Granite Ridge Resources
Balance Sheet

Last updated: 8 Sep 2025

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Granite Ridge Resources's balance sheet done over the years? Its assets were worth $927,104,000 last year, which is more than in the previous period. 28% of Granite Ridge Resources’s total assets is currently financed by debt. Its liabilities reached the amount of $255,459,000, which means an increase by 48% compared compared to last year.

Debt to Assets

Quarters Years

Granite Ridge Resources, Inc (NYSE:GRNT): Debt to assets
2020	40783157	7.57M	18.57%
2021	16999428	2.02M	11.91%
2022	794777000	172.37M	21.69%
2023	927104000	255.45M	27.55%

GRNT Balance Sheet (2020 – 2023)

Quarters Years

	2023	2022	2021	2020
Assets
Current assets:
Cash and cash equivalents	10.43M	50.83M	740.35K	1.28M
Short term investments	50.42M	0	0	0
Net receivables	72.93M	72.28M	1.19M	1.21M
Inventory	0	-72.28M	1	128.35K
Other current assets	17.76M	95.48M	38.92M	440.77K
Total current assets	151.55M	146.32M	1.95M	3.07M

Non-current assets:
Property, Plant and Equipment	769.54M	644.98M	15.04M	37.71M
Goodwill	0	0	0	0
Intangible assets	0	0	0	0
Long term investments	0	0	31K	414.01M
Other non-current assets	6.01M	3.46M	-31K	-414.01M
Total non-current assets	775.55M	648.45M	15.04M	37.71M
Total assets	927.10M	794.77M	16.99M	40.78M

Liabilities
Current liabilities:
Accounts payable
Deferred revenue	0	0	0	0
Short term debt	0	0	50M	6.4M
Total current liabilities	62.07M	64.13M	677.36K	7.08M

Non-current liabilities:
Long term debt	110M	0	1.1M	9.89M
Deferred tax	0	0	0	0
Other non-current liabilities	9.39M	16.64M	247.60K	-9.40M
Total non-current liabilities	193.38M	108.23M	1.34M	487.53K
Total liabilities	255.45M	172.37M	2.02M	7.57M

	Data source	Data source

Granite Ridge Resources Balance Sheet

Debt to Assets

GRNT Balance Sheet (2020 – 2023)

Granite Ridge Resources
Balance Sheet