Granite Ridge Resources Inc (GRNT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Granite Ridge Resources Inc (GRNT) has a cash flow conversion efficiency ratio of 0.121x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($77.78 Million) by net assets ($643.89 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Granite Ridge Resources Inc (GRNT) defensive interval to measure how many days the company can operate on defensive assets alone.
Granite Ridge Resources Inc - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Granite Ridge Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Granite Ridge Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Granite Ridge Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jinyuan Cement Co Ltd
SHE:000546
|
0.034x |
|
Xinjiang Sailing Information Technology Co Ltd
SHE:300588
|
0.057x |
|
Invengo Information Technology Co Ltd
SHE:002161
|
0.016x |
|
Changshu Automotive Trim Co
SHG:603035
|
-0.004x |
|
Northpointe Bancshares, Inc.
NYSE:NPB
|
0.064x |
|
Bénéteau S.A.
PA:BEN
|
0.192x |
|
Kimball Electronics
NASDAQ:KE
|
0.012x |
|
Vatti Corp Ltd
SHE:002035
|
0.032x |
Annual Cash Flow Conversion Efficiency for Granite Ridge Resources Inc (2020–2024)
The table below shows the annual cash flow conversion efficiency of Granite Ridge Resources Inc from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Granite Ridge Resources Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $635.35 Million | $275.73 Million | 0.434x | -3.76% |
| 2023-12-31 | $671.64 Million | $302.87 Million | 0.451x | -13.53% |
| 2022-12-31 | $664.25 Million | $346.39 Million | 0.521x | +4424.61% |
| 2021-12-31 | $474.93 Million | $5.47 Million | 0.012x | -96.92% |
| 2020-12-31 | $178.43 Million | $66.81 Million | 0.374x | -- |
About Granite Ridge Resources Inc
Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.