Growth Metrics

Granite Ridge Resources (GRNT) Interest Coverage Ratio (2021 - 2025)

Granite Ridge Resources (GRNT) has disclosed Interest Coverage Ratio for 5 consecutive years, with 3.23 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Interest Coverage Ratio fell 36.97% year-over-year to 3.23, compared with a TTM value of 3.5 through Sep 2025, down 19.9%, and an annual FY2024 reading of 3.21, down 81.18% over the prior year.
  • Interest Coverage Ratio was 3.23 for Q3 2025 at Granite Ridge Resources, down from 3.51 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 181.86 in Q4 2022 and bottomed at 1.48 in Q4 2024.
  • Average Interest Coverage Ratio over 5 years is 53.11, with a median of 14.1 recorded in 2023.
  • The sharpest move saw Interest Coverage Ratio surged 49.82% in 2022, then crashed 175.44% in 2024.
  • Year by year, Interest Coverage Ratio stood at 90.74 in 2021, then soared by 100.41% to 181.86 in 2022, then crashed by 98.92% to 1.96 in 2023, then plummeted by 175.44% to 1.48 in 2024, then skyrocketed by 318.09% to 3.23 in 2025.
  • Business Quant data shows Interest Coverage Ratio for GRNT at 3.23 in Q3 2025, 3.51 in Q2 2025, and 8.48 in Q1 2025.