Globex Mining Enterprises Inc. Working Capital to Net Assets Ratio
Globex Mining Enterprises Inc. working capital to net assets ratio. Globex Mining Enterprises Inc. (GMX) has a Working Capital to Net Assets ratio of 96.1% as of September 2025. Working capital of CA$37.28 Million (current assets of CA$37.42 Million minus current liabilities of CA$132.21K) is measured against net assets of CA$38.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Globex Mining Enterprises Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Globex Mining Enterprises Inc. (1996–2024)
Working capital to net assets ratio of Globex Mining Enterprises Inc. from 1996 to 2024. This chart shows how Globex Mining Enterprises Inc.'s Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 96.1%, reflecting working capital of CA$37.28 Million against net assets of CA$38.78 Million CAD. See GMX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Globex Mining Enterprises Inc. Working Capital to Net Assets Ratio by Year (1996–2024)
Globex Mining Enterprises Inc. working capital to net assets ratio by year from 1996 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Globex Mining Enterprises Inc. from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Globex Mining Enterprises Inc..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 94.7% | CA$31.89 Million | CA$33.67 Million | CA$32.74 Million | CA$848.51K | ▲ +7.4 pp |
| 2023 | 87.3% | CA$28.16 Million | CA$32.25 Million | CA$28.33 Million | CA$171.40K | ▲ +8.3 pp |
| 2022 | 79.0% | CA$24.54 Million | CA$31.05 Million | CA$24.75 Million | CA$209.83K | ▲ +1.1 pp |
| 2021 | 78.0% | CA$27.21 Million | CA$34.90 Million | CA$29.82 Million | CA$2.61 Million | ▼ -19.7 pp |
| 2020 | 97.7% | CA$10.63 Million | CA$10.89 Million | CA$10.82 Million | CA$185.83K | ▲ +0.9 pp |
| 2019 | 96.8% | CA$4.48 Million | CA$4.63 Million | CA$4.61 Million | CA$130.16K | ▲ +3.9 pp |
| 2018 | 92.9% | CA$4.23 Million | CA$4.55 Million | CA$4.61 Million | CA$376.52K | ▼ -2.9 pp |
| 2017 | 95.8% | CA$4.03 Million | CA$4.21 Million | CA$4.25 Million | CA$221.50K | ▲ +82.7 pp |
| 2016 | 13.1% | CA$2.15 Million | CA$16.41 Million | CA$2.43 Million | CA$282.12K | ▲ +4.3 pp |
| 2015 | 8.8% | CA$1.32 Million | CA$15.05 Million | CA$1.78 Million | CA$460.64K | ▼ -4.6 pp |
| 2014 | 13.4% | CA$2.23 Million | CA$16.64 Million | CA$2.49 Million | CA$256.23K | ▼ -0.8 pp |
| 2013 | 14.2% | CA$2.77 Million | CA$19.47 Million | CA$3.41 Million | CA$644.62K | ▼ -11.0 pp |
| 2012 | 25.2% | CA$4.45 Million | CA$17.66 Million | CA$6.70 Million | CA$2.25 Million | ▲ +1.5 pp |
| 2011 | 23.7% | CA$3.96 Million | CA$16.73 Million | CA$4.98 Million | CA$1.01 Million | ▲ +2.2 pp |
| 2010 | 21.6% | CA$2.93 Million | CA$13.61 Million | CA$3.91 Million | CA$982.03K | ▼ -4.8 pp |
| 2009 | 26.4% | CA$3.19 Million | CA$12.08 Million | CA$3.76 Million | CA$577.28K | ▼ -10.5 pp |
| 2008 | 36.9% | CA$4.48 Million | CA$12.15 Million | CA$5.53 Million | CA$1.06 Million | ▼ -24.3 pp |
| 2007 | 61.2% | CA$8.96 Million | CA$14.64 Million | CA$9.94 Million | CA$981.62K | ▼ -6.0 pp |
| 2006 | 67.2% | CA$5.35 Million | CA$7.96 Million | CA$5.53 Million | CA$178.25K | ▼ -3.5 pp |
| 2005 | 70.6% | CA$2.61 Million | CA$3.69 Million | CA$2.73 Million | CA$121.61K | ▲ +22.6 pp |
| 2004 | 48.1% | CA$819.91K | CA$1.71 Million | CA$961.56K | CA$141.65K | ▲ +26.0 pp |
| 2003 | 22.1% | CA$347.06K | CA$1.57 Million | CA$401.38K | CA$54.32K | ▲ +13.4 pp |
| 2002 | 8.7% | CA$166.00K | CA$1.91 Million | CA$200.41K | CA$34.41K | ▼ -0.9 pp |
| 2001 | 9.6% | CA$206.91K | CA$2.16 Million | CA$467.70K | CA$260.78K | ▼ -0.8 pp |
| 2000 | 10.4% | CA$205.09K | CA$1.98 Million | CA$486.78K | CA$281.68K | ▲ +4.5 pp |
| 1999 | 5.9% | CA$100.00K | CA$1.70 Million | CA$800.00K | CA$700.00K | ▼ -27.5 pp |
| 1998 | 33.3% | CA$900.00K | CA$2.70 Million | CA$1.10 Million | CA$200.00K | ▲ +24.9 pp |
| 1997 | 8.4% | CA$2.50 Million | CA$29.70 Million | CA$3.20 Million | CA$700.00K | ▲ +5.2 pp |
| 1996 | 3.2% | CA$100.00K | CA$3.10 Million | CA$1.60 Million | CA$1.50 Million | — |