GRLRF (Greenland Resources) Current Ratio: 22.42 (As of Dec. 2025) — Near Median


GRLRF Greenland Resources Inc GRLRF
35 GF Score
Price $0.97
! 1 Warning Sign
View Full Analysis

What is Greenland Resources Current Ratio?

Greenland Resources GRLRF +2.48% 35 Current Ratio is 22.42 as of Dec. 2025, which is 5% above its 10-year median of 21.33. GuruFocus rates GRLRF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Greenland Resources ranks better than 90.11% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Greenland Resources's current ratio for the quarter that ended in Dec. 2025 was 22.42.

Greenland Resources has a current ratio of 22.42. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Greenland Resources's Current Ratio or its related term are showing as below:

GRLRF' s Current Ratio Range Over the Past 10 Years
Min: 3.51   Med: 21.33   Max: 85.58
Current: 22.42

During the past 8 years, Greenland Resources's highest Current Ratio was 85.58. The lowest was 3.51. And the median was 21.33.

GRLRF's Current Ratio is ranked better than
90.11% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs GRLRF: 22.42

Greenland Resources  (OTCPK:GRLRF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Greenland Resources Current Ratio Related Terms


Greenland Resources Current Ratio Historical Data

* Premium members only.

The historical data trend for Greenland Resources's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Greenland Resources Current Ratio Chart

Greenland Resources Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial 41.52 6.89 23.12 10.50 3.51

Greenland Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.59 3.51 20.29 35.86 22.42

Greenland Resources Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Greenland Resources's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greenland Resources Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Greenland Resources's Current Ratio distribution charts can be found below:

* The bar in red indicates where Greenland Resources's Current Ratio falls into.


GRLRF
35GF Score
Greenland Resources Inc GRLRF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Resources Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Greenland Resources's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=1.415/0.403
=3.51

Greenland Resources's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=8.923/0.398
=22.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 22.42 mean?
Greenland Resources (GRLRF) has a Current Ratio of 22.42 as of Dec. 2025. This is near median its historical median of 21.33. Over the past decade, Greenland Resources' Current Ratio has ranged from 3.51 to 85.58. According to the industry distribution chart, Greenland Resources ranks #261 out of 2638 companies in the Metals & Mining industry, placing it in the top 9.9%.
Is Greenland Resources' Current Ratio too high?
Greenland Resources' current Current Ratio of 22.42 is near median its 10-year median of 21.33. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 85.58. The Metals & Mining industry median Current Ratio is 2.64. Greenland Resources' value of 22.42 is 749.2% above this industry median. Based on the distribution chart, Greenland Resources ranks #261 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Greenland Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Greenland Resources' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Greenland Resources ranks #261 out of 2638 companies for Current Ratio. This places Greenland Resources in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Greenland Resources' value of 22.42 is 749.2% above this benchmark. Historically, Greenland Resources' own Current Ratio has ranged from 3.51 to 85.58 over the past decade. While the company's 10-year median is 21.33 vs. the industry median of 2.64, Greenland Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Greenland Resources's current Current Ratio of 22.42 is 749.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Resources's current Current Ratio is 22.42, which is near median its own 10-year median of 21.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Resources stock overvalued right now?
Greenland Resources (GRLRF) has a current Current Ratio of 22.42. The current Current Ratio is 22.42, which is near median its 10-year median of 21.33 and 749.2% above the Metals & Mining industry median of 2.64. Greenland Resources' overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Greenland Resources (GRLRF), the current Current Ratio is 22.42 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Greenland Resources Business Description

Other Exchanges M0LY:GermanyMOLY:Canada
Address 25 York Street, Suite 1810, Toronto, ON, CAN, M5J 2V5
Greenland Resources Inc is focused on the development of its flagship project called Malmbjerg, a world-class Climax-type pure molybdenum mineral deposit near tidewater in east-central Greenland.
35GF Score

Get the complete analysis for GRLRF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.97
Price