Granite Ridge Net Worth

Granite Ridge Net Worth Analysis

Know Granite Ridge's Top Institutional Investors

Note, although Granite Ridge's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Granite Ridge's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 872.06 M.

Project Granite Ridge's profitablity

The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.41 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.41.

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate Granite Ridge's management efficiency

Granite Ridge Resources has return on total asset (ROA) of 0.08 % which means that it generated a profit of $0.08 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0731 %, meaning that it created $0.0731 on every $100 dollars invested by stockholders. Granite Ridge's management efficiency ratios could be used to measure how well Granite Ridge manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.09 in 2024. Return On Capital Employed is likely to gain to 0.14 in 2024. At this time, Granite Ridge's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 11.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 36.8 M in 2024.

Granite Ridge Corporate Filings

Granite Ridge time-series forecasting models is one of many Granite Ridge's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Granite Ridge's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Granite Ridge Earnings per Share Projection vs Actual

Granite Ridge Corporate Management

Additional Tools for Granite Stock Analysis