Greenland Mines Ltd (GRML) Debt Ratio (2022 - 2026)
Greenland Mines' (GRML) quarterly Debt Ratio came in at 0.0 in Q2 2026, down 99.23% quarter-over-quarter from 0.59 in Q1 2025.
Analysis
Greenland Mines Ltd (GRML) Debt Ratio (2022 - 2026) Analysis & Trends
Greenland Mines has disclosed Debt Ratio across 5 years of filings, most recently posting 0.0 for Q2 2026.
- In Q2 2026, Debt Ratio changed N/A year-over-year to 0.0; the TTM figure through Jun 2026 stood at 0.0 (changed N/A YoY), while the FY2024 annual figure was 0.1, down 83.58% from the prior year.
- Debt Ratio came in at 0.0 for Q2 2026 at Greenland Mines, down from 0.59 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.78 in Q1 2022 to a low of 0.0 in Q2 2024.
- Average Debt Ratio over 5 years is 0.22, with a median of 0.04 recorded in 2023.
- Year-over-year, Debt Ratio plunged 99.32% in 2023 and soared 462.78% in 2024.
- Over 5 years, Debt Ratio stood at 0.78 in 2022, then decreased by 23.35% to 0.6 in 2023, then plunged by 83.58% to 0.1 in 2024, then surged by 504.07% to 0.59 in 2025, then slumped by 99.23% to 0.0 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.0 in Q2 2026, 0.59 in Q1 2025, and 0.1 in Q4 2024.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.00 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.01 |
| Mar 31, 2022 | 0.78 |