Globe Metals Mining Stock Net Income

GBE Stock   0.04  0  2.38%   
Globe Metals Mining fundamentals help investors to digest information that contributes to Globe Metals' financial success or failures. It also enables traders to predict the movement of Globe Stock. The fundamental analysis module provides a way to measure Globe Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Globe Metals stock.
Last ReportedProjected for Next Year
Net Loss-3.4 M-3.6 M
Net Loss-3.1 M-3.2 M
Net Loss-3.1 M-3.2 M
Net Loss is likely to drop to about (3.6 M) in 2024. Net Loss is likely to drop to about (3.2 M) in 2024.
  
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Globe Metals Mining Company Net Income Analysis

Globe Metals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Globe Metals Net Income

    
  (3.43 M)  
Most of Globe Metals' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Globe Metals Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Globe Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

447,592

At this time, Globe Metals' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Globe Metals Mining reported net income of (3.43 Million). This is 71.47% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Australia stocks is 100.6% higher than that of the company.

Globe Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globe Metals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Globe Metals could also be used in its relative valuation, which is a method of valuing Globe Metals by comparing valuation metrics of similar companies.
Globe Metals is currently under evaluation in net income category among its peers.

Globe Fundamentals

About Globe Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Globe Metals Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globe Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globe Metals Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.