Globex Mining Enterprises Inc. (GMX) — Cash Flow Quality Index
Globex Mining Enterprises Inc. (GMX) has a Cash Flow Quality Index of -0.24x as of September 2025. Operating cash flow of CA$-1.09 Million is below net income of CA$4.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Globex Mining Enterprises Inc. cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Globex Mining Enterprises Inc. Cash Flow Quality Index (1996–2024)
Historical Cash Flow Quality Index for Globex Mining Enterprises Inc. across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see GMX cash flow conversion.
Annual Cash Flow Quality Index for Globex Mining Enterprises Inc. (1996–2024)
Year-by-year earnings quality comparison for Globex Mining Enterprises Inc..
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.88x | CA$2.49 Million | CA$1.32 Million | ▲ +13.5% |
| 2023 | 1.65x | CA$2.27 Million | CA$1.37 Million | ▲ +417.2% |
| 2021 | 0.32x | CA$7.59 Million | CA$23.71 Million | ▲ +240.8% |
| 2020 | 0.09x | CA$559.87K | CA$5.97 Million | ▲ +113.7% |
| 2018 | -0.69x | CA$-518.19K | CA$754.89K | ▲ +8.4% |
| 2017 | -0.75x | CA$-565.98K | CA$754.89K | ▼ -163.6% |
| 2012 | -0.28x | CA$-836.88K | CA$2.94 Million | ▼ -269.8% |
| 2011 | 0.17x | CA$60.08K | CA$358.77K | ▼ -86.3% |
| 2006 | 1.22x | CA$807.98K | CA$662.08K | ▼ -86.4% |
| 1996 | 9.00x | CA$900.00K | CA$100.00K | — |