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. Also see Globex Mining Enterprises Inc. (GMX) market capitalisation for the company's overall valuation and market capitalisation.
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. Explore Globex Mining Enterprises Inc. cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gongin Precision Industrial Co Ltd
TWO:3178
|
0.072x |
|
ATM Grupa S.A.
WAR:ATG
|
0.012x |
|
Peace Acquisition Corp Ordinary Shares
NASDAQ:PECE
|
-0.003x |
|
Pureun Mutual Savings Bank Co. Ltd
KQ:007330
|
-0.031x |
|
MaxCyte Inc
NASDAQ:MXCT
|
-0.041x |
|
Kumkang Kind Co Ltd
KO:014285
|
-0.033x |
|
Rimoni
TA:RIMO
|
0.063x |
|
NEOOTO Co. Ltd
KQ:212560
|
0.055x |
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. View Globex Mining Enterprises Inc. stock price for real-time trading data and today's change.
| 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