Grindrod Shipping Holdings Ltd (GRIN) — Cash Flow Quality Index
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 cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Grindrod Shipping Holdings Ltd cash conversion from operations.
Annual Cash Flow Quality Index for Grindrod Shipping Holdings Ltd (2021–2022)
Year-by-year earnings quality comparison for Grindrod Shipping Holdings Ltd.
| 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 | — |