Greenland Resources Inc
Greenland Resources Inc., a mining company, engages in the acquisition, exploration, and development of mineral projects in Greenland. Its flagship project is the 100% owned Malmbjerg molybdenum and magnesium project covering an area of 82 square kilometer located in eastern Greenland. The company was formerly known as Primera Bioscience Research Inc. and changed its name to Greenland Resources I… Read more
Greenland Resources Inc (GRLRF) - Total Assets
Latest total assets as of December 2025: $12.30 Million USD
Based on the latest financial reports, Greenland Resources Inc (GRLRF) holds total assets worth $12.30 Million USD as of December 2025.
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.
Greenland Resources Inc - Total Assets Trend (2014–2025)
This chart illustrates how Greenland Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Greenland Resources Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
Greenland Resources Inc's total assets of $12.30 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 90.0% |
| Accounts Receivable | $195.21K | 9.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how Greenland Resources Inc'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Greenland Resources Inc's current assets represent 100.0% of total assets in 2025, unchanged from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 90.0% of total assets in 2025, down from 100.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 9.6% of total assets.
Greenland Resources Inc Competitors by Total Assets
Key competitors of Greenland Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
Greenland Resources Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Greenland Resources Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Greenland Resources Inc is currently not profitable relative to its asset base.
Greenland Resources Inc - 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 | 22.42 | 61.20 | 41.54 |
| Quick Ratio | 22.42 | 61.20 | 41.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $11.75 Million | $ 2.76 Million | $ 7.99 Million |
Greenland Resources Inc - Advanced Valuation Insights
This section examines the relationship between Greenland Resources Inc'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 | 17.82 |
| Latest Market Cap to Assets Ratio | 25.70 |
| Asset Growth Rate (YoY) | -50.4% |
| Total Assets | $2.03 Million |
| Market Capitalization | $52.18 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Greenland Resources Inc's assets at a significant premium ( 25.70x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Greenland Resources Inc's assets decreased by 50.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Greenland Resources Inc (2014–2025)
The table below shows the annual total assets of Greenland Resources Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $2.03 Million | -50.37% |
| 2024-03-31 | $4.09 Million | +10.55% |
| 2023-03-31 | $3.70 Million | +42.97% |
| 2022-03-31 | $2.59 Million | -68.40% |
| 2021-03-31 | $8.19 Million | +471.93% |
| 2020-03-31 | $1.43 Million | -54.17% |
| 2019-03-31 | $3.13 Million | -35.21% |
| 2018-03-31 | $4.82 Million | +871.46% |
| 2017-03-31 | $496.57K | -26.89% |
| 2016-03-31 | $679.20K | -61.57% |
| 2015-03-31 | $1.77 Million | +782.69% |
| 2014-03-31 | $200.22K | -- |