Globex Mining Enterprises Inc. (GMX) - 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. Check GMX capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Globex Mining Enterprises Inc. - Total Assets Trend (1996–2024)
This chart illustrates how Globex Mining Enterprises Inc.'s total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Globex Mining Enterprises Inc. to see how much of total assets are deployed in long-term investments.
Globex Mining Enterprises Inc. - Asset Composition Analysis
Current Asset Composition (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. For live market cap, price, and company overview, see GMX stock market capitalisation.
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 |
|---|---|---|
|
ST.GEORGE MINING LTD
F:S0G
|
Germany | €3.06 Million |
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
|
China | CN¥3.49 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc. Common Shares
NASDAQ:ALM
|
USA | $589.73 Million |
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 | 2.38 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | CA$34.52 Million |
| Market Capitalization | $81.99 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Globex Mining Enterprises Inc.'s assets at a significant premium (2.38x), 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