Globex Mining Enterprises Inc. (GMX) — Financial Flexibility Index
Globex Mining Enterprises Inc. (GMX) has a Financial Flexibility Index of -8.16x as of September 2025. Free cash flow of CA$-1.08 Million (operating CF CA$-1.09 Million minus capex CA$7.53K) represents -8% of total liabilities (CA$132.21K). Check GMX capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Globex Mining Enterprises Inc. Financial Flexibility Index (1996–2024)
Historical Financial Flexibility Index trend for Globex Mining Enterprises Inc. across 29 annual periods. For the full cash flow conversion analysis, see GMX cash flow metrics.
Annual Financial Flexibility Index for Globex Mining Enterprises Inc. (1996–2024)
Year-by-year free cash flow to debt coverage for Globex Mining Enterprises Inc.. Explore Globex Mining Enterprises Inc. (GMX) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.95x | CA$2.50 Million | CA$2.49 Million | CA$848.51K | ▼ -79.4% |
| 2023 | 14.34x | CA$2.46 Million | CA$2.27 Million | CA$171.40K | ▲ +204.6% |
| 2022 | -13.71x | CA$-2.88 Million | CA$-3.04 Million | CA$209.83K | ▼ -541.2% |
| 2021 | 3.11x | CA$8.11 Million | CA$7.59 Million | CA$2.61 Million | ▲ +512.7% |
| 2020 | 0.51x | CA$583.39K | CA$559.87K | CA$1.15 Million | ▲ +141.1% |
| 2019 | -1.23x | CA$-1.44 Million | CA$-1.45 Million | CA$1.17 Million | ▼ -213.2% |
| 2018 | -0.39x | CA$-514.75K | CA$-518.19K | CA$1.31 Million | ▲ +12.3% |
| 2017 | -0.45x | CA$-562.54K | CA$-565.98K | CA$1.25 Million | ▼ -194.2% |
| 2016 | -0.15x | CA$-353.32K | CA$-417.60K | CA$2.31 Million | ▼ -245.7% |
| 2015 | 0.10x | CA$222.04K | CA$173.27K | CA$2.12 Million | ▲ +209.6% |
| 2014 | -0.10x | CA$-228.93K | CA$-282.62K | CA$2.40 Million | ▼ -799.0% |
| 2013 | 0.01x | CA$69.67K | CA$18.09K | CA$5.10 Million | ▲ +114.4% |
| 2012 | -0.09x | CA$-610.60K | CA$-836.88K | CA$6.44 Million | ▼ -217.1% |
| 2011 | 0.08x | CA$386.11K | CA$60.08K | CA$4.77 Million | ▲ +133.6% |
| 2010 | -0.24x | CA$-1.01 Million | CA$-1.08 Million | CA$4.16 Million | ▲ +14.6% |
| 2009 | -0.28x | CA$-933.67K | CA$-993.10K | CA$3.30 Million | ▼ -179.3% |
| 2008 | 0.36x | CA$1.45 Million | CA$1.14 Million | CA$4.05 Million | ▼ -83.8% |
| 2007 | 2.20x | CA$3.71 Million | CA$343.73K | CA$1.68 Million | ▼ -77.7% |
| 2006 | 9.89x | CA$1.76 Million | CA$807.98K | CA$178.25K | ▲ +97.4% |
| 2005 | 5.01x | CA$609.39K | CA$199.37K | CA$121.61K | ▲ +60.0% |
| 2004 | 3.13x | CA$443.63K | CA$389.95K | CA$141.65K | ▲ +138.5% |
| 2003 | -8.13x | CA$-441.43K | CA$-471.56K | CA$54.32K | ▼ -59.2% |
| 2002 | -5.10x | CA$-175.65K | CA$-175.91K | CA$34.41K | ▼ -563.6% |
| 2001 | -0.77x | CA$-200.60K | CA$-256.69K | CA$260.78K | ▼ -261.8% |
| 2000 | 0.48x | CA$145.37K | CA$140.14K | CA$305.77K | ▲ +130.3% |
| 1999 | -1.57x | CA$-1.10 Million | CA$-1.10 Million | CA$700.00K | ▲ +98.5% |
| 1998 | -107.00x | CA$-21.40 Million | CA$-21.40 Million | CA$200.00K | ▼ -1705.0% |
| 1997 | 6.67x | CA$18.00 Million | CA$-2.00 Million | CA$2.70 Million | ▼ -33.3% |
| 1996 | 10.00x | CA$1.00 Million | CA$900.00K | CA$100.00K | — |