Greenland Mines Ltd (GRML) Tax Rate (2022 - 2024)
Greenland Mines (GRML) posted Tax Rate of 7.3% for Q1 2024, up 94.66% sequentially from 136.81% in Q4 2023, and down 2588.0% YoY from 0.29% in Q2 2023.
Greenland Mines Ltd (GRML) Tax Rate (2022 - 2024) Analysis & Trends
Greenland Mines has reported Tax Rate for 3 years, with the latest figure at 7.3% in Q1 2024.
- Quarterly Tax Rate fell 2588.0% year-over-year to 7.3% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 45.14% (changed N/A YoY) and the FY2025 annual result came in at 20.98%, up 1.0% from the prior year.
- Tax Rate grew to 7.3% in Q1 2024 per GRML's latest filing, from 136.81% in the prior quarter.
- Over five years, Tax Rate peaked at 25.28% in Q4 2022 and troughed at 136.81% in Q4 2023.
- A 3-year average of 37.07% and a median of 7.3% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 16209 bps in 2023, then tumbled 2588 bps in 2024.
- Over 3 years, Tax Rate stood at 25.28% in 2022, then plunged by 641 bps to 136.81% in 2023, then surged by 95 bps to 7.3% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 7.3%, 136.81%, and 103.29% for Q1 2024, Q4 2023, and Q3 2023 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -7.30% |
| Mar 31, 2024 | -7.30% |
| Mar 31, 2024 | -7.30% |
| Dec 31, 2023 | -136.81% |
| Dec 31, 2023 | -136.81% |
| Dec 31, 2023 | -136.81% |
| Sep 30, 2023 | -103.29% |
| Sep 30, 2023 | -103.29% |
| Sep 30, 2023 | -103.29% |
| Jun 30, 2023 | -65.79% |
| Jun 30, 2023 | -65.79% |
| Jun 30, 2023 | -65.79% |
| Mar 31, 2023 | 18.58% |
| Mar 31, 2023 | 18.58% |
| Mar 31, 2023 | 18.58% |
| Dec 31, 2022 | 25.28% |
| Dec 31, 2022 | 25.28% |
| Dec 31, 2022 | 25.28% |
| Sep 30, 2022 | 9.84% |
| Sep 30, 2022 | 9.84% |