GRNT (Granite Ridge Resources) Effective Interest Rate on Debt %: 10.17% (As of Mar. 2026)

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GRNT Granite Ridge Resources Inc GRNT
83 GF Score
Price $4.85
GF Value $7.36
Valuation Possible Value Trap
! 8 Warning Signs
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What is Granite Ridge Resources Effective Interest Rate on Debt %?

Granite Ridge Resources GRNT +3.19% 83 Effective Interest Rate on Debt % is 10.17% as of Mar. 2026. GuruFocus rates GRNT with a GF Score™ of 83/100 and a GF Value™ of $7.36 (Possible Value Trap). The stock has 8 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Granite Ridge Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $41.3 Mil. Granite Ridge Resources's average total debt for the quarter that ended in Mar. 2026 was $405.8 Mil. Therefore, Granite Ridge Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 10.17%.


Granite Ridge Resources  (NYSE:GRNT) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Granite Ridge Resources Effective Interest Rate on Debt % Related Terms


Granite Ridge Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Granite Ridge Resources's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Granite Ridge Resources Effective Interest Rate on Debt % Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 8.30 3.89 4.83 11.73 8.64

Granite Ridge Resources Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.82 9.01 8.44 9.92 10.17

GRNT vs GPRK, ZNOG, VTS: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Granite Ridge Resources's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite Ridge Resources Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Granite Ridge Resources's Effective Interest Rate on Debt % falls into.


GRNT
83GF Score
Granite Ridge Resources Inc GRNT
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Ridge Resources Effective Interest Rate on Debt % Calculation

Granite Ridge Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -25.5/( (205+385.332)/ 2 )
=-1  *  -25.5/295.166
=8.64 %

where

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=367.832 + 17.5
=385.332

Granite Ridge Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -41.276/( (385.332+426.272)/ 2 )
=-1  *  -41.276/405.802
=10.17 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=367.832 + 17.5
=385.332

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=400.022 + 26.25
=426.272

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 10.17% mean?
Granite Ridge Resources (GRNT) has a Effective Interest Rate on Debt % of 10.17% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Granite Ridge Resources and its competitors.
Is Granite Ridge Resources' Effective Interest Rate on Debt % too high?
Granite Ridge Resources' current Effective Interest Rate on Debt % is 10.17%. Overall, Granite Ridge Resources has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Effective Interest Rate on Debt % compare to GPRK and ZNOG?
Granite Ridge Resources' Effective Interest Rate on Debt % of 10.17% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Granite Ridge Resources and its competitors. Granite Ridge Resources's current Effective Interest Rate on Debt % is 10.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Ridge Resources stock overvalued right now?
Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.36, compared to a current price of $4.85 — trading 34.1% below its estimated fair value. The current Effective Interest Rate on Debt % is 10.17%. Granite Ridge Resources' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Effective Interest Rate on Debt % is 10.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Granite Ridge Resources (GRNT) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued. The current stock price of $4.85 is trading 34.1% below its estimated GF Value™ of $7.36. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

  • Effective Interest Rate on Debt %: 10.17%
  • GF Value™: $7.36 vs. price of $4.85 (34.1% below fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the GRNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granite Ridge Resources Business Description

Industry EnergyOil & Gas
Address 5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
83GF Score

Get the complete analysis for GRNT

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.85
Price
$7.36
GF Value