Granite Net Debt from 2010 to 2024

GRNT Stock

USD 5.80 0.13 2.19%

Granite Ridge Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt is likely to outpace its year average in 2024. Net Debt is the total debt of Granite Ridge Resources minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

2010-12-31

Previous Quarter

99.6 M

Current Value

104.5 M

Quarterly Volatility

38.5 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 Net Debt Growth Pattern

Below is the plot of the Net Debt of Granite Ridge Resources over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Granite Ridge's Net Debt 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.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

Granite Net Debt Regression Statistics

	Arithmetic Mean	13,992,527
	Coefficient Of Variation	275.33
	Mean Deviation	23,484,459
	Median	5,112,978
	Standard Deviation	38,525,875
	Sample Variance	1484.2T
	Range	155.4M
	R-Value	0.40
	Mean Square Error	1343.1T
	R-Squared	0.16
	Significance	0.14
	Slope	3,443,027
	Total Sum of Squares	20779.4T

Granite Net Debt History

	2024	104.5 M
	2023	99.6 M
	2022	-50.8 M
	2021	359.6 K

Other Fundumenentals of Granite Ridge Resources

Net Debt To E B I T D A

Granite Ridge Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Capital Stock
Total Assets		1.0	0.98	0.42	0.9	0.94	1.0	0.91	1.0	0.8	1.0	1.0	-0.34	-0.95	0.98	0.94	-0.58	-0.58	0.6
Total Stockholder Equity	1.0		0.98	0.39	0.89	0.94	1.0	0.91	1.0	0.8	1.0	1.0	-0.34	-0.96	0.98	0.94	-0.57	-0.57	0.58
Net Tangible Assets	0.98	0.98		0.38	0.83	0.9	0.98	0.87	0.98	0.91	0.98	0.99	-0.14	-0.9	1.0	0.9	-0.52	-0.52	0.54
Net Debt	0.42	0.39	0.38		0.7	0.57	0.36	0.69	0.45	0.3	0.37	0.39	-0.2	-0.5	0.37	0.57	-0.88	-0.88	0.89
Retained Earnings	0.9	0.89	0.83	0.7		0.98	0.88	0.99	0.9	0.64	0.89	0.89	-0.45	-0.97	0.83	0.98	-0.86	-0.86	0.87
Accounts Payable	0.94	0.94	0.9	0.57	0.98		0.94	0.99	0.94	0.76	0.94	0.95	-0.34	-0.99	0.9	1.0	-0.79	-0.79	0.8
Net Receivables	1.0	1.0	0.98	0.36	0.88	0.94		0.9	0.99	0.81	1.0	1.0	-0.32	-0.96	0.98	0.94	-0.56	-0.56	0.57
Total Liab	0.91	0.91	0.87	0.69	0.99	0.99	0.9		0.91	0.72	0.9	0.91	-0.34	-0.97	0.87	0.99	-0.86	-0.86	0.87
Net Invested Capital	1.0	1.0	0.98	0.45	0.9	0.94	0.99	0.91		0.8	0.99	0.99	-0.34	-0.95	0.98	0.94	-0.59	-0.59	0.61
Short Long Term Debt	0.8	0.8	0.91	0.3	0.64	0.76	0.81	0.72	0.8		0.81	0.84	0.28	-0.7	0.89	0.76	-0.45	-0.45	0.46
Total Current Assets	1.0	1.0	0.98	0.37	0.89	0.94	1.0	0.9	0.99	0.81		1.0	-0.33	-0.96	0.98	0.94	-0.56	-0.56	0.58
Net Working Capital	1.0	1.0	0.99	0.39	0.89	0.95	1.0	0.91	0.99	0.84	1.0		-0.29	-0.95	0.99	0.95	-0.57	-0.57	0.59
Short Term Debt	-0.34	-0.34	-0.14	-0.2	-0.45	-0.34	-0.32	-0.34	-0.34	0.28	-0.33	-0.29		0.44	-0.17	-0.34	0.25	0.25	-0.25
Common Stock	-0.95	-0.96	-0.9	-0.5	-0.97	-0.99	-0.96	-0.97	-0.95	-0.7	-0.96	-0.95	0.44		-0.9	-0.99	0.73	0.73	-0.74
Property Plant Equipment	0.98	0.98	1.0	0.37	0.83	0.9	0.98	0.87	0.98	0.89	0.98	0.99	-0.17	-0.9		0.9	-0.52	-0.52	0.53
Long Term Debt	0.94	0.94	0.9	0.57	0.98	1.0	0.94	0.99	0.94	0.76	0.94	0.95	-0.34	-0.99	0.9		-0.79	-0.79	0.8
Capital Surpluse	-0.58	-0.57	-0.52	-0.88	-0.86	-0.79	-0.56	-0.86	-0.59	-0.45	-0.56	-0.57	0.25	0.73	-0.52	-0.79		1.0	-1.0
Deferred Long Term Liab	-0.58	-0.57	-0.52	-0.88	-0.86	-0.79	-0.56	-0.86	-0.59	-0.45	-0.56	-0.57	0.25	0.73	-0.52	-0.79	1.0		-1.0
Capital Stock	0.6	0.58	0.54	0.89	0.87	0.8	0.57	0.87	0.61	0.46	0.58	0.59	-0.25	-0.74	0.53	0.8	-1.0	-1.0

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About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Net Debt, 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 Reported	Projected for Next Year
Net Debt	99.6 M	104.5 M
Net Debt To EBITDA	0.36	0.38

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Granite Net Debt from 2010 to 2024

Latest Granite Ridge's Net Debt Growth Pattern

Granite Net Debt Regression Statistics

Granite Net Debt History

Other Fundumenentals of Granite Ridge Resources

Granite Ridge Net Debt component correlations

About Granite Ridge Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Granite Stock Analysis

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