Granite Ridge Resources (GRNT) Debt Ratio (2021 - 2026)
Granite Ridge Resources' (GRNT) Debt Ratio came in at 0.37 for Q2 2026, up 50.0% from 0.25 a year earlier and up 4.6% from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2025, Granite Ridge Resources' Debt Ratio stood at 0.33, up 66.8% from FY2024.
- In prior years, Granite Ridge Resources' Debt Ratio was 0.20 in FY2024 (+66.7%), 0.12 in FY2023 and 0.09 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Debt Ratio in data going back to Q4 2021.
- On a year-over-year basis, Debt Ratio has increased in each of the last ten quarters, with growth averaging 61.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Debt Ratio ran from 41.2% in Q3 2025 to 387.1% in Q1 2024.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.36 (Q1 2026), 0.33 (Q4 2025) and 0.27 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 0.17 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 0.00 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 0.11 |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 0.21 |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 0.10 |
| 10 | Granite Ridge Resources | 567.17 Mn | 527.00 Mn | - | 0.37 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2021 | 0.09 |
API Access
Granite Ridge Resources Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GRNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();