Granite Ridge Resources (GRNT) Financials

Granite Ridge Resources, Inc. (GRNT) is a company engaged in the exploration and development of mineral properties. The company's financials indicate its performance and financial position. The income statement provides information on the company's revenues, expenses, and net income. GRNT's gross profit represents the revenue remaining after deducting the cost of goods sold. The EBIT (Earnings Before Interest and Taxes) shows the company's operating profit before the deduction of interest and taxes. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) includes non-cash expenses like depreciation and amortization. These metrics reflect the company's profitability and operational efficiency.

The balance sheet of Granite Ridge Resources, Inc. summarizes its assets, liabilities, and stockholders' equity. Total assets include cash equivalents, inventory, property, and other investments. Total liabilities encompass the company's debt and other obligations. GRNT's stockholders' equity represents the ownership interest of its shareholders. By examining the balance sheet, investors can assess the company's financial health and solvency. Cash flow statements provide insight into the company's cash inflows and outflows. Operating cash flow shows the cash generated from the company's core operations. Investing cash flow represents the cash used for capital expenditures and investments. Financing cash flow includes activities like debt repayments and issuance of equity. Free cash flow is the cash remaining after deducting capital expenditures from operating cash flow. These cash flow metrics help evaluate the company's liquidity and ability to generate cash.