Grindrod Shipping Holdings Ltd Cash Flow Conversion Efficiency
Grindrod Shipping Holdings Ltd cash flow conversion efficiency. Based on the latest financial reports, Grindrod Shipping Holdings Ltd (GRIN) has a cash flow conversion efficiency ratio of 0.127x as of December 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($31.32 Million) by net assets ($246.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Grindrod Shipping Holdings Ltd (2015–2023)
Cash flow conversion efficiency of Grindrod Shipping Holdings Ltd from 2015 to 2023. This chart illustrates how Grindrod Shipping Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Grindrod Shipping Holdings Ltd stock quote for real-time trading data and today's change.
Grindrod Shipping Holdings Ltd Cash Flow Conversion Ratio Explained
Grindrod Shipping Holdings Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Grindrod Shipping Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Grindrod Shipping Holdings Ltd ranked by their cash flow conversion efficiency. Also see Grindrod Shipping Holdings Ltd (GRIN) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Holly Corp
SHG:600128
|
0.038x |
|
Empresas Tricot S.A
SN:TRICOT
|
0.095x |
|
ADF Foods Limited
NSE:ADFFOODS
|
0.056x |
|
Arvind SmartSpaces Limited
NSE:ARVSMART
|
0.150x |
|
Anika Therapeutics Inc
NASDAQ:ANIK
|
-0.005x |
|
SOLiD Inc
KQ:050890
|
-0.030x |
|
Changchun Yidong Clutch Co Ltd
SHG:600148
|
0.014x |
|
SRINANAPORN MARKETING
BK:SNNP-R
|
N/A |
Annual Cash Flow Conversion Efficiency for Grindrod Shipping Holdings Ltd (2015–2023)
The table below shows the annual cash flow conversion efficiency of Grindrod Shipping Holdings Ltd from 2015 to 2023. Review Grindrod Shipping Holdings Ltd (GRIN) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $246.12 Million | $155.12 Million | 0.630x | -2.61% |
| 2022-12-31 | $287.45 Million | $186.03 Million | 0.647x | +0.98% |
| 2021-12-31 | $319.63 Million | $204.85 Million | 0.641x | +131.30% |
| 2020-12-31 | $254.02 Million | $70.38 Million | 0.277x | +229.63% |
| 2019-12-31 | $260.06 Million | $-55.59 Million | -0.214x | -67.35% |
| 2018-12-31 | $292.50 Million | $-37.36 Million | -0.128x | -1310.02% |
| 2017-12-31 | $319.74 Million | $3.38 Million | 0.011x | +118.03% |
| 2016-12-31 | $363.10 Million | $-21.26 Million | -0.059x | -120.38% |
| 2015-12-31 | $399.08 Million | $114.66 Million | 0.287x | -- |
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