GRML (Greenland Mines) Effective Interest Rate on Debt %: 0.68% (As of Mar. 2026)


GRML Greenland Mines Ltd GRML
12 GF Score
Price $0.25
! 1 Warning Sign
View Full Analysis

What is Greenland Mines Effective Interest Rate on Debt %?

Greenland Mines GRML +0.33% 12 Effective Interest Rate on Debt % is 0.68% as of Mar. 2026. GuruFocus rates GRML with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Greenland Mines's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $0.00 Mil. Greenland Mines's average total debt for the quarter that ended in Mar. 2026 was $0.30 Mil. Therefore, Greenland Mines's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 0.68%.


Greenland Mines  (NAS:GRML) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Greenland Mines Effective Interest Rate on Debt % Related Terms


Greenland Mines Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Greenland Mines's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Greenland Mines Annual Data
Trend
Effective Interest Rate on Debt %

Greenland Mines Semi-Annual Data
Mar25 Mar26
Effective Interest Rate on Debt % 0.00 0.68

GRML vs SRGZ, RITE, DYNR: Effective Interest Rate on Debt % Comparison

For the Other Precious Metals & Mining subindustry, Greenland Mines's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Greenland Mines's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Greenland Mines's Effective Interest Rate on Debt % falls into.


GRML
12GF Score
Greenland Mines Ltd GRML
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Mines Effective Interest Rate on Debt % Calculation

Greenland Mines's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Greenland Mines's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -0.002/( (0+0.295)/ 1 )
=-1  *  -0.002/0.295
=0.68 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is one times the annual (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.68% mean?
Greenland Mines (GRML) has a Effective Interest Rate on Debt % of 0.68% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Greenland Mines and its competitors.
Is Greenland Mines' Effective Interest Rate on Debt % too high?
Greenland Mines' current Effective Interest Rate on Debt % is 0.68%. Overall, Greenland Mines has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Greenland Mines' Effective Interest Rate on Debt % compare to SRGZ and RITE?
Greenland Mines' Effective Interest Rate on Debt % of 0.68% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Greenland Mines and its competitors. Greenland Mines's current Effective Interest Rate on Debt % is 0.68%. 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 Effective Interest Rate on Debt % of 0.68%. The current Effective Interest Rate on Debt % is 0.68%. 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 Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Greenland Mines (GRML), the current Effective Interest Rate on Debt % is 0.68% 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 Business Description

Address 1300 South Boulevard, Unit D, Charlotte, NC, USA, 28203
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.
12GF Score

Get the complete analysis for GRML

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.25
Price