Gran Historical Balance Sheet

GTE Stock

CAD 8.93 0.13 1.48%

Trend analysis of Gran Tierra Energy balance sheet accounts such as Other Current Liabilities of 75.6 M or Total Current Liabilities of 167.3 M provides information on Gran Tierra's total assets, liabilities, and equity, which is the actual value of Gran Tierra Energy to its prevalent stockholders. By breaking down trends over time using Gran Tierra balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Gran Tierra Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gran Tierra Energy is a good buy for the upcoming year.

Gran Tierra Inventory

30.49 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Gran Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Gran Tierra Energy at a specified time, usually calculated after every quarter, six months, or one year. Gran Tierra Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gran Tierra and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gran currently owns. An asset can also be divided into two categories, current and non-current.

Gran Tierra Balance Sheet Chart

At this time, Gran Tierra's Inventory is very stable compared to the past year. As of the 24th of November 2024, Other Current Assets is likely to grow to about 11.1 M, while Short and Long Term Debt Total is likely to drop about 548.2 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Non Current Assets Total

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Total Assets

Total assets refers to the total amount of Gran Tierra 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 Gran Tierra Energy 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. 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.

Total Current Liabilities

Total Current Liabilities is an item on Gran Tierra balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gran Tierra Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most accounts from Gran Tierra's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gran Tierra Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	654.4M	589.6M	555.1M	548.2M
Total Assets	1.2B	1.3B	1.3B	1.4B

Short Long Term Debt Total Total Assets

Gran Tierra balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.5	0.54	0.73	0.77	0.96	-0.1	0.24	0.79	0.45	0.96	0.0	0.55	0.68	0.7	0.07	0.29	0.2	0.2	0.68	0.43	0.05	0.72	0.73	0.06	0.12
Short Long Term Debt Total	0.5		0.13	0.45	-0.09	0.64	0.66	-0.56	0.62	-0.17	0.61	0.55	-0.07	0.22	0.65	-0.05	0.87	-0.09	0.44	0.71	0.88	0.47	0.03	0.66	-0.55	-0.65
Other Current Liab	0.54	0.13		0.82	0.44	0.41	-0.43	0.3	0.26	0.83	0.37	-0.04	0.81	0.0	0.27	-0.32	-0.02	0.23	-0.01	0.15	0.18	0.25	0.72	0.26	0.41	0.22
Total Current Liabilities	0.73	0.45	0.82		0.4	0.74	-0.05	-0.01	0.69	0.5	0.7	0.17	0.51	0.2	0.61	0.01	0.37	0.2	0.29	0.56	0.57	0.49	0.53	0.58	0.08	-0.11
Total Stockholder Equity	0.77	-0.09	0.44	0.4		0.59	-0.66	0.76	0.36	0.67	0.61	-0.45	0.73	0.71	0.36	0.02	-0.34	0.24	-0.16	0.24	-0.2	-0.45	0.86	0.4	0.46	0.64
Property Plant And Equipment Net	0.96	0.64	0.41	0.74	0.59		0.16	-0.02	0.9	0.21	1.0	0.15	0.31	0.62	0.8	0.19	0.52	0.12	0.37	0.82	0.64	0.21	0.49	0.81	-0.17	-0.12
Net Debt	-0.1	0.66	-0.43	-0.05	-0.66	0.16		-0.9	0.34	-0.8	0.15	0.58	-0.74	-0.16	0.25	0.27	0.85	-0.31	0.5	0.44	0.74	0.53	-0.69	0.23	-0.8	-0.84
Retained Earnings	0.24	-0.56	0.3	-0.01	0.76	-0.02	-0.9		-0.18	0.69	0.0	-0.73	0.7	0.45	-0.29	-0.28	-0.74	0.2	-0.58	-0.45	-0.66	-0.67	0.73	-0.26	0.81	0.96
Accounts Payable	0.79	0.62	0.26	0.69	0.36	0.9	0.34	-0.18		-0.01	0.88	0.18	0.08	0.52	0.72	0.21	0.62	0.08	0.43	0.75	0.72	0.37	0.27	0.7	-0.28	-0.25
Cash	0.45	-0.17	0.83	0.5	0.67	0.21	-0.8	0.69	-0.01		0.19	-0.34	0.98	0.14	0.07	-0.43	-0.47	0.35	-0.33	-0.12	-0.29	-0.15	0.9	0.09	0.65	0.59
Non Current Assets Total	0.96	0.61	0.37	0.7	0.61	1.0	0.15	0.0	0.88	0.19		0.14	0.29	0.64	0.79	0.24	0.48	0.1	0.37	0.82	0.6	0.16	0.49	0.82	-0.17	-0.1
Non Currrent Assets Other	0.0	0.55	-0.04	0.17	-0.45	0.15	0.58	-0.73	0.18	-0.34	0.14		-0.36	-0.38	0.33	-0.07	0.53	0.19	0.53	0.43	0.51	0.63	-0.39	0.3	-0.45	-0.72
Cash And Short Term Investments	0.55	-0.07	0.81	0.51	0.73	0.31	-0.74	0.7	0.08	0.98	0.29	-0.36		0.25	0.11	-0.45	-0.38	0.29	-0.33	-0.07	-0.21	-0.2	0.95	0.15	0.62	0.6
Net Receivables	0.68	0.22	0.0	0.2	0.71	0.62	-0.16	0.45	0.52	0.14	0.64	-0.38	0.25		0.27	0.15	0.08	-0.01	-0.07	0.31	0.12	-0.45	0.54	0.32	0.23	0.4
Common Stock Total Equity	0.7	0.65	0.27	0.61	0.36	0.8	0.25	-0.29	0.72	0.07	0.79	0.33	0.11	0.27		0.3	0.55	0.08	0.49	0.93	0.63	0.29	0.21	0.98	-0.48	-0.48
Common Stock Shares Outstanding	0.07	-0.05	-0.32	0.01	0.02	0.19	0.27	-0.28	0.21	-0.43	0.24	-0.07	-0.45	0.15	0.3		0.15	-0.37	0.43	0.46	0.14	-0.01	-0.34	0.33	-0.37	-0.25
Non Current Liabilities Total	0.29	0.87	-0.02	0.37	-0.34	0.52	0.85	-0.74	0.62	-0.47	0.48	0.53	-0.38	0.08	0.55	0.15		-0.3	0.57	0.66	0.97	0.5	-0.3	0.52	-0.64	-0.77
Inventory	0.2	-0.09	0.23	0.2	0.24	0.12	-0.31	0.2	0.08	0.35	0.1	0.19	0.29	-0.01	0.08	-0.37	-0.3		-0.42	-0.03	-0.21	0.27	0.31	0.04	0.17	0.15
Other Current Assets	0.2	0.44	-0.01	0.29	-0.16	0.37	0.5	-0.58	0.43	-0.33	0.37	0.53	-0.33	-0.07	0.49	0.43	0.57	-0.42		0.65	0.57	0.38	-0.29	0.53	-0.42	-0.59
Other Stockholder Equity	0.68	0.71	0.15	0.56	0.24	0.82	0.44	-0.45	0.75	-0.12	0.82	0.43	-0.07	0.31	0.93	0.46	0.66	-0.03	0.65		0.72	0.35	0.07	0.94	-0.57	-0.57
Total Liab	0.43	0.88	0.18	0.57	-0.2	0.64	0.74	-0.66	0.72	-0.29	0.6	0.51	-0.21	0.12	0.63	0.14	0.97	-0.21	0.57	0.72		0.57	-0.13	0.6	-0.54	-0.71
Property Plant And Equipment Gross	0.05	0.47	0.25	0.49	-0.45	0.21	0.53	-0.67	0.37	-0.15	0.16	0.63	-0.2	-0.45	0.29	-0.01	0.5	0.27	0.38	0.35	0.57		-0.27	0.25	-0.48	-0.67
Total Current Assets	0.72	0.03	0.72	0.53	0.86	0.49	-0.69	0.73	0.27	0.9	0.49	-0.39	0.95	0.54	0.21	-0.34	-0.3	0.31	-0.29	0.07	-0.13	-0.27		0.26	0.6	0.62
Common Stock	0.73	0.66	0.26	0.58	0.4	0.81	0.23	-0.26	0.7	0.09	0.82	0.3	0.15	0.32	0.98	0.33	0.52	0.04	0.53	0.94	0.6	0.25	0.26		-0.47	-0.44
Other Liab	0.06	-0.55	0.41	0.08	0.46	-0.17	-0.8	0.81	-0.28	0.65	-0.17	-0.45	0.62	0.23	-0.48	-0.37	-0.64	0.17	-0.42	-0.57	-0.54	-0.48	0.6	-0.47		0.85
Net Tangible Assets	0.12	-0.65	0.22	-0.11	0.64	-0.12	-0.84	0.96	-0.25	0.59	-0.1	-0.72	0.6	0.4	-0.48	-0.25	-0.77	0.15	-0.59	-0.57	-0.71	-0.67	0.62	-0.44	0.85

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Gran Tierra Account Relationship Matchups

Gran Tierra balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.2B	1.2B	1.3B	1.3B	1.4B
Short Long Term Debt Total	795.2M	774.8M	654.4M	589.6M	555.1M	548.2M
Other Current Liab	47.6M	43.2M	69.9M	127.4M	101.9M	75.6M
Total Current Liabilities	199.3M	113.7M	228.0M	241.6M	260.3M	167.3M
Total Stockholder Equity	1.0B	257.0M	302.1M	417.6M	396.4M	376.6M
Property Plant And Equipment Net	1.6B	964.5M	995.8M	1.1B	1.1B	985.6M
Net Debt	692.2M	761.1M	628.3M	462.7M	493.0M	517.6M
Retained Earnings	(260.3M)	(1.0B)	(995.8M)	(856.7M)	(863.0M)	(819.9M)
Accounts Payable	151.7M	70.5M	91.1M	114.3M	122.7M	82.8M
Cash	8.3M	13.7M	26.1M	126.9M	62.1M	111.3M
Non Current Assets Total	1.8B	1.1B	1.1B	1.2B	1.2B	1.1B
Non Currrent Assets Other	30.0M	46.1M	30.0M	43.1M	60.1M	63.1M
Cash And Short Term Investments	103.0M	62.0M	26.1M	126.9M	62.1M	120.3M
Net Receivables	172.1M	58.0M	58.7M	10.8M	12.4M	11.7M
Common Stock Shares Outstanding	37.7M	36.7M	367.9M	36.9M	33.5M	31.8M
Liabilities And Stockholders Equity	2.0B	1.2B	1.2B	1.3B	1.3B	1.4B
Non Current Liabilities Total	812.7M	831.1M	659.0M	676.4M	669.6M	372.7M
Inventory	516K	427K	392K	1.1M	29.0M	30.5M
Other Current Assets	15.0M	13.5M	16.6M	29.8M	8.9M	11.1M
Other Stockholder Equity	1.3B	1.3B	1.3B	1.3B	1.2B	1.0B
Total Liab	1.0B	944.7M	887.0M	918.0M	929.9M	540.1M
Property Plant And Equipment Gross	1.6B	964.5M	4.5B	4.8B	5.0B	5.3B
Total Current Assets	290.7M	133.9M	101.8M	168.6M	112.5M	184.1M
Common Stock	10.3M	10.3M	10.3M	10.3M	9.9M	7.8M
Other Liab	112.3M	56.3M	71.6M	86.8M	78.1M	90.7M
Net Tangible Assets	930.0M	257.0M	302.1M	417.6M	375.8M	626.0M
Other Assets	74.0M	103.4M	91.5M	38.3M	44.1M	60.3M
Property Plant Equipment	1.6B	964.5M	995.8M	1.1B	1.3B	1.2B
Short Term Debt	32.7M	94.7M	0.0	67.0M	35.6M	37.3M
Capital Surpluse	1.3B	1.3B	1.3B	1.3B	1.5B	1.4B
Long Term Debt	696.9M	771.9M	586.0M	568.9M	493.0M	546.9M
Long Term Debt Total	700.5M	774.8M	587.4M	589.6M	678.0M	552.1M
Non Current Liabilities Other	4.3M	4.1M	3.4M	7.0M	10.9M	6.4M
Cash And Equivalents	8.3M	13.7M	26.1M	126.9M	145.9M	153.2M
Net Invested Capital	1.7B	1.0B	888.1M	986.5M	925.0M	934.9M

Pair Trading with Gran Tierra

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gran Tierra position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gran Tierra will appreciate offsetting losses from the drop in the long position's value.

Moving against Gran Stock

0.6	PIC-A	Premium Income Split	Pair Corr
0.43	ENB-PFV	Enbridge Pref 5	Pair Corr
0.43	ENS	E Split Corp	Pair Corr
0.37	ENB-PFU	Enbridge Pref L	Pair Corr
0.35	SAGE	Sage Potash Corp	Pair Corr

The ability to find closely correlated positions to Gran Tierra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gran Tierra when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gran Tierra - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gran Tierra Energy to buy it.

The correlation of Gran Tierra is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gran Tierra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gran Tierra Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Gran Tierra can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Gran

Details

Is Gran Stock a good investment?

Details

What is Gran Tierra's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

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You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Gran Historical Balance Sheet

Gran Tierra Inventory

30.49 Million

About Gran Balance Sheet Analysis

Gran Tierra Balance Sheet Chart

Total Assets

Total Current Liabilities

Non Current Assets Total

Gran Tierra balance sheet Correlations

Gran Tierra Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gran Tierra balance sheet Accounts

Pair Trading with Gran Tierra

Moving against Gran Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Cash
Common Stock	+ 0.98	Common Stock Total Equity
Total Liab	+ 0.97	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.96	Total Assets
Non Current Assets Total	+ 0.96	Total Assets

Retained Earnings	- 0.9	Net Debt
Net Tangible Assets	- 0.84	Net Debt
Other Liab	- 0.8	Net Debt
Cash	- 0.8	Net Debt
Net Tangible Assets	- 0.77	Non Current Liabilities Total
Non Current Liabilities Total	- 0.74	Retained Earnings