Globex Mining Enterprises Inc. (GMX) - Net Assets

Latest as of September 2025: CA$38.78 Million CAD

Based on the latest financial reports, Globex Mining Enterprises Inc. (GMX) has net assets worth CA$38.78 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$38.91 Million) and total liabilities (CA$132.21K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$38.78 Million
% of Total Assets 99.66%
Annual Growth Rate 8.89%
5-Year Change 209.29%
10-Year Change 123.65%
Growth Volatility 167.87

Globex Mining Enterprises Inc. - Net Assets Trend (1996–2024)

This chart illustrates how Globex Mining Enterprises Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Globex Mining Enterprises Inc. (1996–2024)

The table below shows the annual net assets of Globex Mining Enterprises Inc. from 1996 to 2024.

Year Net Assets Change
2024-12-31 CA$33.67 Million +4.40%
2023-12-31 CA$32.25 Million +3.89%
2022-12-31 CA$31.05 Million -11.04%
2021-12-31 CA$34.90 Million +220.58%
2020-12-31 CA$10.89 Million +135.23%
2019-12-31 CA$4.63 Million +1.64%
2018-12-31 CA$4.55 Million +8.13%
2017-12-31 CA$4.21 Million -74.34%
2016-12-31 CA$16.41 Million +9.01%
2015-12-31 CA$15.05 Million -9.52%
2014-12-31 CA$16.64 Million -14.54%
2013-12-31 CA$19.47 Million +10.25%
2012-12-31 CA$17.66 Million +5.58%
2011-12-31 CA$16.73 Million +22.93%
2010-12-31 CA$13.61 Million +12.66%
2009-12-31 CA$12.08 Million -0.58%
2008-12-31 CA$12.15 Million -17.03%
2007-12-31 CA$14.64 Million +83.92%
2006-12-31 CA$7.96 Million +115.74%
2005-12-31 CA$3.69 Million +116.39%
2004-12-31 CA$1.71 Million +8.68%
2003-12-31 CA$1.57 Million -18.01%
2002-12-31 CA$1.91 Million -11.42%
2001-12-31 CA$2.16 Million +9.25%
2000-12-31 CA$1.98 Million +16.34%
1999-12-31 CA$1.70 Million -37.04%
1998-12-31 CA$2.70 Million -90.91%
1997-12-31 CA$29.70 Million +858.06%
1996-12-31 CA$3.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Globex Mining Enterprises Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 2318622800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$56.45 Million 167.66%
Other Components CA$4.91 Million 14.57%
Total Equity CA$33.67 Million 100.00%

Globex Mining Enterprises Inc. Competitors by Market Cap

The table below lists competitors of Globex Mining Enterprises Inc. ranked by their market capitalization.

Company Market Cap
C-Rad AB (publ)
ST:CRAD-B
 		$95.07 Million
FLEURY MICHON INH.EO 305
F:4XZ
 		$95.14 Million
Rex International Holding Limited
F:RXI
 		$95.16 Million
Cavatina Holding S.A.
WAR:CAV
 		$95.17 Million
Merck Tbk
JK:MERK
 		$95.03 Million
Alcidion Group Ltd
AU:ALC
 		$95.02 Million
Bridgemarq Real Estate Services Inc
TO:BRE
 		$95.02 Million
Agabang&Company
KQ:013990
 		$95.01 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Globex Mining Enterprises Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,252,297 to 33,669,845, a change of 1,417,548 (4.4%).
  • Net income of 1,325,000 contributed positively to equity growth.
  • Share repurchases of 313,743 reduced equity.
  • Other factors increased equity by 406,291.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$1.32 Million +3.94%
Share Repurchases CA$313.74K -0.93%
Other Changes CA$406.29K +1.21%
Total Change CA$- 4.40%

Book Value vs Market Value Analysis

This analysis compares Globex Mining Enterprises Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 3.90x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 4.27x to 3.90x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CA$0.55 CA$2.33 x
1997-12-31 CA$3.43 CA$2.33 x
1998-12-31 CA$0.23 CA$2.33 x
1999-12-31 CA$0.16 CA$2.33 x
2000-12-31 CA$0.17 CA$2.33 x
2001-12-31 CA$0.17 CA$2.33 x
2002-12-31 CA$0.15 CA$2.33 x
2003-12-31 CA$0.12 CA$2.33 x
2004-12-31 CA$0.13 CA$2.33 x
2005-12-31 CA$0.26 CA$2.33 x
2006-12-31 CA$0.48 CA$2.33 x
2007-12-31 CA$0.81 CA$2.33 x
2008-12-31 CA$0.67 CA$2.33 x
2009-12-31 CA$0.64 CA$2.33 x
2010-12-31 CA$0.68 CA$2.33 x
2011-12-31 CA$0.72 CA$2.33 x
2012-12-31 CA$0.73 CA$2.33 x
2013-12-31 CA$0.67 CA$2.33 x
2014-12-31 CA$0.43 CA$2.33 x
2015-12-31 CA$0.36 CA$2.33 x
2016-12-31 CA$0.36 CA$2.33 x
2017-12-31 CA$0.08 CA$2.33 x
2018-12-31 CA$0.09 CA$2.33 x
2019-12-31 CA$0.09 CA$2.33 x
2020-12-31 CA$0.20 CA$2.33 x
2021-12-31 CA$0.61 CA$2.33 x
2022-12-31 CA$0.56 CA$2.33 x
2023-12-31 CA$0.57 CA$2.33 x
2024-12-31 CA$0.60 CA$2.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Globex Mining Enterprises Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 3.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 89.53%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.03x
  • Recent ROE (3.94%) is above the historical average (-33.43%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 3.23% 100.00% 0.03x 1.03x CA$-210.00K
1997 -4.96% -1300.00% 0.00x 1.24x CA$-3.92 Million
1998 -877.78% -23700.00% 0.03x 1.07x CA$-23.97 Million
1999 -12.50% -300.00% 0.04x 1.00x CA$-540.00K
2000 -20.15% -19930500.00% 0.00x 1.15x CA$-596.39K
2001 -10.68% -477.45% 0.02x 1.12x CA$-446.77K
2002 -15.00% -120.87% 0.12x 1.02x CA$-478.38K
2003 -43.85% -249.22% 0.17x 1.03x CA$-844.91K
2004 -20.70% -49.17% 0.39x 1.08x CA$-523.53K
2005 -6.42% -28.48% 0.22x 1.03x CA$-606.01K
2006 8.32% 31.44% 0.26x 1.02x CA$-134.02K
2007 -6.13% -76.10% 0.07x 1.11x CA$-2.36 Million
2008 -9.31% -60.42% 0.12x 1.33x CA$-2.35 Million
2009 -11.38% -328.70% 0.03x 1.27x CA$-2.58 Million
2010 -14.95% -260.57% 0.04x 1.31x CA$-3.39 Million
2011 2.14% 9.56% 0.17x 1.28x CA$-1.31 Million
2012 16.67% 332.67% 0.04x 1.36x CA$1.18 Million
2013 -4.34% -112.64% 0.03x 1.26x CA$-2.79 Million
2014 -32.11% -402.56% 0.07x 1.14x CA$-7.01 Million
2015 -16.06% -208.36% 0.07x 1.14x CA$-3.92 Million
2016 -4.34% -41.86% 0.09x 1.14x CA$-2.35 Million
2017 17.93% 19.05% 0.73x 1.30x CA$333.78K
2018 -2.10% -3.14% 0.52x 1.29x CA$-550.97K
2019 -22.60% -45.64% 0.40x 1.25x CA$-1.51 Million
2020 54.79% 80.62% 0.61x 1.11x CA$4.88 Million
2021 67.95% 67.23% 0.94x 1.07x CA$20.22 Million
2022 -13.32% -206.70% 0.06x 1.01x CA$-7.24 Million
2023 4.26% 33.26% 0.13x 1.01x CA$-1.85 Million
2024 3.94% 89.53% 0.04x 1.03x CA$-2.04 Million

Industry Comparison

This section compares Globex Mining Enterprises Inc.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $38,091,021
  • Average return on equity (ROE) among peers: -44.98%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Globex Mining Enterprises Inc. (GMX) CA$38.78 Million 3.23% 0.00x $95.04 Million
Aftermath Silver Ltd (AAG) $5.83 Million -52.14% 0.17x $215.07 Million
Aton Resources Inc (AAN) $-970.51K 0.00% 0.00x $52.55 Million
Asbestos Corporation Limited (AB-H) $-24.43 Million 0.00% 0.00x $1.85 Million
Arbor Metals Corp (ABR) $700.32K -22.12% 0.03x $10.15 Million
Asiabasemetals Inc (ABZ) $557.59K -47.89% 0.13x $5.75 Million
Adex Mining Inc (ADE) $-5.15 Million 0.00% 0.00x $27.09 Million
AE Fuels Corporation (AEF) $94.17K -158.20% 2.20x $4.95 Million
Alphamin Res (AFM) $365.51 Million 12.92% 0.41x $1.27 Billion
African Metals Corporation (AFR) $401.19K -134.87% 0.17x $1.00 Million
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million

About Globex Mining Enterprises Inc.

TO:GMX Canada Other Industrial Metals & Mining
Market Cap
$95.04 Million
CA$131.38 Million CAD
Market Cap Rank
#21193 Global
#534 in Canada
Share Price
CA$2.33
Change (1 day)
+0.43%
52-Week Range
CA$1.24 - CA$2.86
All Time High
CA$2.86
Categories
Companies in Canada Other Industrial Metals & Mining
About

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