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Globex Mining EnterprisesGLBXF +1.39%65 Equity-to-Asset is 0.99 as of Jun. 2026, which is 6% above its 10-year median of 0.93. GuruFocus rates GLBXF with a GF Score™ of 65/100 and a GF Value™ of $1.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,671 Metals & Mining companies, Globex Mining Enterprises ranks better than 97.79% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Globex Mining Enterprises Equity-to-Asset Related Terms
Globex Mining Enterprises Equity-to-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Globex Mining Enterprises Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Globex Mining Enterprises's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Globex Mining Enterprises's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Globex Mining Enterprises's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Globex Mining Enterprises (GLBXF) has a Equity-to-Asset of 0.99 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Globex Mining Enterprises and its competitors. This is near median its historical median of 0.93. Over the past decade, Globex Mining Enterprises' Equity-to-Asset has ranged from 0.71 to 1.00. According to the industry distribution chart, Globex Mining Enterprises ranks #59 out of 2671 companies in the Metals & Mining industry, placing it in the top 2.2%.
Is Globex Mining Enterprises' Equity-to-Asset too high?
Globex Mining Enterprises' current Equity-to-Asset of 0.99 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.00. The Metals & Mining industry median Equity-to-Asset is 0.80. Globex Mining Enterprises' value of 0.99 is 23.8% above this industry median. Based on the distribution chart, Globex Mining Enterprises ranks #59 out of 2671 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Globex Mining Enterprises has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globex Mining Enterprises' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Globex Mining Enterprises ranks #59 out of 2671 companies for Equity-to-Asset. This places Globex Mining Enterprises in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Globex Mining Enterprises' value of 0.99 is 23.8% above this benchmark. Historically, Globex Mining Enterprises' own Equity-to-Asset has ranged from 0.71 to 1.00 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.80, Globex Mining Enterprises has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,671 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globex Mining Enterprises's current Equity-to-Asset of 0.99 is 23.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Globex Mining Enterprises and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globex Mining Enterprises's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globex Mining Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Globex Mining Enterprises (GLBXF) is currently considered Fairly Valued. The stock's GF Value™ is $1.37, compared to a current price of $1.46 — trading 6.6% above its estimated fair value. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 0.93 and 23.8% above the Metals & Mining industry median of 0.80. Globex Mining Enterprises' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Globex Mining Enterprises (GLBXF), the current Equity-to-Asset is 0.99 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Globex Mining Enterprises (GLBXF) Overvalued in 2026?
Based on GuruFocus' analysis, Globex Mining Enterprises stock appears to be overvalued.
The current stock price of $1.46 is trading 6.6% above its estimated GF Value™ of $1.37.
GuruFocus considers Globex Mining Enterprises to be Fairly Valued.
Key valuation signals for GLBXF:
Equity-to-Asset: 0.99 (near median its 10-year median of 0.93)
GF Value™: $1.37 vs. price of $1.46 (6.6% above fair value)
Industry Position: 23.8% above the Metals & Mining median (#59 of 2671)
No single metric tells the full story. See the GLBXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is focused on exploration and development property bank which operates under the project generator business mode. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development, and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
65GF Score
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