Granite Net Receivables from 2010 to 2024

GRNT Stock  USD 6.45  0.10  1.53%   
Granite Ridge Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables will likely drop to about 53.3 M in 2024. From the period from 2010 to 2024, Granite Ridge Net Receivables quarterly data regression had r-value of  0.75 and coefficient of variation of  163.39. View All Fundamentals
 
Net Receivables  
First Reported
2010-12-31
Previous Quarter
72.9 M
Current Value
53.3 M
Quarterly Volatility
28.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 98.6 M, Interest Expense of 5.6 M or Selling General Administrative of 29.3 M, as well as many indicators such as Price To Sales Ratio of 1.93, Dividend Yield of 0.0768 or PTB Ratio of 1.13. 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.

Latest Granite Ridge's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Granite Ridge Resources over the last few years. It is Granite Ridge's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Ridge's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Granite Net Receivables Regression Statistics

Arithmetic Mean17,278,519
Geometric Mean3,445,940
Coefficient Of Variation163.39
Mean Deviation23,557,625
Median1,216,502
Standard Deviation28,231,716
Sample Variance797T
Range71.7M
R-Value0.75
Mean Square Error369.2T
R-Squared0.57
Significance0
Slope4,765,746
Total Sum of Squares11158.4T

Granite Net Receivables History

202453.3 M
202372.9 M
202272.3 M
202147.3 M

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Net Receivables, 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
Net Receivables72.9 M53.3 M

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Additional Tools for Granite Stock Analysis

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.