Granite Ridge Resources Inc (GRNT) — 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 how resilient are Granite Ridge Resources Inc's assets to evaluate the company's liquid asset resilience ratio.
SAAI
Strategic Assets
PP&E
Net Assets
Granite Ridge Resources Inc Strategic Asset Allocation Index (2020–2022)
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. See GRNT free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Annual Strategic Asset Allocation Index for Granite Ridge Resources Inc (2020–2022)
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 the full company profile including market capitalisation, see GRNT market cap.
| 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 | — |