Granite Ridge ResourcesGRNT +2.95%83 Interest Coverage is 2.52 as of Mar. 2026, which is 81% below its 10-year median of 13.61. GuruFocus rates GRNT with a GF Score™ of 83/100 and a GF Value™ of $7.24 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 728 Oil & Gas companies, Granite Ridge Resources ranks worse than 73.35% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Granite Ridge Resources's
Operating Income
for the
three
months ended in Mar. 2026 was $26.0 Mil. Granite Ridge Resources's Interest Expense for the
three
months ended in Mar. 2026 was $-10.3 Mil.
Granite Ridge Resources's interest coverage for the quarter that ended in Mar. 2026 was 2.52.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Granite Ridge Resources's Interest Coverage or its related term are showing as below:
GRNT'
s Interest Coverage Range Over the Past 10 Years
Min: 1.15 Med: 13.61 Max: 151.91
Current: 2.42
GRNT's Interest Coverage is ranked worse than 73.35% of 728
companies
in the Oil & Gas industry
Industry Median: 5.84
vs GRNT: 2.42
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Granite Ridge Resources Interest Coverage Related Terms
Granite Ridge Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for Granite Ridge Resources's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
GRNT vs GPRK, TXO, GFR: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Granite Ridge Resources's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Granite Ridge Resources's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (GRNT) has a Interest Coverage of 2.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Granite Ridge Resources and its competitors. This is 81% below median its historical median of 13.61. Over the past decade, Granite Ridge Resources' Interest Coverage has ranged from 1.15 to 151.91. According to the industry distribution chart, Granite Ridge Resources ranks #534 out of 728 companies in the Oil & Gas industry, placing it in the top 73.4%.
Is Granite Ridge Resources' Interest Coverage too high?
Granite Ridge Resources' current Interest Coverage of 2.52 is 81% below median its 10-year median of 13.61. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 151.91. The Oil & Gas industry median Interest Coverage is 5.84. Granite Ridge Resources' value of 2.52 is 56.8% below this industry median. Based on the distribution chart, Granite Ridge Resources ranks #534 out of 728 companies in the Oil & Gas industry, which is below the industry midpoint. 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' Interest Coverage compare to GPRK and TXO?
According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #534 out of 728 companies for Interest Coverage. This places Granite Ridge Resources in the lower half of its industry. The industry median Interest Coverage is 5.84. Granite Ridge Resources' value of 2.52 is 56.8% below this benchmark. Historically, Granite Ridge Resources' own Interest Coverage has ranged from 1.15 to 151.91 over the past decade. While the company's 10-year median is 13.61 vs. the industry median of 5.84, Granite Ridge Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Granite Ridge Resources's current Interest Coverage of 2.52 is 56.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Granite Ridge Resources and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Ridge Resources's current Interest Coverage is 2.52, which is 81% below median its own 10-year median of 13.61. 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 $7.24, compared to a current price of $4.54 — trading 37.3% below its estimated fair value. The current Interest Coverage is 2.52, which is 81% below median its 10-year median of 13.61 and 56.8% below the Oil & Gas industry median of 5.84. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Interest Coverage is 2.52 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 $4.54 is trading 37.3% below its estimated GF Value™ of $7.24.
GuruFocus considers Granite Ridge Resources to be Possible Value Trap.
Key valuation signals for GRNT:
Interest Coverage: 2.52 (81% below median its 10-year median of 13.61)
GF Value™: $7.24 vs. price of $4.54 (37.3% below fair value)
Industry Position: 56.8% below the Oil & Gas median (#534 of 728)
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 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
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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