Granite Capital Expenditures from 2010 to 2024

GRNT Stock  USD 6.42  0.03  0.47%   
Granite Ridge Capital Expenditures yearly trend continues to be comparatively stable with very little volatility. Capital Expenditures will likely drop to about 205.6 M in 2024. From the period from 2010 to 2024, Granite Ridge Capital Expenditures quarterly data regression had r-value of  0.80 and coefficient of variation of  151.02. View All Fundamentals
 
Capital Expenditures  
First Reported
2010-12-31
Previous Quarter
359.2 M
Current Value
205.6 M
Quarterly Volatility
118.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Ridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 98.6 M, Interest Expense of 5.6 M or Selling General Administrative of 29.3 M, as well as many indicators such as Price To Sales Ratio of 1.93, Dividend Yield of 0.0768 or PTB Ratio of 1.13. Granite financial statements analysis is a perfect complement when working with Granite Ridge Valuation or Volatility modules.
  
Check out the analysis of Granite Ridge Correlation against competitors.

Latest Granite Ridge's Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of Granite Ridge Resources over the last few years. Capital Expenditures are funds used by Granite Ridge Resources to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Granite Ridge operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is Granite Ridge's Capital Expenditures historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Ridge's overall financial position and show how it may be relating to other accounts over time.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

Granite Capital Expenditures Regression Statistics

Arithmetic Mean78,390,645
Geometric Mean14,990,403
Coefficient Of Variation151.02
Mean Deviation99,227,762
Median3,969,824
Standard Deviation118,388,393
Sample Variance14015.8T
Range355.2M
R-Value0.80
Mean Square Error5537.6T
R-Squared0.63
Significance0.0004
Slope21,063,895
Total Sum of Squares196221.4T

Granite Capital Expenditures History

2024205.6 M
2023359.2 M
2022234.7 M
2021219.3 M
2020117.4 M

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Capital Expenditures, to determine how well the company is positioned to perform in the future. Although Granite Ridge investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Ridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Ridge's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Expenditures359.2 M205.6 M

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Additional Tools for Granite Stock Analysis

When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.