Gran Financial Statements From 2010 to 2024

GTE Stock  USD 5.65  0.13  2.36%   
Gran Tierra financial statements provide useful quarterly and yearly information to potential Gran Tierra Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Gran Tierra financial statements helps investors assess Gran Tierra's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Gran Tierra's valuation are summarized below:
Gross Profit
538.8 M
Profit Margin
(0.01)
Market Capitalization
178.8 M
Enterprise Value Revenue
1.0548
Revenue
637 M
There are over one hundred six available fundamental trends for Gran Tierra Energy, which can be analyzed over time and compared to other ratios. Investors should ensure to confirm all of Gran Tierra's regular performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. At present, Gran Tierra's Average Assets are projected to decrease significantly based on the last few years of reporting. The current year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 412.7 M, whereas Tangible Asset Value is forecasted to decline to about 1.3 B.

Gran Tierra Revenues

621.43 Million

Check Gran Tierra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gran main balance sheet or income statement drivers, such as Direct Expenses of 135 M, Cost of Revenue of 187 M or Earning Before Interest and Taxes EBIT of 174.8 M, as well as many exotic indicators such as Interest Coverage of 8.07, Long Term Debt to Equity of 1.14 or Calculated Tax Rate of 54.75. Gran financial statements analysis is a perfect complement when working with Gran Tierra Valuation or Volatility modules.
  
This module can also supplement Gran Tierra's financial leverage analysis and stock options assessment as well as various Gran Tierra Technical models . Check out the analysis of Gran Tierra Correlation against competitors.

Gran Tierra Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities84.1 M84.7 M125 M
Slightly volatile
Tax Assets85.1 M63 M77.9 M
Slightly volatile
Accumulated Retained Earnings Deficit(885.7 M)(863 M)(282.6 M)
Slightly volatile
Trade and Non Trade Receivables12.7 M12.4 M34.8 M
Slightly volatile
Property Plant and Equipment Net1.3 B1.1 B1.2 B
Pretty Stable
Trade and Non Trade Payables178.3 M187 M127.6 M
Slightly volatile
Liabilities Non Current631.8 M669.6 M437.6 M
Slightly volatile
Current Liabilities246.9 M260.3 M209 M
Pretty Stable
Total Liabilities878.7 M929.9 M646.7 M
Slightly volatile
Investments Non Current10 M7.8 M14.3 M
Slightly volatile
Investments Current50 M55.6 M31.5 M
Slightly volatile
Investments52.7 M55.6 M34.8 M
Slightly volatile
Inventory25.6 M29 M18.3 M
Slightly volatile
Goodwill and Intangible Assets91.8 M92.3 M101.2 M
Slightly volatile
Shareholders Equity USD550.8 M396.4 M918.6 M
Slightly volatile
Shareholders Equity Attributable to Parent550.8 M396.4 M918.6 M
Slightly volatile
Total Debt USD590.9 M555.1 M393.4 M
Slightly volatile
Debt Non Current564.7 M519.5 M384.8 M
Slightly volatile
Debt Current38.5 M32 M60.7 M
Slightly volatile
Total Debt590.9 M555.1 M393.4 M
Slightly volatile
Cash and Equivalents USD80.9 M62.1 M175.8 M
Slightly volatile
Cash and Equivalents80.9 M62.1 M175.8 M
Slightly volatile
Assets Non Current1.2 B1.2 B1.3 B
Slightly volatile
Current Assets154.8 M112.5 M279.3 M
Slightly volatile
Total Assets1.3 B1.3 B1.6 B
Slightly volatile
Accounts Payable123.1 M145.6 M113.6 M
Slightly volatile
Receivables12.6 M12.3 M40.3 M
Slightly volatile
Inventories12.3 M8.1 M11.1 M
Slightly volatile

Gran Tierra Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense121.3 M112.4 M51.7 M
Pretty Stable
Weighted Shares Diluted37.7 M33.5 M33.7 M
Slightly volatile
Weighted Shares37.5 M33.5 M33.3 M
Slightly volatile
Selling General and Administrative Expense40.3 M45.8 M39 M
Pretty Stable
Revenues USD621.4 M637 M533.3 M
Very volatile
Revenues621.4 M637 M533.3 M
Very volatile
Operating Income187.9 M174.1 M40.1 M
Very volatile
Operating Expenses304.6 M261.4 M360 M
Very volatile
Net Loss Income from Discontinued Operations30 M24.3 M34.4 M
Slightly volatile
Net Income Common Stock USD(6.8 M)(6.3 M)(60 M)
Pretty Stable
Net Income Common Stock(6.8 M)(6.3 M)(60 M)
Pretty Stable
Net Income(6.8 M)(6.3 M)(60 M)
Pretty Stable
Interest Expense51.8 M55.8 M29.7 M
Slightly volatile
Gross Profit434.4 M435.5 M396.2 M
Pretty Stable
Earning Before Interest and Taxes USD174.8 M162 M16.4 M
Very volatile
Earning Before Interest and Taxes EBIT174.8 M162 M16.4 M
Very volatile
Cost of Revenue187 M201.4 M137.1 M
Slightly volatile
Consolidated Income(6.8 M)(6.3 M)(60 M)
Pretty Stable
Direct Expenses135 M155.3 M129 M
Slightly volatile

Gran Tierra Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation5.6 M5.7 M6.5 M
Pretty Stable
Effect of Exchange Rate Changes on Cash 6.3 M5.9 M(2.7 M)
Slightly volatile
Net Cash Flow from Operations216.8 M228 M287.7 M
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals53.5 M49.6 M21.6 M
Slightly volatile
Net Cash Flow from Financing(71.4 M)(69.6 M)35.2 M
Pretty Stable
Issuance Repayment of Debt Securities (40 M)(39 M)70 M
Slightly volatile
Issuance Purchase of Equity Shares(17.8 M)(17.3 M)8.5 M
Pretty Stable
Net Cash Flow Business Acquisitions and Disposals32 M29.7 M(33.5 M)
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents(64 M)(62.3 M)29.3 M
Slightly volatile
Depreciation Amortization and Accretion219.8 M220.6 M186.2 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share38.5839.62646.1846
Slightly volatile
Sales per Share16.1619.03116.3621
Slightly volatile
Return on Sales0.280.254(0.2426)
Very volatile
Return on Invested Capital0.110.1030.0091
Very volatile
Return on Equity(0.0173)(0.016)(0.1108)
Pretty Stable
Return on Assets(0.0054)(0.005)(0.0493)
Pretty Stable
Price to Sales Ratio0.30.2961.8243
Slightly volatile
Price to Earnings Ratio(30.47)(29.684)(0.6333)
Slightly volatile
Price to Book Value0.60.4740.9343
Slightly volatile
Profit Margin(0.0108)(0.01)(0.3302)
Pretty Stable
Gross Margin0.650.6840.7176
Slightly volatile
Free Cash Flow per Share0.30.2721.147
Slightly volatile
Enterprise Value over EBITDA1.861.832.394
Pretty Stable
Enterprise Value over EBIT4.424.04.4281
Pretty Stable
Earnings per Basic Share USD(0.21)(0.19)(1.715)
Pretty Stable
Earnings per Diluted Share(0.21)(0.19)(1.7457)
Pretty Stable
Earnings per Basic Share(0.21)(0.19)(1.715)
Pretty Stable
EBITDA Margin0.650.6010.1374
Very volatile
Debt to Equity Ratio2.012.3461.1804
Slightly volatile
Current Ratio0.440.4321.3699
Slightly volatile
Book Value per Share16.6911.84329.4373
Slightly volatile
Asset Turnover0.440.4760.342
Slightly volatile
Total Assets Per Share33.1234.7335.0679
Slightly volatile
Cash Flow Per Share12.011.126.2827
Slightly volatile
Return on Investment39.8136.894.8858
Pretty Stable
Operating Margin32.7239.8528.7473
Pretty Stable
Calculated Tax Rate54.7549.7267.9929
Slightly volatile
Receivables Turnover57.8353.621.7957
Slightly volatile
Inventory Turnover17.6616.3713.5341
Slightly volatile
PPandE Turnover0.680.780.498
Pretty Stable
Cash and Equivalents Turnover8.118.298.8048
Slightly volatile
Accounts Payable Turnover5.845.625.0709
Slightly volatile
Accrued Expenses Turnover55.3651.3128.9194
Slightly volatile
Interest Coverage8.077.8711.6701
Slightly volatile
Long Term Debt to Equity1.141.270.7819
Slightly volatile
Quick Ratio0.640.621.1346
Slightly volatile
Net Current Assets as percentage of Total Assets(6.46)(6.29)4.3258
Slightly volatile
Revenue to Assets0.390.480.3402
Slightly volatile

Gran Tierra Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital(151.7 M)(147.8 M)66.3 M
Slightly volatile
Tangible Asset Value1.3 B1.3 B1.5 B
Slightly volatile
Market Capitalization192.7 M187.7 M946.4 M
Slightly volatile
Invested Capital Average1.7 B1.6 B1.5 B
Slightly volatile
Invested Capital1.7 B1.6 B1.4 B
Slightly volatile
Free Cash Flow9.8 M9.1 M27.6 M
Slightly volatile
Enterprise Value784.9 M699.9 M1.1 B
Slightly volatile
Average Equity565.2 M394 M942.2 M
Slightly volatile
Earnings before Tax114.5 M106.2 M(8.3 M)
Pretty Stable
Earnings Before Interest Taxes and Depreciation Amortization USD412.7 M382.5 M203.7 M
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA412.7 M382.5 M203.7 M
Very volatile
Average Assets1.3 B1.3 B1.6 B
Slightly volatile
Revenue Per Employee1.6 M1.9 M1.4 M
Slightly volatile
Net Income Per Employee513.4 K475.8 K(143.7 K)
Very volatile

Gran Fundamental Market Drivers

Forward Price Earnings5.6948

Gran Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Gran Tierra Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gran Tierra income statement, its balance sheet, and the statement of cash flows. Gran Tierra investors use historical funamental indicators, such as Gran Tierra's revenue or net income, to determine how well the company is positioned to perform in the future. Although Gran Tierra investors may use each financial statement separately, they are all related. The changes in Gran Tierra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gran Tierra's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gran Tierra Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gran Tierra. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Cost of Revenue201.4 M187 M
Revenues637 M621.4 M
Revenue to Assets 0.48  0.39 
Revenue Per Employee1.9 M1.6 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gran Tierra in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gran Tierra's short interest history, or implied volatility extrapolated from Gran Tierra options trading.

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When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's future performance. For an informed investment choice regarding Gran Stock, refer to the following important reports:
Check out the analysis of Gran Tierra Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Gran Tierra's price analysis, check to measure Gran Tierra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gran Tierra is operating at the current time. Most of Gran Tierra's value examination focuses on studying past and present price action to predict the probability of Gran Tierra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gran Tierra's price. Additionally, you may evaluate how the addition of Gran Tierra to your portfolios can decrease your overall portfolio volatility.
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Is Gran Tierra's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gran Tierra. If investors know Gran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gran Tierra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Earnings Share
(0.19)
Revenue Per Share
19.031
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0818
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.