Granite Total Current Liabilities from 2010 to 2024

GRNT Stock  USD 6.78  0.17  2.57%   
Granite Ridge Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 36.8 M in 2024. Total Current Liabilities is the total amount of liabilities that Granite Ridge Resources is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
62.1 M
Current Value
36.8 M
Quarterly Volatility
20.7 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.
  
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Latest Granite Ridge's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Granite Ridge Resources over the last few years. Total Current Liabilities is an item on Granite Ridge balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Granite Ridge Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Granite Ridge's Total Current Liabilities 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 Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Granite Total Current Liabilities Regression Statistics

Arithmetic Mean16,112,129
Geometric Mean9,052,810
Coefficient Of Variation128.31
Mean Deviation15,296,022
Median7,086,184
Standard Deviation20,673,001
Sample Variance427.4T
Range63.5M
R-Value0.62
Mean Square Error285.4T
R-Squared0.38
Significance0.01
Slope2,849,508
Total Sum of Squares5983.2T

Granite Total Current Liabilities History

202436.8 M
202362.1 M
202264.1 M
2021677.4 K

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Total Current Liabilities, 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 Liabilities62.1 M36.8 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.