Greenland Mines Ltd (GRML) — Net Asset Quality Index
Greenland Mines Ltd (GRML) has a Net Asset Quality Index of 86.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $59.74 Million minus total liabilities of $8.27 Million yields net assets of $51.47 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Greenland Mines Ltd (GRML) flexibility index to measure the company's free cash flow as a share of total liabilities.
Quality Index
Net Assets
Total Assets
Total Liabilities
Greenland Mines Ltd Net Asset Quality Index Over Time (2022–2025)
This chart shows how Greenland Mines Ltd's Net Asset Quality Index has evolved across 4 annual periods from 2022 to 2025. As of March 2026, the index stands at 86.2%, representing net assets of $51.47 Million against total assets of $59.74 Million USD. Check GRML capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Net Asset Quality Index for Greenland Mines Ltd (2022–2025)
The table below presents the year-by-year Net Asset Quality Index for Greenland Mines Ltd from 2022 to 2025, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Greenland Mines Ltd (GRML) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.6% | $9.46 Million | $9.59 Million | $129.76K | ▲ +50.4 pp |
| 2024 | 48.2% | $1.19 Million | $2.46 Million | $1.27 Million | ▲ +22.2 pp |
| 2023 | 26.1% | $571.72K | $2.19 Million | $1.62 Million | ▼ -69.8 pp |
| 2022 | 95.8% | $113.32 Million | $118.25 Million | $4.93 Million | — |