Globex Mining Enterprises Inc. (GMX) — Tangible Net Worth Ratio
Globex Mining Enterprises Inc. (GMX) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$38.78 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore GMX net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Globex Mining Enterprises Inc. Tangible Net Worth Ratio (1996–2024)
This chart shows how Globex Mining Enterprises Inc.'s Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$38.78 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see how much is Globex Mining Enterprises Inc. worth.
Annual Tangible Net Worth Ratio for Globex Mining Enterprises Inc. (1996–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Globex Mining Enterprises Inc. from 1996 to 2024, covering 29 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Globex Mining Enterprises Inc. (GMX) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$33.67 Million | CA$0.00 | CA$34.52 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$32.25 Million | CA$0.00 | CA$32.42 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$31.05 Million | CA$0.00 | CA$31.25 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$34.90 Million | CA$0.00 | CA$37.51 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$10.89 Million | CA$0.00 | CA$12.04 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$4.63 Million | CA$0.00 | CA$5.80 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$4.55 Million | CA$0.00 | CA$5.86 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$4.21 Million | CA$0.00 | CA$5.46 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$16.41 Million | CA$0.00 | CA$18.72 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$15.05 Million | CA$0.00 | CA$17.17 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$16.64 Million | CA$0.00 | CA$19.03 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$19.47 Million | CA$0.00 | CA$24.57 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$17.66 Million | CA$0.00 | CA$24.09 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$16.73 Million | CA$0.00 | CA$21.49 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$13.61 Million | CA$0.00 | CA$17.77 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$12.08 Million | CA$0.00 | CA$15.38 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$12.15 Million | CA$0.00 | CA$16.20 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$14.64 Million | CA$0.00 | CA$16.32 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$7.96 Million | CA$0.00 | CA$8.14 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$3.69 Million | CA$0.00 | CA$3.81 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$1.71 Million | CA$0.00 | CA$1.85 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$1.57 Million | CA$0.00 | CA$1.62 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$1.91 Million | CA$0.00 | CA$1.95 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$2.16 Million | CA$0.00 | CA$2.42 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$1.98 Million | CA$0.00 | CA$2.28 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$1.70 Million | CA$0.00 | CA$2.40 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$2.70 Million | CA$0.00 | CA$2.90 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$29.70 Million | CA$0.00 | CA$32.40 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$3.10 Million | CA$0.00 | CA$3.20 Million | — |