Globex Mining Enterprises Stock Total Asset

GMX Stock  CAD 0.94  0.03  3.09%   
Globex Mining Enterprises fundamentals help investors to digest information that contributes to Globex Mining's financial success or failures. It also enables traders to predict the movement of Globex Stock. The fundamental analysis module provides a way to measure Globex Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Globex Mining stock.
Last ReportedProjected for Next Year
Total Assets35.9 M37.7 M
Intangibles To Total Assets(0.08)(0.08)
As of the 1st of May 2024, Total Assets is likely to grow to about 37.7 M, while Intangibles To Total Assets are likely to drop (0.08).
  
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Globex Mining Enterprises Company Total Asset Analysis

Globex Mining's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Globex Mining Total Asset

    
  31.25 M  
Most of Globex Mining's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Globex Mining Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Globex Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Globex Mining is extremely important. It helps to project a fair market value of Globex Stock properly, considering its historical fundamentals such as Total Asset. Since Globex Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Globex Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Globex Mining's interrelated accounts and indicators.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Globex Total Assets

Total Assets

37.74 Million

At this time, Globex Mining's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Globex Mining Enterprises has a Total Asset of 31.25 M. This is 99.82% lower than that of the Metals & Mining sector and 99.95% lower than that of the Materials industry. The total asset for all Canada stocks is 99.89% higher than that of the company.

Globex Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globex Mining's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Globex Mining could also be used in its relative valuation, which is a method of valuing Globex Mining by comparing valuation metrics of similar companies.
Globex Mining is currently under evaluation in total asset category among related companies.

Globex Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of Globex Mining from analyzing Globex Mining's financial statements. These drivers represent accounts that assess Globex Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Globex Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap19.1M37.7M60.7M38.3M51.5M54.1M
Enterprise Value17.4M33.0M48.6M36.8M48.1M50.5M

Globex Fundamentals

About Globex Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Globex Mining Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globex Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globex Mining Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Globex Stock analysis

When running Globex Mining's price analysis, check to measure Globex Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globex Mining is operating at the current time. Most of Globex Mining's value examination focuses on studying past and present price action to predict the probability of Globex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globex Mining's price. Additionally, you may evaluate how the addition of Globex Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Globex Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globex Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globex Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.