Grindrod Shipping Holdings Ltd - Asset Resilience Ratio

Latest as of December 2023: 0.44%

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. Check how strategically is Grindrod Shipping Holdings Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$2.03 Million
Cash + Short-term Investments

Total Assets

$460.88 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how Grindrod Shipping Holdings Ltd's Asset Resilience Ratio has changed over time. See GRIN equity financing ratio to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see Grindrod Shipping Holdings Ltd stock valuation.

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
Hyundai Mipo Dockyard
KO:010620
Marine Shipping 0.82%
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
Marine Shipping 6.67%
Vapores
SN:VAPORES
Marine Shipping 0.02%
Rizhao Port Co Ltd
SHG:600017
Marine Shipping 0.12%
Nanjing Port Co Ltd
SHE:002040
Marine Shipping 2.79%
Sejin Heavy Industries Co Ltd
KO:075580
Marine Shipping 2.53%
Puerto Ventana
SN:VENTANAS
Marine Shipping 0.16%
Jasa Armada Indonesia Tbk PT
JK:IPCM
Marine Shipping 14.91%

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 --
pp = percentage points

About Grindrod Shipping Holdings Ltd

NASDAQ:GRIN USA Marine Shipping
Market Cap
$658.12 Million
Market Cap Rank
#15291 Global
#3554 in USA
Share Price
$33.43
Change (1 day)
-0.96%
52-Week Range
$25.06 - $33.76
All Time High
$33.76
About

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