Globe Historical Balance Sheet
GBE Stock | 0.04 0 2.38% |
Trend analysis of Globe Metals Mining balance sheet accounts such as Total Current Liabilities of 433.8 K or Total Stockholder Equity of 21.3 M provides information on Globe Metals' total assets, liabilities, and equity, which is the actual value of Globe Metals Mining to its prevalent stockholders. By breaking down trends over time using Globe Metals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Globe Metals Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Globe Metals Mining is a good buy for the upcoming year.
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About Globe Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Globe Metals Mining at a specified time, usually calculated after every quarter, six months, or one year. Globe Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Globe Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Globe currently owns. An asset can also be divided into two categories, current and non-current.
Globe Metals Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Globe Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globe Metals Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Globe Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Globe Metals Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash
Cash refers to the most liquid asset of Globe Metals Mining, which is listed under current asset account on Globe Metals Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Globe Metals customers. The amounts must be unrestricted with restricted cash listed in a different Globe Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from Globe Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Globe Metals Mining current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Metals Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Globe Metals' Total Liabilities is comparatively stable compared to the past year. Common Stock is likely to gain to about 94.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 21.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 302K | 114K | 30K | 28.5K | Total Assets | 30.9M | 30.9M | 33.0M | 21.9M |
Globe Metals balance sheet Correlations
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Globe Metals 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 | |
Total Current Liabilities | 312K | 382K | 1.4M | 967K | 275K | 433.8K | |
Total Stockholder Equity | 33.7M | 32.3M | 29.5M | 29.9M | 32.7M | 21.3M | |
Property Plant And Equipment Net | 183K | 294K | 286K | 102K | 31.7M | 33.3M | |
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 | |
Non Current Assets Total | 28.6M | 29.7M | 30.3M | 30.5M | 31.7M | 33.3M | |
Cash And Short Term Investments | 5.2M | 2.8M | 431K | 244K | 1.1M | 1.1M | |
Net Receivables | 84K | 57K | 50K | 108K | 88K | 116.2K | |
Liabilities And Stockholders Equity | 34.0M | 32.7M | 30.9M | 30.9M | 33.0M | 36.4M | |
Other Current Assets | 116K | 104K | 114K | 50K | 57K | 63.9K | |
Total Liab | 312K | 404K | 1.4M | 967K | 275K | 434.8K | |
Property Plant And Equipment Gross | 28.5M | 30.3M | 30.9M | 30.8M | 35.5M | 23.7M | |
Total Current Assets | 5.4M | 3.0M | 595K | 402K | 1.3M | 1.2M | |
Accumulated Other Comprehensive Income | 34K | 18K | (10K) | 129K | 511K | 447.6K | |
Property Plant Equipment | 28.5M | 29.7M | 30.2M | 30.5M | 35.0M | 23.6M | |
Inventory | 63K | 61K | 66K | 8K | (88K) | (83.6K) | |
Non Currrent Assets Other | 28.3M | 29.4M | 30.0M | 30.4M | 34.9M | 36.7M | |
Net Tangible Assets | 33.7M | 32.3M | 29.5M | 29.9M | 26.9M | 29.7M | |
Long Term Investments | 68K | 52K | 24K | 12K | 10.8K | 10.3K | |
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) |
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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.