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.

Cash Flow Balance Sheet Income Statement

Covid

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.

Globe Metals Inventory

(83,600)

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.

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

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.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Accounts Payable Total Liab

Add Fundamental

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.

Accounts Payable

An accounting item on the balance sheet that represents Globe Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Globe Metals Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	302K	114K	30K	28.5K
Total Assets	30.9M	30.9M	33.0M	21.9M

Other Current Liab Total Assets

Globe Metals balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Short Term Investments	Inventory	Non Currrent Assets Other	Net Tangible Assets	Other Stockholder Equity	Long Term Investments
Total Assets		0.76	0.83	1.0	0.54	-0.64	-0.74	0.63	0.65	0.86	0.65	0.44	0.12	0.25	0.88	0.83	0.12	0.66	0.89	0.11	0.07	0.76	0.51	-0.16	-0.2	-0.03
Other Current Liab	0.76		0.83	0.75	0.39	-0.95	-0.15	0.66	0.95	0.36	0.95	0.68	-0.06	-0.2	0.97	0.83	-0.16	0.95	0.42	-0.16	0.28	0.75	-0.14	0.41	-0.58	0.28
Total Current Liabilities	0.83	0.83		0.82	0.35	-0.71	-0.46	0.61	0.74	0.59	0.74	0.53	0.02	0.04	0.88	1.0	-0.04	0.74	0.64	-0.05	0.26	0.72	0.22	0.05	-0.33	-0.11
Total Stockholder Equity	1.0	0.75	0.82		0.55	-0.63	-0.75	0.63	0.65	0.86	0.65	0.43	0.12	0.25	0.88	0.82	0.12	0.65	0.89	0.11	0.06	0.76	0.52	-0.16	-0.2	-0.02
Property Plant And Equipment Net	0.54	0.39	0.35	0.55		-0.4	-0.45	0.71	0.39	0.56	0.39	0.4	0.01	0.26	0.48	0.35	0.07	0.39	0.57	0.07	0.33	0.23	0.31	-0.08	-0.2	-0.4
Net Debt	-0.64	-0.95	-0.71	-0.63	-0.4		0.0	-0.78	-1.0	-0.19	-1.0	-0.72	0.16	0.26	-0.89	-0.71	0.32	-1.0	-0.28	0.31	-0.32	-0.64	0.24	-0.5	0.63	-0.31
Retained Earnings	-0.74	-0.15	-0.46	-0.75	-0.45	0.0		-0.31	-0.02	-0.97	-0.02	0.02	-0.23	-0.61	-0.38	-0.46	-0.34	-0.02	-0.96	-0.32	0.17	-0.39	-0.95	0.68	-0.3	0.38
Accounts Payable	0.63	0.66	0.61	0.63	0.71	-0.78	-0.31		0.78	0.41	0.78	0.6	-0.05	0.11	0.72	0.61	-0.19	0.78	0.52	-0.19	0.31	0.39	0.17	0.08	-0.33	-0.17
Cash	0.65	0.95	0.74	0.65	0.39	-1.0	-0.02	0.78		0.21	1.0	0.72	-0.16	-0.26	0.9	0.74	-0.31	1.0	0.3	-0.31	0.32	0.65	-0.23	0.49	-0.62	0.29
Non Current Assets Total	0.86	0.36	0.59	0.86	0.56	-0.19	-0.97	0.41	0.21		0.21	0.14	0.19	0.52	0.57	0.59	0.3	0.22	0.99	0.28	-0.09	0.54	0.84	-0.53	0.14	-0.29
Cash And Short Term Investments	0.65	0.95	0.74	0.65	0.39	-1.0	-0.02	0.78	1.0	0.21		0.72	-0.16	-0.26	0.9	0.74	-0.31	1.0	0.3	-0.31	0.32	0.65	-0.23	0.49	-0.62	0.29
Net Receivables	0.44	0.68	0.53	0.43	0.4	-0.72	0.02	0.6	0.72	0.14	0.72		0.02	0.01	0.63	0.53	-0.05	0.72	0.19	-0.04	0.31	0.27	-0.22	0.4	-0.26	0.01
Common Stock Total Equity	0.12	-0.06	0.02	0.12	0.01	0.16	-0.23	-0.05	-0.16	0.19	-0.16	0.02		0.42	0.02	0.02	0.95	-0.15	0.17	0.95	-0.31	-0.22	0.23	-0.44	0.53	-0.15
Common Stock Shares Outstanding	0.25	-0.2	0.04	0.25	0.26	0.26	-0.61	0.11	-0.26	0.52	-0.26	0.01	0.42		-0.02	0.05	0.52	-0.25	0.51	0.51	-0.49	-0.23	0.68	-0.61	0.45	-0.31
Other Current Assets	0.88	0.97	0.88	0.88	0.48	-0.89	-0.38	0.72	0.9	0.57	0.9	0.63	0.02	-0.02		0.88	-0.06	0.9	0.62	-0.06	0.19	0.78	0.11	0.21	-0.44	0.2
Total Liab	0.83	0.83	1.0	0.82	0.35	-0.71	-0.46	0.61	0.74	0.59	0.74	0.53	0.02	0.05	0.88		-0.04	0.74	0.65	-0.05	0.26	0.73	0.23	0.05	-0.33	-0.11
Property Plant And Equipment Gross	0.12	-0.16	-0.04	0.12	0.07	0.32	-0.34	-0.19	-0.31	0.3	-0.31	-0.05	0.95	0.52	-0.06	-0.04		-0.31	0.23	1.0	-0.28	-0.27	0.33	-0.48	0.54	-0.23
Total Current Assets	0.66	0.95	0.74	0.65	0.39	-1.0	-0.02	0.78	1.0	0.22	1.0	0.72	-0.15	-0.25	0.9	0.74	-0.31		0.31	-0.3	0.32	0.65	-0.22	0.49	-0.62	0.29
Common Stock	0.89	0.42	0.64	0.89	0.57	-0.28	-0.96	0.52	0.3	0.99	0.3	0.19	0.17	0.51	0.62	0.65	0.23	0.31		0.22	-0.07	0.56	0.83	-0.51	0.11	-0.28
Property Plant Equipment	0.11	-0.16	-0.05	0.11	0.07	0.31	-0.32	-0.19	-0.31	0.28	-0.31	-0.04	0.95	0.51	-0.06	-0.05	1.0	-0.3	0.22		-0.28	-0.28	0.31	-0.46	0.53	-0.22
Short Term Investments	0.07	0.28	0.26	0.06	0.33	-0.32	0.17	0.31	0.32	-0.09	0.32	0.31	-0.31	-0.49	0.19	0.26	-0.28	0.32	-0.07	-0.28		-0.04	-0.28	0.57	-0.6	-0.3
Inventory	0.76	0.75	0.72	0.76	0.23	-0.64	-0.39	0.39	0.65	0.54	0.65	0.27	-0.22	-0.23	0.78	0.73	-0.27	0.65	0.56	-0.28	-0.04		0.17	-0.01	-0.26	0.23
Non Currrent Assets Other	0.51	-0.14	0.22	0.52	0.31	0.24	-0.95	0.17	-0.23	0.84	-0.23	-0.22	0.23	0.68	0.11	0.23	0.33	-0.22	0.83	0.31	-0.28	0.17		-0.81	0.49	-0.43
Net Tangible Assets	-0.16	0.41	0.05	-0.16	-0.08	-0.5	0.68	0.08	0.49	-0.53	0.49	0.4	-0.44	-0.61	0.21	0.05	-0.48	0.49	-0.51	-0.46	0.57	-0.01	-0.81		-0.83	0.48
Other Stockholder Equity	-0.2	-0.58	-0.33	-0.2	-0.2	0.63	-0.3	-0.33	-0.62	0.14	-0.62	-0.26	0.53	0.45	-0.44	-0.33	0.54	-0.62	0.11	0.53	-0.6	-0.26	0.49	-0.83		-0.34
Long Term Investments	-0.03	0.28	-0.11	-0.02	-0.4	-0.31	0.38	-0.17	0.29	-0.29	0.29	0.01	-0.15	-0.31	0.2	-0.11	-0.23	0.29	-0.28	-0.22	-0.3	0.23	-0.43	0.48	-0.34

Click cells to compare fundamentals

Globe Metals Account Relationship Matchups

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)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC