Globex Mining Enterprises Inc. Cash Flow Conversion Efficiency
Globex Mining Enterprises Inc. cash flow conversion efficiency. Based on the latest financial reports, Globex Mining Enterprises Inc. (GMX) 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 (CA$-1.09 Million ≈ $-786.29K USD) by net assets (CA$38.78 Million ≈ $28.05 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Globex Mining Enterprises Inc. (1996–2024)
Cash flow conversion efficiency of Globex Mining Enterprises Inc. from 1996 to 2024. This chart illustrates how Globex Mining Enterprises Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Globex Mining Enterprises Inc. stock quote for real-time trading data and today's change.
Globex Mining Enterprises Inc. Cash Flow Conversion Ratio Explained
Globex Mining Enterprises Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of Globex Mining Enterprises Inc. for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bionet
TWO:1784
|
0.023x |
|
Corbus Pharmaceuticals Holding
NASDAQ:CRBP
|
-0.290x |
|
Ritco Logistics Limited
NSE:RITCO
|
0.019x |
|
ATM Grupa S.A.
WAR:ATG
|
0.012x |
|
Globe International Ltd
AU:GLB
|
0.097x |
|
Loxley Public Company Limited
F:NVAI
|
-0.049x |
|
Telechips Inc
KQ:054450
|
0.019x |
|
Kuyas Yatirim AS
IS:KUYAS
|
0.042x |
Annual Cash Flow Conversion Efficiency for Globex Mining Enterprises Inc. (1996–2024)
The table below shows the annual cash flow conversion efficiency of Globex Mining Enterprises Inc. from 1996 to 2024. Review Globex Mining Enterprises Inc. (GMX) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$33.67 Million ≈ $24.36 Million |
CA$2.49 Million ≈ $1.80 Million |
0.074x | +4.94% |
| 2023-12-31 | CA$32.25 Million ≈ $23.33 Million |
CA$2.27 Million ≈ $1.64 Million |
0.070x | +172.03% |
| 2022-12-31 | CA$31.05 Million ≈ $22.46 Million |
CA$-3.04 Million ≈ $-2.20 Million |
-0.098x | -144.98% |
| 2021-12-31 | CA$34.90 Million ≈ $25.25 Million |
CA$7.59 Million ≈ $5.49 Million |
0.217x | +322.60% |
| 2020-12-31 | CA$10.89 Million ≈ $7.87 Million |
CA$559.87K ≈ $405.00K |
0.051x | +116.37% |
| 2019-12-31 | CA$4.63 Million ≈ $3.35 Million |
CA$-1.45 Million ≈ $-1.05 Million |
-0.314x | -176.08% |
| 2018-12-31 | CA$4.55 Million ≈ $3.29 Million |
CA$-518.19K ≈ $-374.85K |
-0.114x | +15.33% |
| 2017-12-31 | CA$4.21 Million ≈ $3.05 Million |
CA$-565.98K ≈ $-409.42K |
-0.134x | -428.16% |
| 2016-12-31 | CA$16.41 Million ≈ $11.87 Million |
CA$-417.60K ≈ $-302.08K |
-0.025x | -321.10% |
| 2015-12-31 | CA$15.05 Million ≈ $10.89 Million |
CA$173.27K ≈ $125.34K |
0.012x | +167.76% |
| 2014-12-31 | CA$16.64 Million ≈ $12.04 Million |
CA$-282.62K ≈ $-204.44K |
-0.017x | -1928.58% |
| 2013-12-31 | CA$19.47 Million ≈ $14.08 Million |
CA$18.09K ≈ $13.08K |
0.001x | +101.96% |
| 2012-12-31 | CA$17.66 Million ≈ $12.77 Million |
CA$-836.88K ≈ $-605.39K |
-0.047x | -1419.45% |
| 2011-12-31 | CA$16.73 Million ≈ $12.10 Million |
CA$60.08K ≈ $43.46K |
0.004x | +104.51% |
| 2010-12-31 | CA$13.61 Million ≈ $9.84 Million |
CA$-1.08 Million ≈ $-784.56K |
-0.080x | +3.06% |
| 2009-12-31 | CA$12.08 Million ≈ $8.74 Million |
CA$-993.10K ≈ $-718.40K |
-0.082x | -187.44% |
| 2008-12-31 | CA$12.15 Million ≈ $8.79 Million |
CA$1.14 Million ≈ $826.35K |
0.094x | +300.58% |
| 2007-12-31 | CA$14.64 Million ≈ $10.59 Million |
CA$343.73K ≈ $248.65K |
0.023x | -76.87% |
| 2006-12-31 | CA$7.96 Million ≈ $5.76 Million |
CA$807.98K ≈ $584.48K |
0.101x | +87.85% |
| 2005-12-31 | CA$3.69 Million ≈ $2.67 Million |
CA$199.37K ≈ $144.22K |
0.054x | -76.37% |
| 2004-12-31 | CA$1.71 Million ≈ $1.23 Million |
CA$389.95K ≈ $282.08K |
0.229x | +176.09% |
| 2003-12-31 | CA$1.57 Million ≈ $1.14 Million |
CA$-471.56K ≈ $-341.12K |
-0.301x | -226.97% |
| 2002-12-31 | CA$1.91 Million ≈ $1.38 Million |
CA$-175.91K ≈ $-127.25K |
-0.092x | +22.63% |
| 2001-12-31 | CA$2.16 Million ≈ $1.56 Million |
CA$-256.69K ≈ $-185.68K |
-0.119x | -267.66% |
| 2000-12-31 | CA$1.98 Million ≈ $1.43 Million |
CA$140.14K ≈ $101.38K |
0.071x | +110.95% |
| 1999-12-31 | CA$1.70 Million ≈ $1.23 Million |
CA$-1.10 Million ≈ $-795.72K |
-0.647x | +91.84% |
| 1998-12-31 | CA$2.70 Million ≈ $1.95 Million |
CA$-21.40 Million ≈ $-15.48 Million |
-7.926x | -11670.00% |
| 1997-12-31 | CA$29.70 Million ≈ $21.48 Million |
CA$-2.00 Million ≈ $-1.45 Million |
-0.067x | -123.19% |
| 1996-12-31 | CA$3.10 Million ≈ $2.24 Million |
CA$900.00K ≈ $651.05K |
0.290x | -- |
About 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