Greenland Mines (GRML) Tax Rate (2022 - 2024)

Greenland Mines' (GRML) quarterly Tax Rate came in at 7.3% in Q1 2024, down 2588.0% year-on-year from 0.29% in Q2 2023, and up 94.66% quarter-over-quarter from 136.81% in Q4 2023.

Greenland Mines (GRML) Tax Rate (2022 - 2024) Analysis & Trends

Greenland Mines has disclosed Tax Rate across 3 years of filings, most recently posting 7.3% for Q1 2024.

  • Tax Rate for Q1 2024 came in at 7.3%, down 2588.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 45.14% (changed N/A YoY), and the FY2023 annual result was 106.24%, down 12187.0% from the prior year.
  • Tax Rate came in at 7.3% for Q1 2024 at Greenland Mines, up from 136.81% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 18.58% in Q1 2023 to a low of 136.81% in Q4 2023.
  • The 3-year median for Tax Rate is 7.3% (2024), against an average of 38.25%.
  • Across the five-year window, Tax Rate slumped 15385 bps in 2023 and tumbled 2588 bps in 2024, its largest moves.
  • Greenland Mines' Tax Rate stood at 17.04% in 2022, then slumped by 903 bps to 136.81% in 2023, then soared by 95 bps to 7.3% in 2024.
  • The last three Tax Rate figures came in at 7.3% (Q1 2024), 136.81% (Q4 2023), and 103.29% (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn 10.25%
2 Buenaventura Mining 10.77 Bn 10.77 Bn - -
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 10.68%
4 Perpetua Resources 2.83 Bn 2.83 Bn - -
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn -
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - -
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - -30.28%
9 Solaris Resources 1.41 Bn 1.39 Bn - -
10 Greenland Mines 27.58 Mn 17.58 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -7.30%
Mar 31, 2024 -7.30%
Dec 31, 2023 -136.81%
Dec 31, 2023 -136.81%
Sep 30, 2023 -103.29%
Sep 30, 2023 -103.29%
Jun 30, 2023 -65.79%
Jun 30, 2023 -65.79%
Mar 31, 2023 18.58%
Mar 31, 2023 18.58%
Dec 31, 2022 17.04%
Dec 31, 2022 17.04%
Sep 30, 2022 9.84%
Sep 30, 2022 9.84%