Granite Long Term Debt To Capitalization from 2010 to 2024

GRNT Stock  USD 6.47  0.08  1.22%   
Granite Ridge Long Term Debt To Capitalization yearly trend continues to be comparatively stable with very little volatility. Long Term Debt To Capitalization will likely drop to 0.08 in 2024. From the period from 2010 to 2024, Granite Ridge Long Term Debt To Capitalization quarterly data regression had r-value of  0.55 and coefficient of variation of  30.10. View All Fundamentals
 
Long Term Debt To Capitalization  
First Reported
2010-12-31
Previous Quarter
0.13
Current Value
0.08
Quarterly Volatility
0.02351494
 
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 Long Term Debt To Capitalization Growth Pattern

Below is the plot of the Long Term Debt To Capitalization of Granite Ridge Resources over the last few years. It is Granite Ridge's Long Term Debt To Capitalization 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.
Long Term Debt To Capitalization10 Years Trend
Slightly volatile
   Long Term Debt To Capitalization   
       Timeline  

Granite Long Term Debt To Capitalization Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.08
Coefficient Of Variation30.10
Mean Deviation0.02
Median0.07
Standard Deviation0.02
Sample Variance0.0006
Range0.0723
R-Value0.55
Mean Square Error0.0004
R-Squared0.30
Significance0.03
Slope0
Total Sum of Squares0.01

Granite Long Term Debt To Capitalization History

2024 0.08
2023 0.13
2022 0.14

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Long Term Debt To Capitalization, 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
Long Term Debt To Capitalization 0.13  0.08 

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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.