Granite Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Granite Ridge Resources
GRNT Stock  USD 5.02  0.10  2.03%   
Analyzing historical trends in various income statement and balance sheet accounts from Granite Ridge's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Granite Ridge's valuation are summarized below:
Gross Profit
347.5 M
Profit Margin
0.0883
Market Capitalization
645.8 M
Enterprise Value Revenue
2.0038
Revenue
427.8 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 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 1.3 B in 2026

Granite Ridge Total Revenue

304.75 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 22.3 M or Selling General Administrative of 16.3 M, as well as many indicators such as Price To Sales Ratio of 2.42, Dividend Yield of 0.0312 or PTB Ratio of 1.45. Granite financial statements analysis is a perfect complement when working with Granite Ridge Valuation or Volatility modules.
  
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Granite Ridge Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding106.1 M117.2 M130.5 M
Slightly volatile
Total Assets769.7 M1.2 B434.6 M
Slightly volatile
Short and Long Term Debt Total247.5 M235.8 M62.8 M
Slightly volatile
Other Current Liabilities44.7 M86.7 M22.1 M
Slightly volatile
Total Current Liabilities65.9 M117.1 M30.8 M
Slightly volatile
Total Stockholder Equity577.4 M730.7 M336.3 M
Slightly volatile
Other Liabilities130.7 M124.5 M34.5 M
Slightly volatile
Net Tangible Assets403 M715.8 M308.3 M
Slightly volatile
Property Plant And Equipment Net645.2 M1 B372.6 M
Slightly volatile
Accounts Payable23.9 M30.4 M9.6 M
Slightly volatile
Cash18.7 M10.8 M8.3 M
Slightly volatile
Non Current Assets Total648.3 M1 B373.9 M
Slightly volatile
Cash And Short Term Investments36.8 M47.4 M16.4 M
Slightly volatile
Net Receivables59.8 M80.1 M29.8 M
Slightly volatile
Liabilities And Stockholders Equity769.7 M1.2 B434.6 M
Slightly volatile
Non Current Liabilities Total361.4 M344.2 M81.4 M
Slightly volatile
Other Current Assets24.7 M28 M14.6 M
Slightly volatile
Total Liabilities484.4 M461.3 M115.5 M
Slightly volatile
Net Invested Capital506 M966.4 M245.2 M
Slightly volatile
Property Plant And Equipment Gross1.9 B1.8 B493.8 M
Slightly volatile
Short and Long Term Debt31 M57.5 M21.1 M
Slightly volatile
Total Current Assets121.3 M155.5 M60.7 M
Slightly volatile
Short Term Debt368.5 K387.9 K7.2 M
Very volatile
Common Stock12 K12.6 K143.4 M
Slightly volatile
Property Plant Equipment401.8 M741.7 M309.1 M
Slightly volatile
Long Term Debt247.5 M235.8 M54.2 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 M579.8 M
Slightly volatile
Deferred Long Term Liabilities73.3 M82.4 M90 M
Slightly volatile
Capital Stock15 K16.1 K13.4 K
Slightly volatile
Non Current Liabilities Other13.3 M15 M16.4 M
Slightly volatile

Granite Ridge Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization114.5 M203 M59.3 M
Slightly volatile
Interest Expense22.3 M21.2 M4.7 M
Slightly volatile
Selling General Administrative16.3 M28.3 M8.7 M
Slightly volatile
Total Revenue304.7 M437 M148.5 M
Slightly volatile
Other Operating Expenses201 M368.9 M102.1 M
Slightly volatile
EBITDA210.7 M253 M101 M
Slightly volatile
Cost Of Revenue173.6 M299 M89.4 M
Slightly volatile
Reconciled Depreciation213.2 M203 M54 M
Slightly volatile
Income Tax Expense8.5 M7.1 M4 M
Slightly volatile

Granite Ridge Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow15.1 M12.3 M6.9 M
Slightly volatile
Other Non Cash Items295 M281 M57.7 M
Slightly volatile
Dividends Paid69.4 M66.1 M21.7 M
Slightly volatile
Capital Expenditures234.9 M399 M114.8 M
Slightly volatile
Total Cash From Operating Activities184 M317.1 M91.9 M
Slightly volatile
End Period Cash Flow15.1 M10.8 M7.5 M
Slightly volatile
Depreciation3.9 M4.1 M62 M
Slightly volatile
Change To Operating Activities9.4 M8.9 M2.6 M
Slightly volatile
Change To Liabilities11.9 M11.3 M3.1 M
Slightly volatile
Cash And Cash Equivalents Changes31.2 M35.1 M38.3 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.422.5459.7802
Slightly volatile
Dividend Yield0.03120.06150.0221
Slightly volatile
PTB Ratio1.451.525.4292
Slightly volatile
Days Sales Outstanding45.960.2446.5325
Slightly volatile
Book Value Per Share3.184.392.3995
Slightly volatile
Operating Cash Flow Per Share1.191.910.7321
Slightly volatile
Stock Based Compensation To Revenue0.00460.00540.0055
Pretty Stable
Capex To Depreciation92.6388.2217.7525
Slightly volatile
PB Ratio1.451.525.4292
Slightly volatile
EV To Sales6.023.1411.2084
Slightly volatile
Payables Turnover12.2411.3112.1933
Slightly volatile
Sales General And Administrative To Revenue0.07920.07460.0962
Slightly volatile
Capex To Revenue0.620.820.5173
Slightly volatile
Cash Per Share0.20.280.1143
Slightly volatile
POCF Ratio3.333.51124
Slightly volatile
Payout Ratio2.92.761.7838
Very volatile
Capex To Operating Cash Flow0.91.130.841
Slightly volatile
Days Payables Outstanding26.633.429.9117
Slightly volatile
EV To Operating Cash Flow8.264.3214.7611
Slightly volatile
Current Ratio2.761.533.9642
Slightly volatile
Tangible Book Value Per Share3.184.392.3995
Slightly volatile
Receivables Turnover7.276.278.1336
Slightly volatile
Graham Number4.354.577.8413
Slightly volatile
Shareholders Equity Per Share3.184.392.3995
Slightly volatile
Debt To Equity0.30.290.1152
Slightly volatile
Capex Per Share1.292.40.8028
Slightly volatile
Average Receivables22.7 M25.6 M27.9 M
Slightly volatile
Revenue Per Share1.672.631.0451
Slightly volatile
Interest Debt Per Share1.621.540.4193
Slightly volatile
Debt To Assets0.0960.180.0805
Slightly volatile
Enterprise Value Over EBITDA8.975.4216.8831
Slightly volatile
Short Term Coverage Ratios2.93.263.5597
Slightly volatile
Operating Cycle45.960.2446.5325
Slightly volatile
Price Book Value Ratio1.451.525.4292
Slightly volatile
Days Of Payables Outstanding26.633.429.9117
Slightly volatile
Dividend Payout Ratio2.92.761.7838
Very volatile
Price To Operating Cash Flows Ratio3.333.51124
Slightly volatile
Ebt Per Ebit0.610.380.667
Very volatile
Effective Tax Rate0.140.220.0851
Slightly volatile
Company Equity Multiplier1.031.471.1618
Slightly volatile
Long Term Debt To Capitalization0.230.220.0915
Slightly volatile
Total Debt To Capitalization0.230.220.0971
Slightly volatile
Debt Equity Ratio0.30.290.1152
Slightly volatile
Quick Ratio2.761.533.9642
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.620.610.6482
Slightly volatile
Net Income Per E B T0.90.860.9219
Slightly volatile
Cash Ratio0.10.110.5079
Slightly volatile
Cash Conversion Cycle48.4834.2941.246
Pretty Stable
Operating Cash Flow Sales Ratio0.540.650.562
Slightly volatile
Days Of Sales Outstanding45.960.2446.5325
Slightly volatile
Cash Flow Coverage Ratios1.471.555.1569
Slightly volatile
Price To Book Ratio1.451.525.4292
Slightly volatile
Fixed Asset Turnover0.630.490.5311
Slightly volatile
Capital Expenditure Coverage Ratio1.120.911.3369
Slightly volatile
Price Cash Flow Ratio3.333.51124
Slightly volatile
Enterprise Value Multiple8.975.4216.8831
Slightly volatile
Debt Ratio0.0960.180.0805
Slightly volatile
Cash Flow To Debt Ratio1.471.555.1569
Slightly volatile
Price Sales Ratio2.422.5459.7802
Slightly volatile
Asset Turnover0.530.420.4627
Pretty Stable
Price Fair Value1.451.525.4292
Slightly volatile

Granite Ridge Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.3 B921.4 M1.2 B
Slightly volatile
Enterprise Value1.2 B1 B1.2 B
Slightly volatile

Granite Fundamental Market Drivers

Forward Price Earnings8.1566
Cash And Short Term Investments41.2 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 Revenue437 M304.7 M
Cost Of Revenue299 M173.6 M
Sales General And Administrative To Revenue 0.07  0.08 
Capex To Revenue 0.82  0.62 
Revenue Per Share 2.63  1.67 
Ebit Per Revenue 0.14  0.20 

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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.
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