Granite Total Assets from 2010 to 2024

GRNT Stock

USD 6.67 0.11 1.62%

Granite Ridge Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 489.4 M in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

927.1 M

Current Value

489.4 M

Quarterly Volatility

301.4 M

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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.

Check out the analysis of Granite Ridge Correlation against competitors.

Latest Granite Ridge's Total Assets Growth Pattern

Below is the plot of the Total Assets of Granite Ridge Resources over the last few years. Total assets refers to the total amount of Granite Ridge assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Granite Ridge Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Granite Ridge's Total Assets 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.

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Last Reported 927.1 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Granite Total Assets Regression Statistics

	Arithmetic Mean	178,460,176
	Geometric Mean	68,158,161
	Coefficient Of Variation	168.88
	Mean Deviation	223,454,394
	Median	40,783,157
	Standard Deviation	301,374,990
	Sample Variance	90826.9T
	Range	910.1M
	R-Value	0.64
	Mean Square Error	57370.5T
	R-Squared	0.41
	Significance	0.01
	Slope	43,332,606
	Total Sum of Squares	1271576.4T

Granite Total Assets History

	2024	489.4 M
	2023	927.1 M
	2022	794.8 M
	2021	17 M

Other Fundumenentals of Granite Ridge Resources

Intangibles To Total Assets

Granite Ridge Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Capital Stock
Total Assets		1.0	0.98	0.42	0.9	0.94	0.89	0.92	1.0	0.8	1.0	1.0	-0.34	-0.96	0.98	0.94	-0.58	-0.58	0.6
Total Stockholder Equity	1.0		0.98	0.39	0.89	0.94	0.89	0.91	1.0	0.8	1.0	1.0	-0.34	-0.96	0.98	0.94	-0.57	-0.57	0.58
Net Tangible Assets	0.98	0.98		0.38	0.83	0.9	0.95	0.88	0.98	0.91	0.98	0.99	-0.14	-0.9	1.0	0.9	-0.52	-0.52	0.54
Net Debt	0.42	0.39	0.38		0.7	0.57	0.37	0.67	0.45	0.3	0.37	0.39	-0.2	-0.5	0.37	0.57	-0.88	-0.88	0.89
Retained Earnings	0.9	0.89	0.83	0.7		0.98	0.78	0.99	0.9	0.64	0.89	0.89	-0.45	-0.97	0.83	0.98	-0.86	-0.86	0.87
Accounts Payable	0.94	0.94	0.9	0.57	0.98		0.88	0.99	0.94	0.76	0.94	0.95	-0.34	-0.99	0.9	1.0	-0.79	-0.79	0.8
Net Receivables	0.89	0.89	0.95	0.37	0.78	0.88		0.85	0.89	0.97	0.9	0.92	0.09	-0.84	0.94	0.88	-0.58	-0.58	0.59
Total Liab	0.92	0.91	0.88	0.67	0.99	0.99	0.85		0.92	0.73	0.91	0.92	-0.34	-0.97	0.87	0.99	-0.85	-0.85	0.86
Net Invested Capital	1.0	1.0	0.98	0.45	0.9	0.94	0.89	0.92		0.8	0.99	0.99	-0.34	-0.95	0.98	0.94	-0.59	-0.59	0.61
Short Long Term Debt	0.8	0.8	0.91	0.3	0.64	0.76	0.97	0.73	0.8		0.81	0.84	0.28	-0.7	0.89	0.76	-0.45	-0.45	0.46
Total Current Assets	1.0	1.0	0.98	0.37	0.89	0.94	0.9	0.91	0.99	0.81		1.0	-0.33	-0.96	0.98	0.94	-0.56	-0.56	0.58
Net Working Capital	1.0	1.0	0.99	0.39	0.89	0.95	0.92	0.92	0.99	0.84	1.0		-0.29	-0.95	0.99	0.95	-0.57	-0.57	0.59
Short Term Debt	-0.34	-0.34	-0.14	-0.2	-0.45	-0.34	0.09	-0.34	-0.34	0.28	-0.33	-0.29		0.44	-0.17	-0.34	0.25	0.25	-0.25
Common Stock	-0.96	-0.96	-0.9	-0.5	-0.97	-0.99	-0.84	-0.97	-0.95	-0.7	-0.96	-0.95	0.44		-0.9	-0.99	0.73	0.73	-0.74
Property Plant Equipment	0.98	0.98	1.0	0.37	0.83	0.9	0.94	0.87	0.98	0.89	0.98	0.99	-0.17	-0.9		0.9	-0.52	-0.52	0.53
Long Term Debt	0.94	0.94	0.9	0.57	0.98	1.0	0.88	0.99	0.94	0.76	0.94	0.95	-0.34	-0.99	0.9		-0.79	-0.79	0.8
Capital Surpluse	-0.58	-0.57	-0.52	-0.88	-0.86	-0.79	-0.58	-0.85	-0.59	-0.45	-0.56	-0.57	0.25	0.73	-0.52	-0.79		1.0	-1.0
Deferred Long Term Liab	-0.58	-0.57	-0.52	-0.88	-0.86	-0.79	-0.58	-0.85	-0.59	-0.45	-0.56	-0.57	0.25	0.73	-0.52	-0.79	1.0		-1.0
Capital Stock	0.6	0.58	0.54	0.89	0.87	0.8	0.59	0.86	0.61	0.46	0.58	0.59	-0.25	-0.74	0.53	0.8	-1.0	-1.0

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About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Total Assets, 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
	Total Assets	927.1 M	489.4 M

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