Gran Other Assets from 2010 to 2024

GTE Stock  USD 6.03  0.34  5.34%   
Gran Tierra's Other Assets are increasing over the years with slightly volatile fluctuation. Other Assets are expected to dwindle to about 35 M. During the period from 2010 to 2024 Gran Tierra Other Assets annual values regression line had geometric mean of  22,868,177 and mean square error of 711.4 T. View All Fundamentals
 
Other Assets  
First Reported
2005-12-31
Previous Quarter
19.6 M
Current Value
17 M
Quarterly Volatility
54.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gran Tierra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gran Tierra's main balance sheet or income statement drivers, such as Depreciation And Amortization of 176.2 M, Interest Expense of 58.6 M or Selling General Administrative of 43.6 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 0.45. Gran financial statements analysis is a perfect complement when working with Gran Tierra Valuation or Volatility modules.
  
Check out the analysis of Gran Tierra Correlation against competitors.

Latest Gran Tierra's Other Assets Growth Pattern

Below is the plot of the Other Assets of Gran Tierra Energy over the last few years. It is Gran Tierra's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gran Tierra's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Gran Other Assets Regression Statistics

Arithmetic Mean41,883,014
Geometric Mean22,868,177
Coefficient Of Variation77.47
Mean Deviation26,695,821
Median38,325,000
Standard Deviation32,448,757
Sample Variance1052.9T
Range103.2M
R-Value0.61
Mean Square Error711.4T
R-Squared0.37
Significance0.02
Slope4,429,156
Total Sum of Squares14740.9T

Gran Other Assets History

202435 M
202344.1 M
202238.3 M
202191.5 M
2020103.4 M
201974 M
201850 M

About Gran Tierra Financial Statements

Gran Tierra stakeholders use historical fundamental indicators, such as Gran Tierra's Other Assets, to determine how well the company is positioned to perform in the future. Although Gran Tierra investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gran Tierra's assets and liabilities are reflected in the revenues and expenses on Gran Tierra's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Gran Tierra Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets44.1 M35 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's future performance. For an informed investment choice regarding Gran Stock, refer to the following important reports:
Check out the analysis of Gran Tierra Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gran Tierra. If investors know Gran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gran Tierra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
1.43
Revenue Per Share
19.878
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0651
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.