GRNT (Granite Ridge Resources) Total Assets: $1,193.9 Mil (As of Mar. 2026)


GRNT Granite Ridge Resources Inc GRNT
81 GF Score
Price $4.42
GF Value $7.29
Valuation Possible Value Trap
! 8 Warning Signs
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What is Granite Ridge Resources Total Assets?

Granite Ridge Resources GRNT +1.38% 81 Total Assets is $1,193.9 Mil as of Mar. 2026. GuruFocus rates GRNT with a GF Score™ of 81/100 and a GF Value™ of $7.29 (Possible Value Trap). The stock has 8 warning signs investors should review.

Granite Ridge Resources's Total Assets for the quarter that ended in Mar. 2026 was $1,193.9 Mil.

Warning Sign:

If a company builds assets at 71.3% a year, faster than its revenue growth rate of 29.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Granite Ridge Resources's average Total Assets Growth Rate was 9.20% per year. During the past 3 years, the average Total Assets Growth Rate was 15.40% per year. During the past 5 years, the average Total Assets Growth Rate was 71.30% per year.

During the past 7 years, Granite Ridge Resources's highest 3-Year average Total Assets Growth Rate was 179.90%. The lowest was 15.40%. And the median was 23.00%.

Total Assets is connected with ROA %. Granite Ridge Resources's annualized ROA % for the quarter that ended in Mar. 2026 was -15.93%. Total Assets is also linked to Revenue through Asset Turnover. Granite Ridge Resources's Asset Turnover for the quarter that ended in Mar. 2026 was 0.11.

Granite Ridge Resources  (NYSE:GRNT) Total Assets Explanation

Total Assets is connected with ROA %.

Granite Ridge Resources's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-188.124/( (1168.071+1193.873)/ 2 )
=-188.124/1180.972
=-15.93 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Granite Ridge Resources's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=128.264/( (1168.071+1193.873)/ 2 )
=128.264/1180.972
=0.11

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Granite Ridge Resources Total Assets Related Terms

Granite Ridge Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Granite Ridge Resources's Total Assets 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 Total Assets Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial 547.25 794.78 927.10 1,036.48 1,168.07

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
Total Assets 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 1,087.44 1,104.96 1,128.54 1,168.07 1,193.87
GRNT
81GF Score
Granite Ridge Resources Inc GRNT
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Ridge Resources Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Granite Ridge Resources's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=605.76+562.311
=1,168.1

Granite Ridge Resources's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=545.636+648.237
=1,193.9

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1,193.9 Mil mean?
Granite Ridge Resources (GRNT) has a Total Assets of $1,193.9 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Granite Ridge Resources and its competitors.
Is Granite Ridge Resources' Total Assets too high?
Granite Ridge Resources' current Total Assets is $1,193.9 Mil. Overall, Granite Ridge Resources has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Total Assets compare to GPRK and ZNOG?
Granite Ridge Resources' Total Assets of $1,193.9 Mil 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 Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Granite Ridge Resources and its competitors. Granite Ridge Resources's current Total Assets is $1,193.9 Mil. 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 $7.29, compared to a current price of $4.42 — trading 39.4% below its estimated fair value. The current Total Assets is $1,193.9 Mil. Granite Ridge Resources' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Total Assets is $1,193.9 Mil 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 $4.42 is trading 39.4% below its estimated GF Value™ of $7.29. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

  • Total Assets: $1,193.9 Mil
  • GF Value™: $7.29 vs. price of $4.42 (39.4% below fair value)
  • GF Score™: 81/100 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.
81GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.42
Price
$7.29
GF Value