Globex Mining Enterprises Inc
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
Globex Mining Enterprises Inc (GLBXF) - Total Assets
Latest total assets as of September 2025: $38.91 Million USD
Based on the latest financial reports, Globex Mining Enterprises Inc (GLBXF) holds total assets worth $38.91 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Globex Mining Enterprises Inc - Total Assets Trend (2006–2024)
This chart illustrates how Globex Mining Enterprises Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Globex Mining Enterprises Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Globex Mining Enterprises Inc's total assets of $38.91 Million consist of 94.8% current assets and 5.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.4% |
| Accounts Receivable | $49.36K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Globex Mining Enterprises Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Globex Mining Enterprises Inc's current assets represent 94.8% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 26.4% of total assets in 2024, up from 4.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Globex Mining Enterprises Inc Competitors by Total Assets
Key competitors of Globex Mining Enterprises Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Globex Mining Enterprises Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Globex Mining Enterprises Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Globex Mining Enterprises Inc generates $ 3.84 in net profit.
Globex Mining Enterprises Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 283.01 | 87.42 | 58.21 |
| Quick Ratio | 283.01 | 87.42 | 58.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $37.28 Million | $ 31.45 Million | $ 10.63 Million |
Globex Mining Enterprises Inc - Advanced Valuation Insights
This section examines the relationship between Globex Mining Enterprises Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.19 |
| Latest Market Cap to Assets Ratio | 1.26 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | $34.52 Million |
| Market Capitalization | $43.38 Million USD |
Valuation Analysis
Above Book Valuation: The market values Globex Mining Enterprises Inc's assets above their book value (1.26 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Globex Mining Enterprises Inc's assets grew by 6.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Globex Mining Enterprises Inc (2006–2024)
The table below shows the annual total assets of Globex Mining Enterprises Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $34.52 Million | +6.46% |
| 2023-12-31 | $32.42 Million | +3.74% |
| 2022-12-31 | $31.25 Million | -16.67% |
| 2021-12-31 | $37.51 Million | +211.62% |
| 2020-12-31 | $12.04 Million | +107.60% |
| 2019-12-31 | $5.80 Million | -1.06% |
| 2018-12-31 | $5.86 Million | +7.25% |
| 2017-12-31 | $5.46 Million | -70.82% |
| 2016-12-31 | $18.72 Million | +976.27% |
| 2015-12-31 | $1.74 Million | -89.38% |
| 2014-12-31 | $16.38 Million | -29.17% |
| 2013-12-31 | $23.12 Million | -4.77% |
| 2012-12-31 | $24.28 Million | +15.22% |
| 2011-12-31 | $21.08 Million | +18.25% |
| 2010-12-31 | $17.82 Million | +21.93% |
| 2009-12-31 | $14.62 Million | +9.79% |
| 2008-12-31 | $13.31 Million | -18.71% |
| 2007-12-31 | $16.38 Million | +134.61% |
| 2006-12-31 | $6.98 Million | -- |