Greenland MinesGRML +0.33%12 Current Ratio is 19.73 as of Mar. 2026, which is at its 10-year median of 19.73. GuruFocus rates GRML with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 2,633 Metals & Mining companies, Greenland Mines ranks better than 88.49% 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 Mines's current ratio for the quarter that ended in Mar. 2026 was 19.73.
Greenland Mines has a current ratio of 19.73. 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 Mines's Current Ratio or its related term are showing as below:
GRML'
s Current Ratio Range Over the Past 10 Years
Min: 19.73 Med: 19.73 Max: 19.73
Current: 19.73
During the past 0 years, Greenland Mines's highest Current Ratio was 19.73. The lowest was 19.73. And the median was 19.73.
GRML's Current Ratio is ranked better than 88.49% of 2633
companies
in the Metals & Mining industry
Industry Median: 2.63
vs GRML: 19.73
Greenland Mines (NAS:GRML) 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 Mines Current Ratio Related Terms
Greenland Mines Current Ratio Historical Data
* Premium members only.
The historical data trend for Greenland Mines'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 Mines Current Ratio Chart
Greenland Mines Annual Data
Trend
Current Ratio
Greenland Mines Semi-Annual Data
Mar25
Mar26
Current Ratio
0.00
19.73
GRML vs SRGZ, RITE, DYNR: Current Ratio Comparison
For the Other Precious Metals & Mining subindustry, Greenland Mines'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 Mines Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Greenland Mines's Current Ratio distribution charts can be found below:
* The bar in red indicates where Greenland Mines's Current Ratio falls into.
* 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 Mines (GRML) has a Current Ratio of 19.73 as of Mar. 2026. This is near median its historical median of 19.73. Over the past decade, Greenland Mines' Current Ratio has ranged from 19.73 to 19.73. According to the industry distribution chart, Greenland Mines ranks #303 out of 2633 companies in the Metals & Mining industry, placing it in the top 11.5%.
Is Greenland Mines' Current Ratio too high?
Greenland Mines' current Current Ratio of 19.73 is near median its 10-year median of 19.73. Over the past 10 years, this metric has ranged from a low of 19.73 to a high of 19.73. The Metals & Mining industry median Current Ratio is 2.63. Greenland Mines' value of 19.73 is 650.2% above this industry median. Based on the distribution chart, Greenland Mines ranks #303 out of 2633 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Greenland Mines has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Greenland Mines' Current Ratio compare to SRGZ and RITE?
According to the Metals & Mining industry distribution chart, Greenland Mines ranks #303 out of 2633 companies for Current Ratio. This places Greenland Mines in the top 12% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.63. Greenland Mines' value of 19.73 is 650.2% above this benchmark. Historically, Greenland Mines' own Current Ratio has ranged from 19.73 to 19.73 over the past decade. While the company's 10-year median is 19.73 vs. the industry median of 2.63, Greenland Mines 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 2.63, based on 2,633 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 Mines's current Current Ratio of 19.73 is 650.2% 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 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Mines's current Current Ratio is 19.73, which is near median its own 10-year median of 19.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Mines stock overvalued right now?
Greenland Mines (GRML) has a current Current Ratio of 19.73. The current Current Ratio is 19.73, which is near median its 10-year median of 19.73 and 650.2% above the Metals & Mining industry median of 2.63. Greenland Mines' overall GF Score™ is 12/100 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 Mines (GRML), the current Current Ratio is 19.73 as of Mar. 2026. 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 Mines Ltd develops essential medicines for the treatment of chronic diseases - cancer, cardiovascular, and neurodegenerative disorders. The Company operates as a single reporting segment focused on developing essential medicines for these chronic diseases. The Company has acquired two licensed platforms: a generic drug portfolio and a biosimilar biologics platform that uses biologic therapies to treat cancer, and proprietary patented technologies involving melanocortin receptor-binding molecules and a gene therapy platform that introduces a therapeutic protein called Klotho inside the body to treat neurodegenerative diseases.
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