Grindrod Shipping Holdings Ltd - Asset Resilience Ratio
Grindrod Shipping Holdings Ltd (GRIN) has an Asset Resilience Ratio of 0.44% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Grindrod Shipping Holdings Ltd's Asset Resilience Ratio has changed over time. For market capitalisation and broader financial context, see GRIN market cap.
Liquid Assets Composition Over Time
This chart breaks down Grindrod Shipping Holdings Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Also explore GRIN total asset value for the complete picture of this company's asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.03 Million | 0.44% |
| Total Liquid Assets | $2.03 Million | 0.44% |
Asset Resilience Insights
- Limited Liquidity: Grindrod Shipping Holdings Ltd maintains only 0.44% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Grindrod Shipping Holdings Ltd Industry Peers by Asset Resilience Ratio
Compare Grindrod Shipping Holdings Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB |
Marine Shipping | 2.35% |
|
Qinhuangdao Port Co Ltd
SHG:601326 |
Marine Shipping | 0.19% |
|
BW LPG Limited
F:BW9 |
Marine Shipping | 0.05% |
|
Tianjin Port Co Ltd
SHG:600717 |
Marine Shipping | -0.04% |
|
HNA Technology Co Ltd A
SHG:600751 |
Marine Shipping | 0.13% |
|
Genco Shipping & Trading Ltd
NYSE:GNK |
Marine Shipping | 8.12% |
|
Sejin Heavy Industries Co Ltd
KO:075580 |
Marine Shipping | 2.53% |
|
Sincere Navigation Corp
TW:2605 |
Marine Shipping | 18.12% |
Annual Asset Resilience Ratio for Grindrod Shipping Holdings Ltd (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Grindrod Shipping Holdings Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.44% | $2.03 Million | $460.88 Million | +0.39pp |
| 2022-12-31 | 0.05% | $269.00K | $549.23 Million | -0.08pp |
| 2021-12-31 | 0.13% | $809.00K | $645.17 Million | +0.05pp |
| 2018-12-31 | 0.08% | $337.00K | $447.63 Million | +0.05pp |
| 2017-12-31 | 0.02% | $123.00K | $507.12 Million | -0.02pp |
| 2016-12-31 | 0.05% | $289.00K | $590.15 Million | 0.00pp |
| 2015-12-31 | 0.05% | $296.00K | $578.73 Million | -- |
About Grindrod Shipping Holdings Ltd
Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores… Read more