GLBXF (Globex Mining Enterprises) Interest Expense: $0.00 Mil (TTM As of Mar. 2026)

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GLBXF Globex Mining Enterprises Inc GLBXF
42 GF Score
Price $1.31
GF Value $0.60
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Globex Mining Enterprises Interest Expense?

Globex Mining Enterprises GLBXF -1.36% 42 Interest Expense is $0.00 Mil as of Mar. 2026. GuruFocus rates GLBXF with a GF Score™ of 42/100 and a GF Value™ of $0.60 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Globex Mining Enterprises's interest expense for the three months ended in Mar. 2026 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Globex Mining Enterprises's Operating Income for the three months ended in Mar. 2026 was $ -0.60 Mil. Globex Mining Enterprises's Interest Expense for the three months ended in Mar. 2026 was $ 0.00 Mil. Globex Mining Enterprises has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Globex Mining Enterprises  (OTCPK:GLBXF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Globex Mining Enterprises's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2026 was $-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $0.00 Mil.

Globex Mining Enterprises's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Globex Mining Enterprises had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Globex Mining Enterprises Inc has no debt.

Globex Mining Enterprises Interest Expense Historical Data

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The historical data trend for Globex Mining Enterprises's Interest Expense can be seen below:

* 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 Interest Expense Chart

Globex Mining Enterprises Annual Data
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Globex Mining Enterprises Quarterly Data
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GLBXF
42GF Score
Globex Mining Enterprises Inc GLBXF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Globex Mining Enterprises Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Globex Mining Enterprises (GLBXF) has a Interest Expense of $0.00 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Globex Mining Enterprises and its competitors.
Is Globex Mining Enterprises' Interest Expense too high?
Globex Mining Enterprises' current Interest Expense is $0.00 Mil. Overall, Globex Mining Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globex Mining Enterprises' Interest Expense compare to competitors?
Globex Mining Enterprises' Interest Expense of $0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Globex Mining Enterprises and its competitors. Globex Mining Enterprises's current Interest Expense is $0.00 Mil. 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 Significantly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $1.31 — trading 118.2% above its estimated fair value. The current Interest Expense is $0.00 Mil. Globex Mining Enterprises' overall GF Score™ is 42/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Globex Mining Enterprises (GLBXF), the current Interest Expense is $0.00 Mil as of Mar. 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 $1.31 is trading 118.2% above its estimated GF Value™ of $0.60. GuruFocus considers Globex Mining Enterprises to be Significantly Overvalued.

Key valuation signals for GLBXF:

  • Interest Expense: $0.00 Mil
  • GF Value™: $0.60 vs. price of $1.31 (118.2% above fair value)
  • GF Score™: 42/100 with 2 warning signs

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 Business Description

Other Exchanges G1MN:GermanyGMX:Canada
Address 89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
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.
42GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.31
Price
$0.60
GF Value