Granite Payout Ratio from 2010 to 2024
| GRNT Stock | USD 6.45 0.10 1.53% |
Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.72241335 | Current Value 0.69 | Quarterly Volatility 1.40095496 |
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.
Granite | Payout Ratio |
Latest Granite Ridge's Payout Ratio Growth Pattern
Below is the plot of the Payout Ratio of Granite Ridge Resources over the last few years. Payout Ratio is the proportion of Granite Ridge Resources earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Granite Ridge Resources dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Granite Ridge Resources is paying out more in dividends than it makes in net income. It is Granite Ridge's Payout Ratio 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.
| Payout Ratio | 10 Years Trend |
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Payout Ratio |
| Timeline |
Granite Payout Ratio Regression Statistics
| Arithmetic Mean | 1.78 | |
| Coefficient Of Variation | 78.73 | |
| Mean Deviation | 0.82 | |
| Median | 1.99 | |
| Standard Deviation | 1.40 | |
| Sample Variance | 1.96 | |
| Range | 6.3429 | |
| R-Value | (0.21) | |
| Mean Square Error | 2.02 | |
| R-Squared | 0.04 | |
| Significance | 0.45 | |
| Slope | (0.07) | |
| Total Sum of Squares | 27.48 |
Granite Payout Ratio History
Other Fundumenentals of Granite Ridge Resources
Granite Ridge Payout Ratio component correlations
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About Granite Ridge Financial Statements
Granite Ridge shareholders use historical fundamental indicators, such as Payout Ratio, 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 Reported | Projected for Next Year | ||
| Payout Ratio | 0.72 | 0.69 | |
| Dividend Payout Ratio | 0.72 | 0.69 |
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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.