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    GMXR  Gmx Resources Inc.

    Exchange

    NYSE

    Sector

    Energy

    Industry

    Oil & Gas Production

    Market Cap.

    13.4M

    Weak Balance Sheet

    GMXR's financial position is not ideal. The key is to check whether GMXR is using debt to fuel its growth and the sustainability of that tendency. Highly capital intensive businesses (see Economic Moat) follow this route, which can deeply impact the future prospects of the business.
    Figures in USD. Fiscal year ends in December
    2002200320042005200620072008200920102011
    Cash 543,917.00 637,522.00 862,546.00 2.39M 4.96M 5.91M 6.72M 47.81M 2.36M 102.49M
    Current Assets 1.36M 1.62M 2.77M 6.91M 13.62M 20.35M 40.49M 62.51M 66.72M 127.53M
    Total Assets 33.32M 31.50M 40.99M 81.10M 210.32M 395.34M 577.85M 519.64M 507.09M 542.20M
    Current Liabilities 11.44M 2.57M 3.17M 14.02M 28.97M 48.43M 57.33M 39.93M 66.15M 40.65M
    Total Liabilities 11.71M 8.88M 8.58M 19.88M 78.84M 186.41M 300.44M 275.69M 390.67M 486.46M
    Stockholder' Equity 21.61M 22.62M 32.41M 61.23M 131.48M 208.93M 277.42M 243.95M 116.42M 55.74M
    Current Ratio 0.12 0.63 0.88 0.49 0.47 0.42 0.71 1.57 1.01 3.14
    TL-to-TA 0.35 0.28 0.21 0.25 0.37 0.47 0.52 0.53 0.77 0.90

    Low or No Reinvestment of Profits over the past 10 years

    GMXR has either been retaining a small amount of their earnings or has done so inconsistently. A lack of consistency could be due to GMXR operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth. Be wary of future prospects and if applicable, inspect the moat's sustainability.
    Figures in USD. Fiscal year ends in December
    2002200320042005200620072008200920102011
    Retained Earnings 1.12M 1.65M 3.09M 10.25M 17.43M 29.69M -56.65M -284.84M -430.78M -649.34M
    Retained Earnings Growth - 47.90% 87.27% 231.31% 70.01% 70.35% -290.84% -402.79% -51.24% -50.73%