Granite Ridge Resources (GRNT) Asset Utilization Ratio (2022 - 2025)
Historic Asset Utilization Ratio for Granite Ridge Resources (GRNT) over the last 4 years, with Q3 2025 value amounting to 0.4.
- Granite Ridge Resources' Asset Utilization Ratio rose 756.04% to 0.4 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.4, marking a year-over-year increase of 756.04%. This contributed to the annual value of 0.39 for FY2024, which is 1543.33% down from last year.
- According to the latest figures from Q3 2025, Granite Ridge Resources' Asset Utilization Ratio is 0.4, which was up 756.04% from 0.39 recorded in Q2 2025.
- In the past 5 years, Granite Ridge Resources' Asset Utilization Ratio ranged from a high of 0.77 in Q4 2022 and a low of 0.37 during Q4 2024
- Moreover, its 4-year median value for Asset Utilization Ratio was 0.41 (2024), whereas its average is 0.46.
- Its Asset Utilization Ratio has fluctuated over the past 5 years, first tumbled by 4481.93% in 2023, then surged by 756.04% in 2025.
- Over the past 4 years, Granite Ridge Resources' Asset Utilization Ratio (Quarter) stood at 0.77 in 2022, then plummeted by 44.82% to 0.43 in 2023, then fell by 14.02% to 0.37 in 2024, then increased by 10.14% to 0.4 in 2025.
- Its Asset Utilization Ratio stands at 0.4 for Q3 2025, versus 0.39 for Q2 2025 and 0.39 for Q1 2025.