Greenland Mines Ltd (GRML) — Working Capital to Net Assets Ratio
Greenland Mines Ltd (GRML) has a Working Capital to Net Assets ratio of 19.0% as of June 2026. Working capital of $11.00 Million (current assets of $12.21 Million minus current liabilities of $1.21 Million) is measured against net assets of $57.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GRML defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Greenland Mines Ltd Working Capital to Net Assets (2022–2025)
This chart shows how Greenland Mines Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of June 2026, the ratio stands at 19.0%, reflecting working capital of $11.00 Million against net assets of $57.90 Million USD. For the complete balance sheet picture, see balance sheet size of Greenland Mines Ltd.
Annual Working Capital to Net Assets for Greenland Mines Ltd (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Greenland Mines Ltd from 2022 to 2025, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore Greenland Mines Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 76.3% | $7.22 Million | $9.46 Million | $7.29 Million | $76.76K | ▲ +168.2 pp |
| 2024 | -91.9% | $-1.09 Million | $1.19 Million | $157.81K | $1.25 Million | ▲ +190.4 pp |
| 2023 | -282.4% | $-1.61 Million | $571.72K | $6.65K | $1.62 Million | ▼ -282.3 pp |
| 2022 | -0.1% | $-66.08K | $113.32 Million | $440.16K | $506.24K | — |