Greenland Mines Ltd Net Assets
Greenland Mines Ltd net assets. Based on the latest financial reports, Greenland Mines Ltd (GRML) has net assets worth $57.90 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.01 Million) and total liabilities ($7.11 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Greenland Mines Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $57.90 Million |
| % of Total Assets | 89.06% |
| Annual Growth Rate | -56.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 338.08 |
Net Assets of Greenland Mines Ltd (2022–2025)
Net assets of Greenland Mines Ltd from 2022 to 2025. This chart illustrates how Greenland Mines Ltd's net assets have evolved over time, based on quarterly financial data. See Greenland Mines Ltd (GRML) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Greenland Mines Ltd (2022–2025)
The table below shows the annual net assets of Greenland Mines Ltd from 2022 to 2025. For live market cap and overall valuation, see market cap of Greenland Mines Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.46 Million | +698.37% |
| 2024-12-31 | $1.19 Million | +107.33% |
| 2023-12-31 | $571.72K | -99.50% |
| 2022-12-31 | $113.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greenland Mines Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1706962200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Greenland Mines Ltd Net Assets Breakdown (December 2025)
Greenland Mines Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.25K | 0.08% |
| Other Comprehensive Income | $516.00K | 5.45% |
| Other Components | $30.05 Million | 317.59% |
| Total Equity | $9.46 Million | 100.00% |
Greenland Mines Ltd Competitors by Market Cap
The table below lists competitors of Greenland Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IDeA Indonesia Akademi Tbk PT
JK:IDEA
|
$13.32 Million |
|
Garden Stage Limited Ordinary Shares
NASDAQ:GSIW
|
$13.34 Million |
|
Ranix INC
KQ:317120
|
$13.34 Million |
|
DatChat Inc
NASDAQ:DATS
|
$13.34 Million |
|
Carboclor
BA:CARC
|
$13.31 Million |
|
Wilton Resources Inc
V:WIL
|
$13.31 Million |
|
Triniti Dinamik PT Tbk
JK:TRUE
|
$13.31 Million |
|
Logisys Inc
KQ:067730
|
$13.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenland Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,185,345 to 9,463,476, a change of 8,278,131 (698.4%).
- Net loss of 10,551,674 reduced equity.
- New share issuances of 13,006,963 increased equity.
- Other comprehensive income increased equity by 516,000.
- Other factors increased equity by 5,306,842.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.55 Million | -111.5% |
| Share Issuances | $13.01 Million | +137.44% |
| Other Comprehensive Income | $516.00K | +5.45% |
| Other Changes | $5.31 Million | +56.08% |
| Total Change | $- | 698.37% |
Book Value vs Market Value Analysis
This analysis compares Greenland Mines Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.01x to 0.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $760.26 | $4.58 | x |
| 2023-12-31 | $1.89 | $4.58 | x |
| 2024-12-31 | $3.08 | $4.58 | x |
| 2025-12-31 | $9.76 | $4.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenland Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -111.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-111.50%) is above the historical average (-188.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 1.09% | 0.00% | 0.00x | 1.04x | $-10.10 Million |
| 2023 | -123.74% | 0.00% | 0.00x | 3.84x | $-764.63K |
| 2024 | -518.87% | 0.00% | 0.00x | 2.07x | $-6.27 Million |
| 2025 | -111.50% | 0.00% | 0.00x | 1.01x | $-11.50 Million |
Industry Comparison
This section compares Greenland Mines Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $7,016,452,532
- Average return on equity (ROE) among peers: -32.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenland Mines Ltd (GRML) | $57.90 Million | 1.09% | 0.12x | $13.31 Million |
| Compania de Minas Buenaventura SAA ADR (BVN) | $3.05 Billion | -10.61% | 0.40x | $8.11 Billion |
| Hecla Mining Company (HL) | $1.76 Billion | 1.99% | 0.55x | $9.07 Billion |
| Comstock Mining Inc (LODE) | $9.38 Million | -101.02% | 2.05x | $225.46 Million |
| Perpetua Resources Corp (PPTA) | $108.86 Million | -13.30% | 0.08x | $2.08 Billion |
| Sibanye Gold Ltd ADR (SBSW) | $44.12 Billion | -10.85% | 2.39x | $8.96 Billion |
| Sinda Ltd. (SIND) | $20.31 Million | -92.03% | 0.17x | $1.86 Billion |
| Vox Royalty Corp. Common Stock (VOXR) | $44.92 Million | -0.23% | 0.17x | $318.29 Million |
About Greenland Mines Ltd
Greenland Mines Ltd engages in the cell and gene therapy, and natural resources businesses. The company primarily explores palladium, gold, and platinum deposits. It focuses on the exploration and development of Skaergaard project located in Southeast Greenland and the Sarartoq neodymium-praseodymium (Nd-Pr) rare earths project in Southwest Greenland. The company is also involved in the developme… Read more