Grindrod Shipping Holdings Ltd (GRIN) — Cash Flow-to-Debt Ratio

Latest as of December 2023: 0.15x

Grindrod Shipping Holdings Ltd (GRIN) has a Cash Flow-to-Debt Ratio of 0.15x as of December 2023, meaning its operating cash flow of $31.32 Million could theoretically repay 0% of its total liabilities ($214.76 Million) in one year. See GRIN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.15x
Operating CF / Total Liabilities

Operating Cash Flow

$31.32 Million
USD

Total Liabilities

$214.76 Million
USD

Data as of

Dec 2023
Most recent filing

Grindrod Shipping Holdings Ltd Cash Flow-to-Debt Ratio (2015–2023)

Historical debt coverage capacity for Grindrod Shipping Holdings Ltd across 9 annual periods. Also explore Grindrod Shipping Holdings Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Grindrod Shipping Holdings Ltd (2015–2023)

Year-by-year debt coverage analysis for Grindrod Shipping Holdings Ltd. For market capitalisation and broader financial context, see Grindrod Shipping Holdings Ltd (GRIN) total market value.

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2023 0.72x $155.12 Million $214.76 Million ▲ +1.6%
2022 0.71x $186.03 Million $261.78 Million ▲ +12.9%
2021 0.63x $204.85 Million $325.53 Million ▲ +229.1%
2020 0.19x $70.38 Million $368.08 Million ▲ +191.9%
2019 -0.21x $-55.59 Million $267.13 Million ▲ +13.6%
2018 -0.24x $-37.36 Million $155.12 Million ▼ -1437.2%
2017 0.02x $3.38 Million $187.39 Million ▲ +119.2%
2016 -0.09x $-21.26 Million $227.06 Million ▼ -114.7%
2015 0.64x $114.66 Million $179.65 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.