Granite Ridge Resources Inc (GRNT)
6.55
-0.10
(-1.50%)
USD |
NYSE |
May 31, 16:00
6.56
+0.01
(+0.15%)
After-Hours: 20:00
Granite Ridge Resources Debt to Equity Ratio: 0.204 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.204 |
| December 31, 2023 | 0.1638 |
| September 30, 2023 | 0.1307 |
| Date | Value |
|---|---|
| June 30, 2023 | 0.0843 |
| March 31, 2023 | 0.0388 |
| December 31, 2022 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Dec 2022
0.204
Maximum
Mar 2024
0.1036
Average
0.1075
Median
Debt to Equity Ratio Benchmarks
| APA Corp | 1.987 |
| SilverBow Resources Inc | 0.9164 |
| SM Energy Co | 0.4262 |
| SandRidge Energy Inc | 0.00 |
| Amplify Energy Corp | 0.3018 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 966.68M |
| Total Liabilities (Quarterly) | 292.66M |
| Shareholders Equity (Quarterly) | 674.02M |
| Current Ratio | 2.554 |
| Net Debt Paydown Yield | -3.24% |