Granite Inventory from 2010 to 2025

GRNT Stock  USD 6.32  0.06  0.96%   
Granite Ridge Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory is likely to outpace its year average in 2025. From the period from 2010 to 2025, Granite Ridge Inventory quarterly data regression had mean square error of 328.1 T and mean deviation of  8,482,164. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
0.9
Current Value
0.95
Quarterly Volatility
18.1 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 6.4 M or Selling General Administrative of 33.7 M, as well as many indicators such as Price To Sales Ratio of 2.22, Dividend Yield of 0.0691 or PTB Ratio of 1.3. 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 Inventory Growth Pattern

Below is the plot of the Inventory of Granite Ridge Resources over the last few years. It is Granite Ridge's Inventory 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.
Inventory10 Years Trend
Pretty Stable
   Inventory   
       Timeline  

Granite Inventory Regression Statistics

Arithmetic Mean(4,429,690)
Coefficient Of Variation(408.50)
Mean Deviation8,482,164
Median128,359
Standard Deviation18,095,372
Sample Variance327.4T
Range72.4M
R-Value(0.25)
Mean Square Error328.1T
R-Squared0.06
Significance0.34
Slope(967,122)
Total Sum of Squares4911.6T

Granite Inventory History

2025 0.95
2024 0.9
2022-72.3 M
2021 1.0

Other Fundumenentals of Granite Ridge Resources

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Inventory, 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
Inventory 0.90  0.95 
Inventory Turnover(0.77)(0.73)
Days Of Inventory On Hand(626.95)(595.60)
Average Inventory-32.5 M-34.2 M
Days Of Inventory Outstanding(626.95)(595.60)

Thematic Opportunities

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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.