Granite Income Tax Expense from 2010 to 2024

GRNT Stock  USD 6.45  0.10  1.53%   
Granite Ridge Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Granite Ridge Income Tax Expense quarterly data regression had r-value of  0.69 and coefficient of variation of  184.71. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
24.5 M
Current Value
25.7 M
Quarterly Volatility
8.8 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.
  
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Latest Granite Ridge's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Granite Ridge Resources over the last few years. It is Granite Ridge's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Granite Income Tax Expense Regression Statistics

Arithmetic Mean4,778,549
Geometric Mean1,268,093
Coefficient Of Variation184.71
Mean Deviation6,493,934
Median665,893
Standard Deviation8,826,591
Sample Variance77.9T
Range25.6M
R-Value0.69
Mean Square Error44.1T
R-Squared0.47
Significance0
Slope1,359,023
Total Sum of Squares1090.7T

Granite Income Tax Expense History

202425.7 M
202324.5 M
202212.8 M
2021138.1 K
20201.8 M

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Income Tax Expense, 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
Income Tax Expense24.5 M25.7 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.