Globe Metals Financials
| GBE Stock | 0.04 0 2.38% |
Return On Equity (0.11) |
Globe | Select Account or Indicator |
Understanding current and past Globe Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Globe Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Globe Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Globe Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globe Metals Mining. Check Globe Metals' Beneish M Score to see the likelihood of Globe Metals' management manipulating its earnings.
Globe Metals Stock Summary
Globe Metals competes with Cleanaway Waste, Microequities Asset, Australian Agricultural, Autosports, and Ora Banda. Globe Metals is entity of Australia. It is traded as Stock on AU exchange.| Foreign Associate | Canada |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Australia Stock View All |
| Exchange | Australian Securities Exchange |
| ISIN | AU000000GBE0 |
| Business Address | 45 Ventnor Avenue, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.globemm.com |
| Phone | 61 8 6118 7240 |
You should never invest in Globe Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Globe Stock, because this is throwing your money away. Analyzing the key information contained in Globe Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Globe Metals Key Financial Ratios
Globe Metals' financial ratios allow both analysts and investors to convert raw data from Globe Metals' financial statements into concise, actionable information that can be used to evaluate the performance of Globe Metals over time and compare it to other companies across industries.| Revenue | (2 K) | ||||
| Gross Profit | 2 K | ||||
| EBITDA | (2.69 M) | ||||
| Net Income | (3.43 M) | ||||
| Total Asset | 33.02 M |
Globe Metals Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 34.0M | 32.7M | 30.9M | 30.9M | 33.0M | 21.9M | |
| Other Current Liab | 250K | 337K | 302K | 114K | 30K | 28.5K | |
| Net Debt | (5.2M) | (2.8M) | 616.0K | 581K | (1.1M) | (1.2M) | |
| Retained Earnings | (47.1M) | (48.5M) | (51.2M) | (53.9M) | (57.3M) | (54.5M) | |
| Accounts Payable | 62K | 21K | 10K | 28K | 245K | 257.3K | |
| Cash | 5.2M | 2.8M | 431K | 244K | 1.1M | 1.1M | |
| Net Receivables | 84K | 57K | 50K | 108K | 88K | 116.2K | |
| Other Current Assets | 116K | 104K | 114K | 50K | 57K | 63.9K | |
| Total Liab | 312K | 404K | 1.4M | 967K | 275K | 434.8K | |
| Total Current Assets | 5.4M | 3.0M | 595K | 402K | 1.3M | 1.2M | |
| Inventory | 63K | 61K | 66K | 8K | (88K) | (83.6K) | |
| Net Tangible Assets | 33.7M | 32.3M | 29.5M | 29.9M | 26.9M | 29.7M | |
| Cash And Equivalents | 9.3M | 7.4M | 5.2M | 2.8M | 2.5M | 2.4M | |
| Net Invested Capital | 33.7M | 32.3M | 30.5M | 30.7M | 27.7M | 27.1M | |
| Net Working Capital | 5.1M | 2.6M | (764K) | (565K) | (508.5K) | (483.1K) |
Globe Metals Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (2.2M) | (2.4M) | (2.4M) | (187K) | 903K | 948.2K | |
| Free Cash Flow | (2.2M) | (2.3M) | (3.8M) | (2.8M) | (4.1M) | (4.3M) | |
| Depreciation | 13K | 17K | 60K | 22K | 21K | 20.0K | |
| Other Non Cash Items | (49K) | (96K) | 416K | 1.0M | 50K | 52.5K | |
| Capital Expenditures | 794K | 1.1M | 1.5M | 754K | 1.3M | 1.0M | |
| Net Income | (1.4M) | (1.4M) | (2.8M) | (2.7M) | (3.4M) | (3.6M) | |
| End Period Cash Flow | 5.2M | 2.8M | 431K | 244K | 1.1M | 1.1M | |
| Investments | (794K) | (1.1M) | (1.0M) | (428K) | (492.2K) | (516.8K) |
Globe Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Globe Metals's current stock value. Our valuation model uses many indicators to compare Globe Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Globe Metals competition to find correlations between indicators driving Globe Metals's intrinsic value. More Info.Globe Metals Mining is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Globe Metals' earnings, one of the primary drivers of an investment's value.Globe Metals Mining Systematic Risk
Globe Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Globe Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Globe Metals Mining correlated with the market. If Beta is less than 0 Globe Metals generally moves in the opposite direction as compared to the market. If Globe Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Globe Metals Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Globe Metals is generally in the same direction as the market. If Beta > 1 Globe Metals moves generally in the same direction as, but more than the movement of the benchmark.
Globe Metals Mining Total Assets Over Time
Globe Metals Thematic Clasifications
Globe Metals Mining is part of Silver investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Silver mining and silver goods production. Companies involved in mining, production, and distribution of silver and silver goods
This theme covers Silver mining and silver goods production. Companies involved in mining, production, and distribution of silver and silver goods. Get More Thematic Ideas
| Silver | View |
Globe Metals December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Globe Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Globe Metals Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Globe Metals Mining based on widely used predictive technical indicators. In general, we focus on analyzing Globe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Globe Metals's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 24.62 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 7.32 |
Additional Tools for Globe Stock Analysis
When running Globe Metals' price analysis, check to measure Globe Metals' 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 Globe Metals is operating at the current time. Most of Globe Metals' value examination focuses on studying past and present price action to predict the probability of Globe Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Metals' price. Additionally, you may evaluate how the addition of Globe Metals to your portfolios can decrease your overall portfolio volatility.