Greenland Mines (GRMLW) Interest Coverage Ratio (2022 - 2026)
Greenland Mines (GRMLW) posted Interest Coverage Ratio of 5889.96 for Q1 2026, down 356858.85% sequentially from 1.65 in Q4 2025, and down 205491.29% YoY from N/an in Q1 2025.
Greenland Mines (GRMLW) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Greenland Mines has reported Interest Coverage Ratio for 5 years, with the latest figure at 5889.96 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 205491.29% year-over-year to 5889.96 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.73 (up 65.83% YoY) and the FY2025 annual result came in at 1.4, up 23.91% from the prior year.
- Interest Coverage Ratio declined to 5889.96 in Q1 2026 per GRMLW's latest filing, from 1.65 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.08 in Q2 2025 and troughed at 5889.96 in Q1 2026.
- A 5-year average of 546.4 and a median of 2.88 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 97.54% in 2025, then sank 205491.29% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 2.14 in 2022, then slumped by 34.62% to 2.88 in 2023, then plunged by 2120.74% to 63.86 in 2024, then jumped by 97.42% to 1.65 in 2025, then slumped by 356858.85% to 5889.96 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5889.96, 1.65, and 1.57 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 60.38 |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 383.43 |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | - |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | 2.44 |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | - |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | - |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | -1.70 |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | -7.70 |
| 10 | Greenland Mines | 17.40 Mn | 8.05 Mn | - | -1,123.56 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1,123.56 |
| Mar 31, 2026 | -5,889.96 |
| Dec 31, 2025 | -1.65 |
| Sep 30, 2025 | -1.57 |
| Jun 30, 2025 | -1.08 |
| Mar 31, 2025 | -2.86 |
| Sep 30, 2024 | -63.86 |
| Jun 30, 2024 | -26.26 |
| Dec 31, 2023 | -2.88 |
| Sep 30, 2023 | -6.07 |
| Jun 30, 2023 | -12.12 |
| Dec 31, 2022 | -2.14 |