Granite Ridge Resources Stock Net Asset
| GRNT Stock | USD 5.95 0.01 0.17% |
Granite Ridge Resources fundamentals help investors to digest information that contributes to Granite Ridge's financial success or failures. It also enables traders to predict the movement of Granite Stock. The fundamental analysis module provides a way to measure Granite Ridge's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Granite Ridge stock.
Granite |
Granite Ridge Resources Company Net Asset Analysis
Granite Ridge's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Granite Ridge Net Asset | 1.04 B |
Most of Granite Ridge's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Granite Ridge Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Granite Ridge Resources has a Net Asset of 1.04 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.
Granite Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Ridge's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Granite Ridge could also be used in its relative valuation, which is a method of valuing Granite Ridge by comparing valuation metrics of similar companies.Granite Ridge is currently under evaluation in net asset category among its peers.
Granite Fundamentals
| Return On Equity | 0.0287 | ||||
| Return On Asset | 0.06 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 918.59 M | ||||
| Shares Outstanding | 130.81 M | ||||
| Shares Owned By Insiders | 50.40 % | ||||
| Shares Owned By Institutions | 78.40 % | ||||
| Number Of Shares Shorted | 3.8 M | ||||
| Price To Earning | 459.50 X | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 2.16 X | ||||
| Revenue | 380.03 M | ||||
| Gross Profit | 296.56 M | ||||
| EBITDA | 219.97 M | ||||
| Net Income | 18.76 M | ||||
| Cash And Equivalents | 172.1 K | ||||
| Total Debt | 205 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 0.02 X | ||||
| Book Value Per Share | 4.86 X | ||||
| Cash Flow From Operations | 275.73 M | ||||
| Short Ratio | 13.27 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Target Price | 7.56 | ||||
| Beta | 0.2 | ||||
| Market Capitalization | 777.03 M | ||||
| Total Asset | 1.04 B | ||||
| Retained Earnings | 16.05 M | ||||
| Working Capital | 33.41 M | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 1.04 B | ||||
| Last Dividend Paid | 0.44 |
About Granite Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Granite Ridge Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Ridge Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.