Granite Cash And Short Term Investments from 2010 to 2024

GRNT Stock  USD 5.80  0.13  2.19%   
Granite Ridge Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments will likely drop to about 31.3 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
60.9 M
Current Value
31.3 M
Quarterly Volatility
20 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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Granite Ridge Resources over the last few years. Short Term Investments is an account in the current assets section of Granite Ridge Resources balance sheet. This account contains Granite Ridge investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Granite Ridge Resources fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Granite Ridge's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Granite Cash And Short Term Investments Regression Statistics

Arithmetic Mean10,523,992
Geometric Mean2,535,323
Coefficient Of Variation190.43
Mean Deviation14,852,040
Median1,287,022
Standard Deviation20,040,988
Sample Variance401.6T
Range60.1M
R-Value0.65
Mean Square Error251T
R-Squared0.42
Significance0.01
Slope2,903,071
Total Sum of Squares5623T

Granite Cash And Short Term Investments History

202431.3 M
202360.9 M
202250.8 M
2021740.4 K

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments60.9 M31.3 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.