Granite Ridge Resources annual net debt
2021
2022
2023
2024
2025
Granite Ridge Resources Net Debt Growth & History (GRNT)
Granite Ridge Resources's net debt was $370.5M for fiscal 2025.
View full Granite Ridge Resources company overviewGranite Ridge Resources annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $370.5M | $174.9M | +89.43% |
| 2024 | 2024-12-31 | $195.6M | $96.3M | +97.02% |
| 2023 | 2023-12-31 | $99.3M | $150.4M | — |
| 2022 | 2022-12-31 | −$51.1M | −$90.1M | — |
| 2021 | 2021-12-31 | $38.9M | — | — |
Granite Ridge Resources quarterly net debt
Q4.21
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $418.0M | $146.8M | +54.10% |
| Q1 2026 | 2026-03-31 | $396.2M | $162.3M | +69.40% |
| Q4 2025 | 2025-12-31 | $370.5M | $174.9M | +89.43% |
| Q3 2025 | 2025-09-30 | $288.2M | $116.3M | +67.64% |
| Q2 2025 | 2025-06-30 | $271.3M | $120.1M | +79.45% |
| Q1 2025 | 2025-03-31 | $233.9M | $117.5M | +100.91% |
| Q4 2024 | 2024-12-31 | $195.6M | $96.3M | +97.02% |
| Q3 2024 | 2024-09-30 | $171.9M | $93.3M | +118.75% |
| Q2 2024 | 2024-06-30 | $151.2M | $111.0M | +275.95% |
| Q1 2024 | 2024-03-31 | $116.4M | $102.6M | +745.45% |
| Q4 2023 | 2023-12-31 | $99.3M | $150.4M | — |
| Q3 2023 | 2023-09-30 | $78.6M | — | — |
| Q2 2023 | 2023-06-30 | $40.2M | — | — |
| Q1 2023 | 2023-03-31 | $13.8M | — | — |
| Q4 2022 | 2022-12-31 | −$51.1M | −$90.1M | — |
| Q4 2021 | 2021-12-31 | $38.9M | — | — |
Granite Ridge Resources net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Granite Ridge Resources's net debt increased from $38.9M to $370.5M, a change of $331.5M. The latest reported quarter, Q2 2026, shows $418.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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