Granite Ridge Resources (GRNT)

Cash on Hand as of December 2024 : $41.2 Million USD

According to Granite Ridge Resources's latest financial reports the company has $41.2 Million USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Granite Ridge Resources - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$41.2 M	-32.3%
2023-12-31	$60.85 M	19.72%
2022-12-31	$50.83 M	328.83%
2021-12-31	$11.85 M	821.04%
2020-12-31	$1.28 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Granite Ridge Resources (GRNT) - Cash on Hand