Greenland Mines (GRML) Tax Rate (2022 - 2023)
Greenland Mines (GRML) posted Tax Rate of -7.30% for Q1 2024, down 25.88 percentage points from 18.58% a year earlier but up 81.25 percentage points from the prior quarter.
Greenland Mines (GRML) Tax Rate (2022 - 2023) Analysis & Trends
For the trailing twelve months through Mar 31, 2024, Tax Rate at Greenland Mines was -40.09%; for FY2023, it came in at -97.61%, down 118.32 percentage points from FY2022.
- In prior years, Greenland Mines' Tax Rate was 20.70% in FY2022.
- Quarterly Tax Rate has run from a low of -103.29% in Q3 2023 to a high of 25.28% in Q4 2022 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last three quarters.
- According to Business Quant data, Tax Rate for the three prior quarters was -88.55% (Q4 2023), -103.29% (Q3 2023) and -65.79% (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,226.37 Bn | 1,194.96 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 661.84 Bn | 581.71 Bn | 17.30 Bn | - |
| 3 | AbbVie | 513.40 Bn | 486.51 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 365.84 Bn | 320.22 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 310.35 Bn | 283.58 Bn | - | - |
| 6 | Astrazeneca | 269.67 Bn | 243.35 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 249.26 Bn | 204.66 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 200.62 Bn | 174.82 Bn | 6.22 Bn | - |
| 9 | Pfizer | 169.49 Bn | 116.13 Bn | 10.94 Bn | - |
| 10 | Greenland Mines | 13.23 Mn | -20.64 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 18.58% |
| Dec 31, 2022 | 25.28% |
| Sep 30, 2022 | 9.84% |
Greenland Mines Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GRML&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GRML", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GRML&period=max&api_key=YOUR_API_KEY");
const data = await res.json();