Granite Ridge Resources Balance Sheet
NYSE: GRNTEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Granite Ridge Resources financial position
At the end of fiscal 2025, Granite Ridge Resources reported total assets of $1.17 billion, up 12.7% from a year earlier against total liabilities of $562.3 million. Shareholders' equity stood at $605.8 million, or 51.9% of assets. The company held $14.8 million in cash and equivalents against $385.3 million of debt, a net debt position of $370.5 million.
The current ratio (current assets divided by current liabilities) was 1.25, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.64.
Summary generated from market data by MetaCap's automated system. Methodology
Granite Ridge Resources balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 14.85M | 9.42M | 10.43M | 50.83M | 11.85M | 8.21M |
| Total Current Assets | 118.88M | 135.22M | 151.55M | 146.32M | 98.08M | — |
| Property, Plant & Equipment | — | — | — | — | 278.39M | — |
| Total Assets | 1.17B | 1.04B | 927.10M | 794.78M | 547.25M | — |
| Accounts Payable | 21.33M | 26.44M | 20.04M | 32.22M | — | — |
| Short-Term Debt | 17.50M | 0 | — | — | 50.00M | — |
| Total Current Liabilities | 95.18M | 101.81M | 62.08M | 64.13M | 67.60M | — |
| Long-Term Debt | 367.83M | 205.00M | 110.00M | 0 | 1.10M | — |
| Total Liabilities | 562.31M | 401.13M | 255.46M | 130.53M | 72.32M | — |
| Shareholders' Equity | 605.76M | 635.35M | 671.64M | 664.25M | 474.93M | 370.56M |
| Retained Earnings | -17.29M | 16.05M | 54.78M | 32.39M | — | — |
| Total Debt | 385.33M | 205.00M | 110.00M | 0 | 51.10M | — |
| Net Cash (Debt) | -370.49M | -195.58M | -99.57M | 50.83M | -39.25M | 8.21M |
This table shows 6 annual periods of Granite Ridge Resources's balance sheet, from FY 2025 back to FY 2020, across 13 line items including cash & equivalents, total current assets, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow GRNT's reporting calendar. What is a balance sheet?