Granite Total Current Assets from 2010 to 2024

GRNT Stock  USD 6.67  0.11  1.62%   
Granite Ridge Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 83.3 M in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
151.6 M
Current Value
83.3 M
Quarterly Volatility
53.3 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.
  
Check out the analysis of Granite Ridge Correlation against competitors.

Latest Granite Ridge's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Granite Ridge Resources over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Granite Ridge's Total Current 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Granite Total Current Assets Regression Statistics

Arithmetic Mean27,794,749
Geometric Mean6,232,446
Coefficient Of Variation191.91
Mean Deviation39,704,620
Median3,072,654
Standard Deviation53,342,138
Sample Variance2845.4T
Range149.6M
R-Value0.65
Mean Square Error1777.5T
R-Squared0.42
Significance0.01
Slope7,729,302
Total Sum of Squares39835.4T

Granite Total Current Assets History

202483.3 M
2023151.6 M
2022146.3 M
2021M

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Total Current 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 ReportedProjected for Next Year
Total Current Assets151.6 M83.3 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.