Greenland Mines Ltd (GRML) - Total Assets
Based on the latest financial reports, Greenland Mines Ltd (GRML) holds total assets worth $59.74 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore debt repayment capacity of Greenland Mines Ltd to assess how comfortably operating cash covers total debt obligations.
Greenland Mines Ltd - Total Assets Trend (2022–2025)
This chart illustrates how Greenland Mines Ltd's total assets have evolved over time, based on quarterly financial data. See GRML net assets for net asset value and shareholders' equity analysis.
Greenland Mines Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Greenland Mines Ltd's total assets of $59.74 Million consist of 76.0% current assets and 24.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 74.8% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.30 Million | 24.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how Greenland Mines Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Greenland Mines Ltd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Greenland Mines Ltd's current assets represent 76.0% of total assets in 2025, an increase from 0.4% in 2022.
- Cash Position: Cash and equivalents constituted 74.8% of total assets in 2025, up from 0.3% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 0.0% in 2022.
- Asset Diversification: The largest asset category is intangible assets at 24.0% of total assets.
Greenland Mines Ltd Competitors by Total Assets
Key competitors of Greenland Mines Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
Northam Platinum Holdings Ltd
JSE:NPH
|
South Africa | ZAC67.40 Billion |
|
AbraSilver Resource Corp.
TO:ABRA
|
Canada | CA$55.15 Million |
|
Zimplats Holdings Ltd
AU:ZIM
|
Australia | AU$4.20 Billion |
|
GoGold Resources Inc.
TO:GGD
|
Canada | CA$533.86 Million |
|
Blackrock Silver Corp
V:BRC
|
Canada | CA$33.38 Million |
|
Aic Mines Ltd
AU:A1M
|
Australia | AU$376.92 Million |
|
Terra Metals Ltd
AU:TM1
|
Australia | AU$4.24 Million |
Greenland Mines Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 19.74 | 0.29 | 0.15 |
| Quick Ratio | 19.74 | 0.29 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.38 Million | $-1.65 Million | $-204.63K |
Greenland Mines Ltd - Advanced Valuation Insights
This section examines the relationship between Greenland Mines Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 3.04 |
| Asset Growth Rate (YoY) | 290.4% |
| Total Assets | $9.59 Million |
| Market Capitalization | $29.17 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Greenland Mines Ltd's assets at a significant premium (3.04x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Greenland Mines Ltd's assets grew by 290.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Greenland Mines Ltd (2022–2025)
The table below shows the annual total assets of Greenland Mines Ltd from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $9.59 Million | +290.39% |
| 2024-12-31 | $2.46 Million | +12.07% |
| 2023-12-31 | $2.19 Million | -98.15% |
| 2022-12-31 | $118.25 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. The company is also involved in the development of KLTO-202, a gene therapy for the treatment and prevention of amyotrophic lateral scle… Read more