Granite Ridge Resources Inc (GRNT) - Total Assets
Based on the latest financial reports, Granite Ridge Resources Inc (GRNT) holds total assets worth $1.24 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Granite Ridge Resources Inc - Total Assets Trend (2020–2025)
This chart illustrates how Granite Ridge Resources Inc's total assets have evolved over time, based on quarterly financial data. Also see market value of Granite Ridge Resources Inc for the company's overall valuation and market capitalisation.
Granite Ridge Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Granite Ridge Resources Inc's total assets of $1.24 Billion consist of 10.2% current assets and 89.8% non-current assets. Review GRNT total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $74.17 Million | 6.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Granite Ridge Resources Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Granite Ridge Resources Inc (GRNT) share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Granite Ridge Resources Inc's current assets represent 10.2% of total assets in 2025, a decrease from 10.6% in 2020.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, down from 1.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 6.4% of total assets.
Granite Ridge Resources Inc Competitors by Total Assets
Key competitors of Granite Ridge Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Comet Ridge Ltd
AU:COI
|
Australia | AU$125.28 Million |
|
EOG Resources Inc
NYSE:EOG
|
USA | $54.78 Billion |
|
EQT Corporation
NYSE:EQT
|
USA | $41.32 Billion |
|
Peyto Exploration&Development Corp
TO:PEY
|
Canada | CA$5.43 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$2.01 Billion |
|
Headwater Exploration Inc
TO:HWX
|
Canada | CA$1.03 Billion |
Granite Ridge Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.02 | 1.32 | 1.09 |
| Quick Ratio | 1.02 | 1.32 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.59 Million | $26.49 Million | $38.87K |
Granite Ridge Resources Inc - Advanced Valuation Insights
This section examines the relationship between Granite Ridge Resources Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.20 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | 12.7% |
| Total Assets | $1.17 Billion |
| Market Capitalization | $672.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Granite Ridge Resources Inc's assets below their book value (0.58x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Granite Ridge Resources Inc's assets grew by 12.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Granite Ridge Resources Inc (2020–2025)
The table below shows the annual total assets of Granite Ridge Resources Inc from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.17 Billion | +12.70% |
| 2024-12-31 | $1.04 Billion | +11.80% |
| 2023-12-31 | $927.10 Million | +16.65% |
| 2022-12-31 | $794.78 Million | +45.23% |
| 2021-12-31 | $547.25 Million | +183.75% |
| 2020-12-31 | $192.86 Million | -- |
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, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas.