Globex Mining Enterprises Inc
Globex Mining Enterprises Inc. engages in the acquisition, exploration, and development of mineral properties in North America. The company has a mineral portfolio of approximately 256 early to mid-stage exploration, development, and royalty properties containing base metals, including copper, nickel, zinc, and lead; and precious metals, such as gold, silver, platinum, and palladium. It also expl… Read more
Globex Mining Enterprises Inc (GLBXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.028x
Based on the latest financial reports, Globex Mining Enterprises Inc (GLBXF) has a cash flow conversion efficiency ratio of -0.028x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.09 Million) by net assets ($38.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Globex Mining Enterprises Inc - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Globex Mining Enterprises Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Globex Mining Enterprises Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Globex Mining Enterprises Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Clal Insurance Enterprises Holdings Ltd
TA:CLIS
|
0.008x |
|
Invictus Energy Ltd
AU:IVZ
|
-0.015x |
|
Taeyang Metal
KO:004100
|
0.052x |
|
KoBioLabs Inc
KQ:348150
|
0.000x |
|
CHANJET INFO.TECHN.-H-YC1
F:C7D
|
N/A |
|
Rhinebeck Bancorp Inc
NASDAQ:RBKB
|
0.016x |
|
Remed Co.Ltd
KQ:302550
|
-0.007x |
|
Forum Markets, Incorporated
NASDAQ:FRMM
|
-0.037x |
Annual Cash Flow Conversion Efficiency for Globex Mining Enterprises Inc (2006–2024)
The table below shows the annual cash flow conversion efficiency of Globex Mining Enterprises Inc from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $33.67 Million | $2.49 Million | 0.074x | +4.94% |
| 2023-12-31 | $32.25 Million | $2.27 Million | 0.070x | +172.03% |
| 2022-12-31 | $31.05 Million | $-3.04 Million | -0.098x | -144.98% |
| 2021-12-31 | $34.90 Million | $7.59 Million | 0.217x | +322.60% |
| 2020-12-31 | $10.89 Million | $559.87K | 0.051x | +116.37% |
| 2019-12-31 | $4.63 Million | $-1.45 Million | -0.314x | -572.93% |
| 2018-12-31 | $4.55 Million | $-212.59K | -0.047x | +62.06% |
| 2017-12-31 | $4.21 Million | $-518.19K | -0.123x | -47.65% |
| 2016-12-31 | $16.41 Million | $-1.37 Million | -0.083x | -175.63% |
| 2015-12-31 | $1.13 Million | $124.74K | 0.110x | +748.77% |
| 2014-12-31 | $14.32 Million | $-243.20K | -0.017x | -1937.17% |
| 2013-12-31 | $18.33 Million | $16.94K | 0.001x | -- |
| 2012-12-31 | $17.80 Million | $0.00 | 0.000x | -- |
| 2011-12-31 | $16.40 Million | $58.84K | 0.004x | -- |
| 2010-12-31 | $13.65 Million | $0.00 | 0.000x | -- |
| 2009-12-31 | $11.48 Million | $0.00 | 0.000x | -- |
| 2008-12-31 | $9.98 Million | $938.53K | 0.094x | +300.10% |
| 2007-12-31 | $14.69 Million | $345.14K | 0.023x | -76.85% |
| 2006-12-31 | $6.83 Million | $693.03K | 0.101x | -- |