Goodrich Petroleum Net Tangible Assets

The latest net tangible assets for GDP is $-11M as of September 2021. That compares with $52M in the prior-year period — down 120.9% year over year. Investors often review this figure alongside Goodrich Petroleum's historical trend and sector peers before judging valuation or financial health.

Over the past year, GDP's net tangible assets moved from $52M to $-11M — a 120.9% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Goodrich Petroleum's operating scale or balance-sheet position.

A net tangible assets figure of $-11M for GDP is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting GDP's net tangible assets ($-11M), review year-over-year change from $52M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Goodrich Petroleum's net tangible assets against similar Energy names. You can also browse sector and industry screens on Stockcircle for a broader set of Energy companies and their key multiples and fundamentals.