Grindrod Shipping Holdings Ltd (GRIN) — Cash Flow Quality Index

Latest as of June 2023: 11.36x

Grindrod Shipping Holdings Ltd (GRIN) has a Cash Flow Quality Index of 11.36x as of June 2023. Operating cash flow of $62.95 Million exceeds net income of $5.54 Million, indicating high earnings quality where cash backs reported profits. Explore Grindrod Shipping Holdings Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

11.36x
Operating CF / Net Income

Operating Cash Flow

$62.95 Million
USD

Net Income

$5.54 Million
USD

Data as of

Jun 2023
Most recent filing

Grindrod Shipping Holdings Ltd Cash Flow Quality Index (2021–2022)

Historical Cash Flow Quality Index for Grindrod Shipping Holdings Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Grindrod Shipping Holdings Ltd (GRIN) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Grindrod Shipping Holdings Ltd (2021–2022)

Year-by-year earnings quality comparison for Grindrod Shipping Holdings Ltd. For live market cap and the full company financial profile, see GRIN stock market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 1.80x $186.03 Million $103.37 Million ▲ +13.8%
2021 1.58x $204.85 Million $129.48 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.