Globex Non Current Assets Total vs Total Assets Analysis

GMX Stock

CAD 0.98 0.03 3.16%

Globex Mining financial indicator trend analysis is much more than just examining Globex Mining Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globex Mining Enterprises is a good investment. Please check the relationship between Globex Mining Non Current Assets Total and its Total Assets accounts. 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.

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globex Mining Enterprises Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Globex Mining's Non Current Assets Total and Total Assets is 0.42. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Globex Mining Enterprises, assuming nothing else is changed. The correlation between historical values of Globex Mining's Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Globex Mining Enterprises are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., Globex Mining's Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Assets

Total assets refers to the total amount of Globex Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globex Mining Enterprises books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Globex Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globex Mining Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

As of the 4th of June 2024, Enterprise Value is likely to grow to about 50.5 M, while Selling General Administrative is likely to drop about 1.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	35.2M	1.9M	1.3M	1.2M
Total Revenue	35.3M	2.0M	1.4M	1.3M

Gross Profit Total Revenue

Globex Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Net Debt	Accounts Payable	Cash	Other Current Assets	Common Stock Total Equity	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.23	0.99	0.11	0.42	0.42	0.42	0.76	0.64	0.42	0.77	-0.04	0.1	0.12	0.42	0.81	0.56	-0.3	-0.01	0.32	0.54	0.56	0.48	-0.08	0.83	0.3
Total Current Liabilities	0.23		0.15	0.22	0.5	0.19	0.2	0.08	-0.06	-0.42	-0.07	0.19	0.25	0.5	0.22	0.12	0.3	-0.51	0.59	0.51	0.54	-0.36	-0.41	0.48	0.25	0.59
Total Stockholder Equity	0.99	0.15		-0.01	0.43	0.3	0.3	0.84	0.66	0.5	0.85	-0.19	-0.03	-0.05	0.32	0.87	0.49	-0.31	-0.12	0.33	0.46	0.6	0.56	-0.18	0.86	0.29
Property Plant And Equipment Net	0.11	0.22	-0.01		0.14	0.93	0.91	-0.53	-0.14	-0.6	-0.47	0.81	0.75	0.74	0.93	-0.48	0.06	0.41	0.56	-0.42	0.24	-0.37	-0.52	0.54	-0.2	-0.28
Retained Earnings	0.42	0.5	0.43	0.14		0.14	0.12	0.35	0.29	-0.37	0.39	-0.17	0.07	-0.07	0.31	0.36	-0.31	-0.05	0.37	0.05	0.17	-0.3	-0.27	0.45	0.66	0.09
Non Current Assets Total	0.42	0.19	0.3	0.93	0.14		0.99	-0.26	0.05	-0.34	-0.21	0.78	0.73	0.75	0.96	-0.2	0.29	0.29	0.42	-0.3	0.41	-0.09	-0.26	0.43	0.04	-0.17
Non Currrent Assets Other	0.42	0.2	0.3	0.91	0.12	0.99		-0.25	0.02	-0.32	-0.21	0.78	0.73	0.76	0.93	-0.19	0.34	0.24	0.39	-0.25	0.44	-0.06	-0.24	0.41	0.04	-0.12
Cash And Short Term Investments	0.76	0.08	0.84	-0.53	0.35	-0.26	-0.25		0.61	0.68	0.96	-0.61	-0.43	-0.43	-0.22	0.99	0.37	-0.54	-0.36	0.56	0.21	0.64	0.69	-0.4	0.84	0.44
Net Receivables	0.64	-0.06	0.66	-0.14	0.29	0.05	0.02	0.61		0.35	0.75	-0.13	0.01	-0.11	0.14	0.66	0.07	0.17	0.21	-0.15	0.37	0.57	0.5	0.0	0.73	-0.28
Common Stock Shares Outstanding	0.42	-0.42	0.5	-0.6	-0.37	-0.34	-0.32	0.68	0.35		0.66	-0.56	-0.57	-0.51	-0.4	0.67	0.46	-0.36	-0.72	0.37	0.06	0.85	0.92	-0.85	0.29	0.28
Short Term Investments	0.77	-0.07	0.85	-0.47	0.39	-0.21	-0.21	0.96	0.75	0.66		-0.58	-0.4	-0.48	-0.14	0.96	0.21	-0.29	-0.31	0.31	0.18	0.66	0.71	-0.36	0.87	0.19
Non Current Liabilities Total	-0.04	0.19	-0.19	0.81	-0.17	0.78	0.78	-0.61	-0.13	-0.56	-0.58		0.86	0.93	0.67	-0.55	0.17	0.35	0.6	-0.36	0.29	-0.26	-0.49	0.66	-0.29	-0.3
Other Stockholder Equity	0.1	0.25	-0.03	0.75	0.07	0.73	0.73	-0.43	0.01	-0.57	-0.4	0.86		0.81	0.67	-0.37	0.13	0.28	0.56	-0.29	0.31	-0.28	-0.49	0.76	0.01	-0.25
Total Liab	0.12	0.5	-0.05	0.74	-0.07	0.75	0.76	-0.43	-0.11	-0.51	-0.48	0.93	0.81		0.64	-0.36	0.4	0.04	0.66	-0.06	0.5	-0.23	-0.46	0.64	-0.16	0.02
Property Plant And Equipment Gross	0.42	0.22	0.32	0.93	0.31	0.96	0.93	-0.22	0.14	-0.4	-0.14	0.67	0.67	0.64		-0.16	0.14	0.35	0.51	-0.36	0.33	-0.18	-0.33	0.46	0.12	-0.23
Total Current Assets	0.81	0.12	0.87	-0.48	0.36	-0.2	-0.19	0.99	0.66	0.67	0.96	-0.55	-0.37	-0.36	-0.16		0.41	-0.51	-0.29	0.53	0.31	0.65	0.69	-0.36	0.87	0.42
Other Current Liab	0.56	0.3	0.49	0.06	-0.31	0.29	0.34	0.37	0.07	0.46	0.21	0.17	0.13	0.4	0.14	0.41		-0.65	-0.17	0.65	0.51	0.5	0.4	-0.28	0.19	0.65
Net Debt	-0.3	-0.51	-0.31	0.41	-0.05	0.29	0.24	-0.54	0.17	-0.36	-0.29	0.35	0.28	0.04	0.35	-0.51	-0.65		0.29	-1.0	-0.15	-0.18	-0.23	0.28	-0.28	-0.94
Accounts Payable	-0.01	0.59	-0.12	0.56	0.37	0.42	0.39	-0.36	0.21	-0.72	-0.31	0.6	0.56	0.66	0.51	-0.29	-0.17	0.29		-0.3	0.37	-0.46	-0.61	0.78	0.02	-0.28
Cash	0.32	0.51	0.33	-0.42	0.05	-0.3	-0.25	0.56	-0.15	0.37	0.31	-0.36	-0.29	-0.06	-0.36	0.53	0.65	-1.0	-0.3		0.16	0.2	0.25	-0.29	0.3	0.94
Other Current Assets	0.54	0.54	0.46	0.24	0.17	0.41	0.44	0.21	0.37	0.06	0.18	0.29	0.31	0.5	0.33	0.31	0.51	-0.15	0.37	0.16		0.23	0.13	0.14	0.36	0.28
Common Stock Total Equity	0.56	-0.36	0.6	-0.37	-0.3	-0.09	-0.06	0.64	0.57	0.85	0.66	-0.26	-0.28	-0.23	-0.18	0.65	0.5	-0.18	-0.46	0.2	0.23		0.96	-0.58	0.4	0.09
Common Stock	0.48	-0.41	0.56	-0.52	-0.27	-0.26	-0.24	0.69	0.5	0.92	0.71	-0.49	-0.49	-0.46	-0.33	0.69	0.4	-0.23	-0.61	0.25	0.13	0.96		-0.74	0.37	0.15
Other Liab	-0.08	0.48	-0.18	0.54	0.45	0.43	0.41	-0.4	0.0	-0.85	-0.36	0.66	0.76	0.64	0.46	-0.36	-0.28	0.28	0.78	-0.29	0.14	-0.58	-0.74		0.09	-0.26
Net Tangible Assets	0.83	0.25	0.86	-0.2	0.66	0.04	0.04	0.84	0.73	0.29	0.87	-0.29	0.01	-0.16	0.12	0.87	0.19	-0.28	0.02	0.3	0.36	0.4	0.37	0.09		0.21
Other Assets	0.3	0.59	0.29	-0.28	0.09	-0.17	-0.12	0.44	-0.28	0.28	0.19	-0.3	-0.25	0.02	-0.23	0.42	0.65	-0.94	-0.28	0.94	0.28	0.09	0.15	-0.26	0.21

Click cells to compare fundamentals

Globex Mining Account Relationship Matchups

Globex Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8M	12.0M	37.5M	31.3M	35.9M	37.7M
Total Current Liabilities	130.2K	185.8K	2.6M	209.8K	241.3K	229.2K
Total Stockholder Equity	4.6M	10.9M	34.9M	31.0M	35.7M	37.5M
Property Plant And Equipment Net	399.5K	389.7K	847.8K	929.8K	836.9K	795.0K
Retained Earnings	(56.2M)	(50.2M)	(26.5M)	(30.6M)	(27.6M)	(28.9M)
Non Current Assets Total	1.2M	1.2M	7.7M	6.5M	7.5M	8.6M
Non Currrent Assets Other	781.8K	821.6K	6.8M	5.5M	6.3M	4.9M
Cash And Short Term Investments	3.0M	10.5M	26.7M	21.6M	24.9M	26.1M
Net Receivables	277.0K	221.6K	132.6K	1.1M	1.3M	1.4M
Common Stock Shares Outstanding	52.9M	55.3M	56.8M	55.5M	63.9M	67.1M
Short Term Investments	1.4M	5.7M	14.6M	20.1M	23.1M	24.3M
Liabilities And Stockholders Equity	5.8M	12.0M	37.5M	31.3M	35.9M	37.7M
Non Current Liabilities Total	1.0M	964.3K	109.3K	154.6K	139.1K	132.2K
Other Stockholder Equity	4.9M	5.0M	4.9M	5.0M	4.5M	4.2M
Total Liab	1.2M	1.2M	2.6M	209.8K	241.3K	229.2K
Property Plant And Equipment Gross	399.5K	389.7K	1.6M	1.7M	1.6M	2.7M
Total Current Assets	4.6M	10.8M	29.8M	24.7M	28.5M	29.9M
Other Current Liab	32.1K	39.3K	2.5M	55.2K	63.5K	62.0K
Net Debt	(1.6M)	(4.7M)	(12.1M)	(1.5M)	(1.4M)	(1.4M)
Accounts Payable	98.0K	146.5K	109.3K	154.6K	139.1K	273.2K
Cash	1.6M	4.8M	12.1M	1.5M	1.8M	1.6M
Accumulated Other Comprehensive Income	(674.5K)	(701.6K)	(674.9K)	(708.3K)	(637.4K)	(605.6K)
Other Current Assets	1.2M	0.0	3.0M	1.9M	2.2M	1.1M
Common Stock Total Equity	55.9M	55.7M	55.9M	56.1M	64.5M	59.3M
Common Stock	55.9M	56.1M	56.5M	56.7M	65.2M	59.4M
Other Liab	973.5K	862.0K	1.0M	913.2K	821.9K	1.1M
Net Tangible Assets	4.6M	4.6M	10.9M	34.9M	40.1M	42.1M
Other Assets	781.8K	821.6K	6.7M	159.9K	183.8K	174.6K
Long Term Investments	8.5K	7.6K	5.6K	128.7K	115.8K	121.6K
Property Plant Equipment	399.5K	389.7K	1.0M	929.8K	836.9K	795.0K
Capital Surpluse	4.9M	5.0M	4.9M	5.0M	5.7M	5.3M
Net Invested Capital	4.6M	10.9M	34.9M	31.0M	35.7M	37.5M
Net Working Capital	4.5M	10.6M	27.2M	24.5M	28.2M	29.6M
Capital Stock	55.9M	56.1M	56.5M	56.7M	65.2M	61.8M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Globex Stock

Balance Sheet is a snapshot of the financial position of Globex Mining Enterprises at a specified time, usually calculated after every quarter, six months, or one year. Globex Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Globex Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Globex currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Globex Non Current Assets Total vs Total Assets Analysis

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Assets

Globex Mining fundamental ratios Correlations

Globex Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Globex Mining fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Other Information on Investing in Globex Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.96	Non Current Assets Total
Short Term Investments	+ 0.96	Cash And Short Term Investments
Total Current Assets	+ 0.96	Short Term Investments

Cash	- 1.0	Net Debt
Other Assets	- 0.94	Net Debt
Other Liab	- 0.85	Common Stock Shares Outstanding
Other Liab	- 0.74	Common Stock
Accounts Payable	- 0.72	Common Stock Shares Outstanding
Net Debt	- 0.65	Other Current Liab