Globex Mining Enterprises Inc. Total Assets
Globex Mining Enterprises Inc. total assets. Based on the latest financial reports, Globex Mining Enterprises Inc. (GMX) holds total assets worth CA$38.91 Million CAD (≈ $28.15 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. Also see Globex Mining Enterprises Inc. market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Globex Mining Enterprises Inc. (1996–2024)
Total assets of Globex Mining Enterprises Inc. from 1996 to 2024. This chart illustrates how Globex Mining Enterprises Inc.'s total assets have evolved over time, based on quarterly financial data. See Globex Mining Enterprises Inc. share price for real-time trading data and today's change.
Globex Mining Enterprises Inc. - Asset Composition Analysis
Globex Mining Enterprises Inc. Total Assets Breakdown (December 2024)
Globex Mining Enterprises Inc. total assets breakdown as of December 2024. Globex Mining Enterprises Inc.'s total assets of CA$38.91 Million consist of 94.8% current assets and 5.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 26.4% |
| Accounts Receivable | CA$756.01K | 2.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$974.08K | 2.8% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1996–2024)
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. Explore Globex Mining Enterprises Inc. working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
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 50.0% in 1996.
- Cash Position: Cash and equivalents constituted 26.4% of total assets in 2024, up from 0.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 2.8% 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 |
|---|---|---|
|
Global Energy Metals Corp
V:GEMC
|
Canada | CA$4.46 Million |
|
BHP Group Ltd
AU:BHP
|
Australia | AU$116.09 Billion |
|
Rio Tinto Group
MX:RION
|
Mexico | MX$128.10 Billion |
|
Fortescue Ltd
AU:FMG
|
Australia | AU$31.37 Billion |
|
Lynas Rare Earths Limited
F:LYIC
|
Germany | €2.94 Billion |
|
Lynas Rare EARTHS Ltd
AU:LYC
|
Australia | AU$2.94 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Yunnan Tin Co Ltd
SHE:000960
|
China | CN¥36.70 Billion |
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 | CA$37.28 Million | CA$31.45 Million | CA$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 | 3.78 |
| Latest Market Cap to Assets Ratio | 2.36 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | CA$34.52 Million |
| Market Capitalization | $81.58 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Globex Mining Enterprises Inc.'s assets at a significant premium (2.36x), suggesting investors see substantial growth potential or unique competitive advantages.
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. (1996–2024)
The table below shows the annual total assets of Globex Mining Enterprises Inc. from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$34.52 Million ≈ $24.97 Million |
+6.46% |
| 2023-12-31 | CA$32.42 Million ≈ $23.45 Million |
+3.74% |
| 2022-12-31 | CA$31.25 Million ≈ $22.61 Million |
-16.67% |
| 2021-12-31 | CA$37.51 Million ≈ $27.13 Million |
+211.62% |
| 2020-12-31 | CA$12.04 Million ≈ $8.71 Million |
+107.60% |
| 2019-12-31 | CA$5.80 Million ≈ $4.19 Million |
-1.06% |
| 2018-12-31 | CA$5.86 Million ≈ $4.24 Million |
+7.25% |
| 2017-12-31 | CA$5.46 Million ≈ $3.95 Million |
-70.82% |
| 2016-12-31 | CA$18.72 Million ≈ $13.55 Million |
+9.03% |
| 2015-12-31 | CA$17.17 Million ≈ $12.42 Million |
-9.77% |
| 2014-12-31 | CA$19.03 Million ≈ $13.77 Million |
-22.52% |
| 2013-12-31 | CA$24.57 Million ≈ $17.77 Million |
+1.96% |
| 2012-12-31 | CA$24.09 Million ≈ $17.43 Million |
+12.11% |
| 2011-12-31 | CA$21.49 Million ≈ $15.55 Million |
+20.94% |
| 2010-12-31 | CA$17.77 Million ≈ $12.85 Million |
+15.55% |
| 2009-12-31 | CA$15.38 Million ≈ $11.12 Million |
-5.08% |
| 2008-12-31 | CA$16.20 Million ≈ $11.72 Million |
-0.75% |
| 2007-12-31 | CA$16.32 Million ≈ $11.81 Million |
+100.56% |
| 2006-12-31 | CA$8.14 Million ≈ $5.89 Million |
+113.53% |
| 2005-12-31 | CA$3.81 Million ≈ $2.76 Million |
+106.38% |
| 2004-12-31 | CA$1.85 Million ≈ $1.34 Million |
+13.77% |
| 2003-12-31 | CA$1.62 Million ≈ $1.17 Million |
-16.67% |
| 2002-12-31 | CA$1.95 Million ≈ $1.41 Million |
-19.54% |
| 2001-12-31 | CA$2.42 Million ≈ $1.75 Million |
+6.04% |
| 2000-12-31 | CA$2.28 Million ≈ $1.65 Million |
-4.85% |
| 1999-12-31 | CA$2.40 Million ≈ $1.74 Million |
-17.24% |
| 1998-12-31 | CA$2.90 Million ≈ $2.10 Million |
-91.05% |
| 1997-12-31 | CA$32.40 Million ≈ $23.44 Million |
+912.50% |
| 1996-12-31 | CA$3.20 Million ≈ $2.31 Million |
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About 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