Globex Mining Enterprises Inc. (GMX) — Cash Flow-to-Debt Ratio
Globex Mining Enterprises Inc. (GMX) has a Cash Flow-to-Debt Ratio of -8.22x as of September 2025, meaning its operating cash flow of CA$-1.09 Million could theoretically repay -8% of its total liabilities (CA$132.21K) in one year. See Globex Mining Enterprises Inc. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Globex Mining Enterprises Inc. Cash Flow-to-Debt Ratio (1996–2024)
Historical debt coverage capacity for Globex Mining Enterprises Inc. across 29 annual periods. For the full cash flow conversion analysis, see GMX cash flow metrics.
Annual Cash Flow-to-Debt Ratio for Globex Mining Enterprises Inc. (1996–2024)
Year-by-year debt coverage analysis for Globex Mining Enterprises Inc.. Check GMX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 2.93x | CA$2.49 Million | CA$848.51K | ▼ -77.9% |
| 2023 | 13.25x | CA$2.27 Million | CA$171.40K | ▲ +191.6% |
| 2022 | -14.46x | CA$-3.04 Million | CA$209.83K | ▼ -597.5% |
| 2021 | 2.91x | CA$7.59 Million | CA$2.61 Million | ▲ +497.3% |
| 2020 | 0.49x | CA$559.87K | CA$1.15 Million | ▲ +139.2% |
| 2019 | -1.24x | CA$-1.45 Million | CA$1.17 Million | ▼ -213.3% |
| 2018 | -0.40x | CA$-518.19K | CA$1.31 Million | ▲ +12.2% |
| 2017 | -0.45x | CA$-565.98K | CA$1.25 Million | ▼ -150.4% |
| 2016 | -0.18x | CA$-417.60K | CA$2.31 Million | ▼ -320.7% |
| 2015 | 0.08x | CA$173.27K | CA$2.12 Million | ▲ +169.3% |
| 2014 | -0.12x | CA$-282.62K | CA$2.40 Million | ▼ -3424.1% |
| 2013 | 0.00x | CA$18.09K | CA$5.10 Million | ▲ +102.7% |
| 2012 | -0.13x | CA$-836.88K | CA$6.44 Million | ▼ -1131.5% |
| 2011 | 0.01x | CA$60.08K | CA$4.77 Million | ▲ +104.8% |
| 2010 | -0.26x | CA$-1.08 Million | CA$4.16 Million | ▲ +13.4% |
| 2009 | -0.30x | CA$-993.10K | CA$3.30 Million | ▼ -206.8% |
| 2008 | 0.28x | CA$1.14 Million | CA$4.05 Million | ▲ +37.9% |
| 2007 | 0.20x | CA$343.73K | CA$1.68 Million | ▼ -95.5% |
| 2006 | 4.53x | CA$807.98K | CA$178.25K | ▲ +176.5% |
| 2005 | 1.64x | CA$199.37K | CA$121.61K | ▼ -40.4% |
| 2004 | 2.75x | CA$389.95K | CA$141.65K | ▲ +131.7% |
| 2003 | -8.68x | CA$-471.56K | CA$54.32K | ▼ -69.8% |
| 2002 | -5.11x | CA$-175.91K | CA$34.41K | ▼ -419.4% |
| 2001 | -0.98x | CA$-256.69K | CA$260.78K | ▼ -314.8% |
| 2000 | 0.46x | CA$140.14K | CA$305.77K | ▲ +129.2% |
| 1999 | -1.57x | CA$-1.10 Million | CA$700.00K | ▲ +98.5% |
| 1998 | -107.00x | CA$-21.40 Million | CA$200.00K | ▼ -14345.0% |
| 1997 | -0.74x | CA$-2.00 Million | CA$2.70 Million | ▼ -108.2% |
| 1996 | 9.00x | CA$900.00K | CA$100.00K | — |