Globex Mining Enterprises Inc. (GMX) — Defensive Interval Ratio

Latest as of September 2025: 96272 days

Globex Mining Enterprises Inc. (GMX) has a Defensive Interval Ratio of 96272 days as of September 2025. Defensive assets of CA$34.87 Million (cash CA$-, short-term investments CA$33.29 Million, receivables CA$1.59 Million) cover 96272 days of daily cash needs of CA$362.21/day. Check Globex Mining Enterprises Inc. tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

96272 days
Days of operational coverage

Defensive Assets

CA$34.87 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$362.21
Current Liabilities ÷ 365

Current Liabilities

CA$132.21K
CAD

Globex Mining Enterprises Inc. Defensive Interval Ratio (1996–2024)

This chart shows how Globex Mining Enterprises Inc.'s Defensive Interval Ratio has evolved across 28 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 96272 days, meaning defensive assets of CA$34.87 Million can fund 96272 days of operations without new revenue. Also explore GMX net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Globex Mining Enterprises Inc. (1996–2024)

The table below presents the year-by-year Defensive Interval Ratio for Globex Mining Enterprises Inc. from 1996 to 2024, covering 28 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see GMX market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 8862 days CA$20.60 Million CA$2.32K/day CA$- CA$19.85 Million ▼ -29607 days
2023 38469 days CA$18.06 Million CA$469.59/day CA$- CA$18.01 Million ▲ +3277 days
2022 35192 days CA$20.23 Million CA$574.89/day CA$- CA$20.09 Million ▲ +33133 days
2021 2059 days CA$14.71 Million CA$7.15K/day CA$- CA$14.58 Million ▼ -9552 days
2020 11611 days CA$5.91 Million CA$509.13/day CA$- CA$5.69 Million ▲ +6862 days
2019 4748 days CA$1.69 Million CA$356.59/day CA$- CA$1.42 Million ▲ +1041 days
2018 3707 days CA$3.82 Million CA$1.03K/day CA$2.70 Million CA$904.54K ▼ -1662 days
2017 5369 days CA$3.26 Million CA$606.85/day CA$1.57 Million CA$1.46 Million ▲ +3606 days
2016 1763 days CA$1.36 Million CA$772.94/day CA$512.27K CA$745.66K ▲ +1450 days
2015 313 days CA$394.63K CA$1.26K/day CA$- CA$316.90K ▼ -544 days
2014 857 days CA$601.34K CA$702.01/day CA$- CA$305.63K ▲ +257 days
2013 600 days CA$1.06 Million CA$1.77K/day CA$- CA$942.80K ▲ +403 days
2012 197 days CA$1.22 Million CA$6.17K/day CA$- CA$637.27K ▼ -804 days
2011 1000 days CA$2.77 Million CA$2.77K/day CA$- CA$2.20 Million ▼ -295 days
2010 1296 days CA$3.49 Million CA$2.69K/day CA$- CA$2.87 Million ▼ -697 days
2009 1993 days CA$3.15 Million CA$1.58K/day CA$- CA$2.94 Million ▲ +683 days
2008 1310 days CA$3.79 Million CA$2.89K/day CA$- CA$3.37 Million ▼ -629 days
2007 1939 days CA$5.21 Million CA$2.69K/day CA$- CA$3.79 Million ▼ -5784 days
2006 7722 days CA$3.77 Million CA$488.37/day CA$- CA$3.01 Million ▲ +2654 days
2005 5068 days CA$1.69 Million CA$333.19/day CA$- CA$1.40 Million ▲ +3953 days
2004 1115 days CA$432.74K CA$388.09/day CA$- CA$279.98K ▼ -1563 days
2003 2678 days CA$398.57K CA$148.83/day CA$- CA$85.16K ▲ +1419 days
2002 1259 days CA$118.67K CA$94.28/day CA$- CA$108.80K ▲ +634 days
2001 625 days CA$446.30K CA$714.47/day CA$- CA$195.70K ▲ +34 days
2000 590 days CA$455.58K CA$771.73/day CA$- CA$234.97K ▲ +225 days
1999 365 days CA$700.00K CA$1.92K/day CA$- CA$700.00K ▼ -1095 days
1997 1460 days CA$2.80 Million CA$1.92K/day CA$- CA$2.70 Million ▲ +1071 days
1996 389 days CA$1.60 Million CA$4.11K/day CA$- CA$1.50 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)