Granite Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Granite Ridge Resources
GRNT Stock  USD 5.95  0.01  0.17%   
Granite Ridge financial statements provide useful quarterly and yearly information to potential Granite Ridge Resources investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Granite Ridge financial statements helps investors assess Granite Ridge's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Granite Ridge's valuation are summarized below:
Gross Profit
296.6 M
Profit Margin
0.0522
Market Capitalization
777 M
Enterprise Value Revenue
2.4171
Revenue
359 M
There are currently one hundred twenty fundamental trends for Granite Ridge Resources that can be evaluated and compared over time across competitors. All traders should confirm Granite Ridge's regular fundamentals against the performance from 2010 to 2025 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 942 M in 2025

Granite Ridge Total Revenue

295.58 Million

Check Granite Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Ridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 114.5 M, Interest Expense of 19.4 M or Selling General Administrative of 14.5 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.0718 or PTB Ratio of 1.26. Granite financial statements analysis is a perfect complement when working with Granite Ridge Valuation or Volatility modules.
  
Check out the analysis of Granite Ridge Correlation against competitors.

Granite Ridge Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding129.6 M130.2 M127.3 M
Pretty Stable
Total Assets619.6 M1 B240.2 M
Slightly volatile
Short and Long Term Debt Total215.2 M205 M44.5 M
Slightly volatile
Other Current Liabilities48.4 M75.4 M17.2 M
Slightly volatile
Total Current Liabilities51.9 M101.8 M22.4 M
Slightly volatile
Total Stockholder Equity435.1 M635.4 M171.5 M
Slightly volatile
Other Liabilities130.7 M124.5 M29.9 M
Slightly volatile
Net Tangible Assets403 M715.8 M288.6 M
Slightly volatile
Property Plant And Equipment Net520.1 M897 M203.8 M
Slightly volatile
Accounts Payable23.9 M26.4 M8.3 M
Slightly volatile
Cash16 M9.4 M6.3 M
Slightly volatile
Non Current Assets Total523.2 M901.3 M204.9 M
Slightly volatile
Cash And Short Term Investments8.9 M9.4 M9.1 M
Slightly volatile
Net Receivables58 M69.7 M20.8 M
Slightly volatile
Liabilities And Stockholders Equity619.6 M1 B240.2 M
Slightly volatile
Non Current Liabilities Total314.3 M299.3 M57.6 M
Slightly volatile
Other Current Assets132.1 M125.8 M21.4 M
Slightly volatile
Total Liabilities421.2 M401.1 M83.5 M
Slightly volatile
Net Invested Capital506 M840.4 M200.1 M
Slightly volatile
Property Plant And Equipment Gross865.2 M1.5 B351.8 M
Slightly volatile
Short and Long Term Debt31 M57.5 M19.3 M
Slightly volatile
Total Current Assets96.4 M135.2 M35.3 M
Slightly volatile
Short Term Debt368.5 K387.9 K7.6 M
Very volatile
Common Stock12 K12.6 K304.1 M
Slightly volatile
Property Plant Equipment401.8 M741.7 M288.1 M
Slightly volatile
Long Term Debt115.9 M205 M34.6 M
Slightly volatile
Common Stock Total Equity10.4 K11.7 K12.8 K
Slightly volatile
Retained Earnings Total Equity25.9 M29.1 M31.8 M
Slightly volatile
Capital Surpluse472.2 M531.2 M579.2 M
Slightly volatile
Deferred Long Term Liabilities73.3 M82.4 M89.9 M
Slightly volatile
Capital Stock15 K16.1 K13.4 K
Slightly volatile
Non Current Liabilities Other13.3 M15 M16.3 M
Slightly volatile

Granite Ridge Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization114.5 M176.5 M50.3 M
Slightly volatile
Interest Expense19.4 M18.5 M3.4 M
Slightly volatile
Selling General Administrative14.5 M24.6 M6.7 M
Slightly volatile
Total Revenue295.6 M380 M126.8 M
Slightly volatile
Gross Profit226.7 M354 M96.9 M
Slightly volatile
Other Operating Expenses170.2 M320.8 M75.8 M
Slightly volatile
EBITDA210.6 M220 M89.5 M
Slightly volatile
Cost Of Revenue24.7 M26 M27.2 M
Slightly volatile
Total Operating Expenses309.5 M294.8 M58.4 M
Slightly volatile
Reconciled Depreciation185.4 M176.5 M43 M
Slightly volatile
Income Tax Expense8.5 M6.2 M3.8 M
Slightly volatile

Granite Ridge Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow15.1 M10.7 M6.5 M
Slightly volatile
Other Non Cash Items257.4 M245.2 M41.4 M
Slightly volatile
Dividends Paid31 M57.5 M16.6 M
Slightly volatile
Capital Expenditures234.9 M347 M97 M
Slightly volatile
Total Cash From Operating Activities184 M275.7 M77.8 M
Slightly volatile
End Period Cash Flow15.1 M9.4 M7.3 M
Slightly volatile
Depreciation3.4 M3.5 M65.6 M
Slightly volatile
Change To Operating Activities9.4 M8.9 M2.3 M
Slightly volatile
Change To Liabilities11.9 M11.3 M2.7 M
Slightly volatile
Cash And Cash Equivalents Changes31.2 M35.1 M38.2 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.12.21362.7488
Slightly volatile
Dividend Yield0.07180.06840.0202
Slightly volatile
PTB Ratio1.261.323714.9966
Very volatile
Days Sales Outstanding38.4660.821.6458
Slightly volatile
Book Value Per Share2.474.88021.5889
Slightly volatile
Operating Cash Flow Per Share1.142.11790.6355
Slightly volatile
Stock Based Compensation To Revenue0.00460.0060.0055
Pretty Stable
Capex To Depreciation1.912.0192.3 K
Pretty Stable
PB Ratio1.261.323714.9966
Very volatile
EV To Sales3.912.72774.8186
Slightly volatile
Payables Turnover0.780.890.9651
Slightly volatile
Sales General And Administrative To Revenue0.07490.06490.0958
Slightly volatile
Capex To Revenue0.630.820.504
Slightly volatile
Cash Per Share0.190.31650.1044
Slightly volatile
POCF Ratio2.93.0501145
Slightly volatile
Capex To Operating Cash Flow1.011.073.2462
Pretty Stable
Days Payables Outstanding297334364
Slightly volatile
EV To Operating Cash Flow3.573.759420.3692
Pretty Stable
Current Ratio1.51.32820.9503
Slightly volatile
Tangible Book Value Per Share2.474.88021.5889
Slightly volatile
Receivables Turnover5.96.2147.6944
Slightly volatile
Graham Number5.43.97772.2082
Slightly volatile
Shareholders Equity Per Share2.474.88021.5889
Slightly volatile
Debt To Equity0.340.32270.199
Slightly volatile
Capex Per Share1.412.430.8061
Slightly volatile
Revenue Per Share1.782.91911.0056
Slightly volatile
Interest Debt Per Share1.81.71650.4031
Slightly volatile
Debt To Assets0.10.19780.1454
Slightly volatile
Enterprise Value Over EBITDA5.414.71266.3379
Slightly volatile
Short Term Coverage Ratios0.120.137.2126
Slightly volatile
Price Book Value Ratio1.261.323714.9966
Very volatile
Days Of Payables Outstanding297334364
Slightly volatile
Price To Operating Cash Flows Ratio2.93.0501145
Slightly volatile
Ebt Per Ebit0.40.42133.2351
Slightly volatile
Company Equity Multiplier1.061.63131.2495
Pretty Stable
Long Term Debt To Capitalization0.260.24390.1004
Slightly volatile
Total Debt To Capitalization0.260.24390.1644
Pretty Stable
Debt Equity Ratio0.340.32270.199
Slightly volatile
Quick Ratio1.681.32821.0195
Slightly volatile
Dividend Paid And Capex Coverage Ratio5.044.79591.14
Slightly volatile
Net Income Per E B T0.980.75141.0158
Slightly volatile
Cash Ratio0.08790.09250.2645
Pretty Stable
Operating Cash Flow Sales Ratio0.470.72560.5204
Pretty Stable
Days Of Sales Outstanding38.4660.821.6458
Slightly volatile
Cash Flow Coverage Ratios1.281.3457.9957
Slightly volatile
Price To Book Ratio1.261.323714.9966
Very volatile
Fixed Asset Turnover0.40.42372.742
Very volatile
Capital Expenditure Coverage Ratio1.00.971.317
Slightly volatile
Price Cash Flow Ratio2.93.0501145
Slightly volatile
Enterprise Value Multiple5.414.71266.3379
Slightly volatile
Debt Ratio0.10.19780.1454
Slightly volatile
Cash Flow To Debt Ratio1.281.3457.9957
Slightly volatile
Price Sales Ratio2.12.21362.7488
Slightly volatile
Asset Turnover0.350.36672.4795
Very volatile
Gross Profit Margin0.840.93160.7386
Pretty Stable
Price Fair Value1.261.323714.9966
Very volatile

Granite Ridge Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap942 M921.4 M1.1 B
Slightly volatile
Enterprise Value540.1 M810.7 M562.3 M
Slightly volatile

Granite Fundamental Market Drivers

Forward Price Earnings6.6313
Cash And Short Term Investments9.4 M

Granite Upcoming Events

25th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
25th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Granite Ridge investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Ridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Ridge's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue380 M295.6 M
Cost Of Revenue26 M24.7 M
Sales General And Administrative To Revenue 0.06  0.07 
Capex To Revenue 0.82  0.63 
Revenue Per Share 2.92  1.78 
Ebit Per Revenue 0.16  0.10 

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When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.
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