Granite Ridge Resources Inc Strategic Asset Allocation Index

Latest as of September 2023: 125.4%

Granite Ridge Resources Inc strategic asset allocation index. Granite Ridge Resources Inc (GRNT) has a Strategic Asset Allocation Index of 125.4% as of September 2023. Strategic assets (PP&E of $815.17 Million plus long-term investments of $-) total $815.17 Million, measured against net assets of $650.18 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check tangible equity quality of Granite Ridge Resources Inc to evaluate the tangible quality of the company's equity base.

SAAI

125.4%
Strategic Assets / Net Assets

Strategic Assets

$815.17 Million
PP&E + LT Investments

PP&E

$815.17 Million
USD

Net Assets

$650.18 Million
USD

Strategic Asset Allocation Index of Granite Ridge Resources Inc (2020–2022)

Strategic asset allocation index of Granite Ridge Resources Inc from 2020 to 2022. This chart shows how Granite Ridge Resources Inc's Strategic Asset Allocation Index has evolved across 3 annual periods from 2020 to 2022. As of September 2023, the index stands at 125.4%, representing strategic assets of $815.17 Million against net assets of $650.18 Million USD.

Granite Ridge Resources Inc Strategic Asset Allocation Index by Year (2020–2022)

Granite Ridge Resources Inc strategic asset allocation index by year from 2020 to 2022. The table below presents the year-by-year Strategic Asset Allocation Index for Granite Ridge Resources Inc from 2020 to 2022, covering 3 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see GRNT company net worth.

Year SAAI Strategic Assets (USD) PP&E LT Investments Net Assets Change (pp)
2022 97.1% $644.99 Million $644.99 Million $- $664.25 Million ▲ +38.5 pp
2021 58.6% $278.39 Million $278.39 Million $- $474.93 Million ▼ -38.0 pp
2020 96.7% $172.48 Million $172.48 Million $- $178.43 Million —
pp = percentage points