Greenland Mines Ltd (GRML) Tax Rate (2022 - 2024)
Greenland Mines' (GRML) quarterly Tax Rate came in at 7.3% in Q1 2024, down 2588.0% year-over-year from 0.29% in Q2 2023, and up 94.66% quarter-over-quarter from 136.81% in Q4 2023.
Analysis
Greenland Mines Ltd (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.
- In Q1 2024, Tax Rate fell 2588.0% year-over-year to 7.3%; the TTM figure through Mar 2024 stood at 45.14% (changed N/A YoY), while the FY2025 annual figure was 21.0%, changed 0.0% 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 25.28% in Q4 2022 to a low of 136.81% in Q4 2023.
- Average Tax Rate over 3 years is 37.07%, with a median of 7.3% recorded in 2024.
- Year-over-year, Tax Rate sank 16209 bps in 2023 and slumped 2588 bps in 2024.
- Over 3 years, Tax Rate stood at 25.28% in 2022, then slumped by 641 bps to 136.81% in 2023, then soared by 95 bps to 7.3% in 2024.
- Per Business Quant data, the three most recent Tax Rate figures were 7.3% in Q1 2024, 136.81% in Q4 2023, and 103.29% in Q3 2023.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -7.30% |
| Dec 31, 2023 | -136.81% |
| Sep 30, 2023 | -103.29% |
| Jun 30, 2023 | -65.79% |
| Mar 31, 2023 | 18.58% |
| Dec 31, 2022 | 25.28% |
| Sep 30, 2022 | 9.84% |