Greenland MinesGRML +0.33%12 Quick 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 88.53% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Greenland Mines's quick ratio for the quarter that ended in Mar. 2026 was 19.73.
Greenland Mines has a quick ratio of 19.73. It generally indicates good short-term financial strength.
The historical rank and industry rank for Greenland Mines's Quick Ratio or its related term are showing as below:
GRML'
s Quick 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 Quick Ratio was 19.73. The lowest was 19.73. And the median was 19.73.
GRML's Quick Ratio is ranked better than 88.53% of 2633
companies
in the Metals & Mining industry
Industry Median: 2.31
vs GRML: 19.73
Greenland Mines (NAS:GRML) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Greenland Mines Quick Ratio Related Terms
Greenland Mines Quick Ratio Historical Data
* Premium members only.
The historical data trend for Greenland Mines's Quick 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 Quick Ratio Chart
Greenland Mines Annual Data
Trend
Quick Ratio
Greenland Mines Semi-Annual Data
Mar25
Mar26
Quick Ratio
0.00
19.73
GRML vs SRGZ, RITE, DYNR: Quick Ratio Comparison
For the Other Precious Metals & Mining subindustry, Greenland Mines's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Greenland Mines's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Greenland Mines's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Greenland Mines's Quick Ratio for the fiscal year that ended in . 20 is calculated as
* 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 Quick Ratio of 19.73 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Greenland Mines and its competitors. This is near median its historical median of 19.73. Over the past decade, Greenland Mines' Quick Ratio has ranged from 19.73 to 19.73. According to the industry distribution chart, Greenland Mines ranks #302 out of 2633 companies in the Metals & Mining industry, placing it in the top 11.5%.
Is Greenland Mines' Quick Ratio too high?
Greenland Mines' current Quick 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 Quick Ratio is 2.31. Greenland Mines' value of 19.73 is 754.1% above this industry median. Based on the distribution chart, Greenland Mines ranks #302 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' Quick Ratio compare to SRGZ and RITE?
According to the Metals & Mining industry distribution chart, Greenland Mines ranks #302 out of 2633 companies for Quick Ratio. This places Greenland Mines in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.31. Greenland Mines' value of 19.73 is 754.1% above this benchmark. Historically, Greenland Mines' own Quick 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 2.31, 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 Quick Ratio for a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.31, based on 2,633 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Greenland Mines's current Quick Ratio of 19.73 is 754.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Greenland Mines and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Mines's current Quick 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 Quick Ratio of 19.73. The current Quick Ratio is 19.73, which is near median its 10-year median of 19.73 and 754.1% above the Metals & Mining industry median of 2.31. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Greenland Mines (GRML), the current Quick 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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