.4 (0.00%) | $0.4 (0.00%) | $0.4 (0.00%) |
Free Cash Flow (FCF) | -$53,000 (-104.25%) | $1,247,000 (-36.67%) | $1,969,000 (-41.56%) | $3,369,000 (227.41%) |
Enterprise Value (EV) | $24,434,467 (-11.92%) | $27,740,216 (367.75%) | -$10,360,468 (-136.36%) | $28,490,320 (-44.76%) |
Earnings Before Tax (EBT) | -$637,000 (-142.44%) | $1,501,000 (-24.38%) | $1,985,000 (-35.82%) | $3,093,000 (43.26%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$399,000 (-123.09%) | $1,728,000 (-41.99%) | $2,979,000 (-27.13%) | $4,088,000 (84.31%) |
Invested Capital | $364,492,000 (-0.57%) | $366,572,000 (4.33%) | $351,344,000 (-12.14%) | $399,885,000 (-3.01%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $358,956,000 (2.03%) | $351,813,000 (-7.77%) | $381,436,000 (-13.72%) | $442,066,000 (5.38%) |
Market Capitalization | $16,896,467 (-2.12%) | $17,262,216 (-27.50%) | $23,808,532 (-40.41%) | $39,954,320 (27.80%) |
Average Equity | $18,644,250 (9.70%) | $16,995,000 (-13.88%) | $19,734,750 (-43.43%) | $34,887,750 (-3.97%) |
Average Assets | $363,225,250 (1.30%) | $358,549,250 (-13.81%) | $415,975,000 (-4.61%) | $436,094,750 (5.78%) |
Invested Capital Average | $369,140,250 (1.97%) | $362,023,500 (-4.70%) | $379,858,250 (-9.56%) | $419,993,250 (0.80%) |
Shares | 2,900,681 (0.82%) | 2,877,084 (0.42%) | 2,865,046 (0.39%) | 2,853,880 (0.42%) |
