Granite Ridge Resources Inc (GRNT) — Defensive Interval Ratio

Latest as of June 2026: 244 days

Granite Ridge Resources Inc (GRNT) has a Defensive Interval Ratio of 244 days as of June 2026. Defensive assets of $100.96 Million (cash $-, short-term investments $0.00, receivables $100.96 Million) cover 244 days of daily cash needs of $414.38K/day.

Defensive Interval Ratio

244 days
Days of operational coverage

Defensive Assets

$100.96 Million
Cash + ST Investments + Receivables

Daily Cash Need

$414.38K
Current Liabilities ÷ 365

Current Liabilities

$151.25 Million
USD

Granite Ridge Resources Inc Defensive Interval Ratio (2020–2025)

This chart shows how Granite Ridge Resources Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 244 days, meaning defensive assets of $100.96 Million can fund 244 days of operations without new revenue. For the complete balance sheet picture, see how large is Granite Ridge Resources Inc's balance sheet.

Annual Defensive Interval Ratio for Granite Ridge Resources Inc (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for Granite Ridge Resources Inc from 2020 to 2025, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See GRNT working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 326 days $85.13 Million $260.77K/day $- $10.96 Million ▼ -37 days
2024 364 days $101.47 Million $278.93K/day $- $31.78 Million ▼ -362 days
2023 725 days $123.36 Million $170.08K/day $- $50.43 Million ▲ +314 days
2022 411 days $72.29 Million $175.71K/day $- $0.00 ▲ +156 days
2021 255 days $47.30 Million $185.20K/day $- $- ▼ -604 days
2020 860 days $9.50 Million $11.05K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)