Globex Mining Enterprises Inc. (GMX) - 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. See GMX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Globex Mining Enterprises Inc. - Cash Flow Conversion Efficiency Trend (1996–2024)
This chart illustrates how Globex Mining Enterprises Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Rimbunan Sawit Bhd
KLSE:5113
|
0.112x |
|
Nurol Gayrimenkul Yatirim Ortakligi AS
IS:NUGYO
|
0.016x |
|
The9 Ltd ADR
NASDAQ:NCTY
|
3.099x |
|
Canagold Resources Ltd
TO:CCM
|
-0.006x |
|
KMH Co. Ltd
KQ:122450
|
0.083x |
|
Trans Power Marine Tbk
JK:TPMA
|
0.067x |
|
HANSARD GLOBAL PLC LS-50
F:H9G
|
N/A |
|
Pieridae Energy Ltd
TO:PEA
|
0.170x |
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. For the full company profile with market capitalisation and key ratios, see market value of Globex Mining Enterprises Inc..
| 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