Granite Total Assets from 2010 to 2024

GRNT Stock

USD 5.80 0.13 2.19%

Granite Ridge Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 494.3 M in 2024. Total Assets is 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. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

944.8 M

Current Value

494.3 M

Quarterly Volatility

304.9 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Granite Ridge Resources over the last few years. Total assets refers to the total amount of Granite Ridge 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 Granite Ridge Resources 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. It is 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. Granite Ridge's Total Assets 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.

View

Last Reported 944.78 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Granite Total Assets Regression Statistics

	Arithmetic Mean	179,962,636
	Geometric Mean	68,289,011
	Coefficient Of Variation	169.42
	Mean Deviation	225,858,330
	Median	40,783,157
	Standard Deviation	304,884,945
	Sample Variance	92954.8T
	Range	927.8M
	R-Value	0.64
	Mean Square Error	58722.9T
	R-Squared	0.41
	Significance	0.01
	Slope	43,832,900
	Total Sum of Squares	1301367.6T

Granite Total Assets History

	2024	494.3 M
	2023	944.8 M
	2022	794.8 M
	2021	17 M

Other Fundumenentals of Granite Ridge Resources

Intangibles To Total Assets

Granite Ridge Total Assets 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

Click cells to compare fundamentals

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Total Assets, 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
	Total Assets	944.8 M	494.3 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC