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Globex Mining Enterprises (TSX:GMX) Scaled Net Operating Assets : 0.14 (As of Sep. 2024)


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What is Globex Mining Enterprises Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Globex Mining Enterprises's operating assets for the quarter that ended in Sep. 2024 was C$5.00 Mil. Globex Mining Enterprises's operating liabilities for the quarter that ended in Sep. 2024 was C$0.36 Mil. Globex Mining Enterprises's Total Assets for the quarter that ended in Jun. 2024 was C$34.04 Mil. Therefore, Globex Mining Enterprises's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.14.


Globex Mining Enterprises Scaled Net Operating Assets Historical Data

The historical data trend for Globex Mining Enterprises's Scaled Net Operating Assets 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.

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Globex Mining Enterprises Scaled Net Operating Assets Chart

Globex Mining Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.08 0.68 0.25 0.24

Globex Mining Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.27 0.23 0.14 0.14

Competitive Comparison of Globex Mining Enterprises's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Globex Mining Enterprises's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Globex Mining Enterprises's Scaled Net Operating Assets falls into.



Globex Mining Enterprises Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Globex Mining Enterprises's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(7.798-0.171)/31.255
=0.24

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.424 - 24.626
=7.798

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.171 - 0 - 0
=0.171

Globex Mining Enterprises's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(4.998-0.364)/34.04
=0.14

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33.401 - 28.403
=4.998

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.364 - 0 - 0
=0.364

* 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 Scaled Net Operating Assets Related Terms

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Globex Mining Enterprises Business Description

Traded in Other Exchanges
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.
Executives
Chris Bryan Director
Ian Atkinson Director
Jack Stoch Director, Senior Officer
Johannes Henricus Cornelis Van Hoof Director
Globex Mining Enterprises Inc. Issuer
Dianne Stoch Director, Senior Officer

Globex Mining Enterprises Headlines

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