Grindrod (GND) — Defensive Interval Ratio

Latest as of June 2025: 314 days

Grindrod (GND) has a Defensive Interval Ratio of 314 days as of June 2025. Defensive assets of ZAC2.43 Billion (cash ZAC-, short-term investments ZAC-, receivables ZAC2.43 Billion) cover 314 days of daily cash needs of ZAC7.74 Million/day. Check tangible net worth ratio of Grindrod to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

314 days
Days of operational coverage

Defensive Assets

ZAC2.43 Billion
Cash + ST Investments + Receivables

Daily Cash Need

ZAC7.74 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC2.83 Billion
ZAC

Grindrod Defensive Interval Ratio (2005–2024)

This chart shows how Grindrod's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 314 days, meaning defensive assets of ZAC2.43 Billion can fund 314 days of operations without new revenue. Also explore GND year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Grindrod (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Grindrod from 2005 to 2024, covering 20 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Grindrod.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2024 498 days ZAC3.15 Billion ZAC6.33 Million/day ZAC- ZAC1.06 Billion ▲ +297 days
2023 201 days ZAC1.29 Billion ZAC6.43 Million/day ZAC- ZAC416.34 Million ▲ +190 days
2022 11 days ZAC92.52 Million ZAC8.74 Million/day ZAC- ZAC-1.63 Billion ▼ -175 days
2021 186 days ZAC7.26 Billion ZAC39.09 Million/day ZAC- ZAC3.62 Billion ▲ +107 days
2020 79 days ZAC2.97 Billion ZAC37.83 Million/day ZAC- ZAC2.28 Billion ▼ -2 days
2019 81 days ZAC3.59 Billion ZAC44.53 Million/day ZAC- ZAC2.96 Billion ▼ -15 days
2018 95 days ZAC3.65 Billion ZAC38.40 Million/day ZAC- ZAC2.84 Billion ▲ +17 days
2017 78 days ZAC4.17 Billion ZAC53.22 Million/day ZAC- ZAC1.76 Billion ▼ -37 days
2016 115 days ZAC5.62 Billion ZAC48.67 Million/day ZAC- ZAC1.80 Billion ▲ +137 days
2015 -22 days ZAC-843.35 Million ZAC38.75 Million/day ZAC- ZAC1.07 Billion ▼ -159 days
2014 137 days ZAC4.67 Billion ZAC33.99 Million/day ZAC- ZAC990.02 Million ▲ +39 days
2013 98 days ZAC3.48 Billion ZAC35.56 Million/day ZAC- ZAC1.04 Billion ▼ -89 days
2012 187 days ZAC2.09 Billion ZAC11.16 Million/day ZAC- ZAC626.38 Million ▲ +179 days
2011 8 days ZAC190.26 Million ZAC23.79 Million/day ZAC- ZAC190.26 Million ▲ +8 days
2010 0 days ZAC-1.17 Million ZAC12.74 Million/day ZAC- ZAC-1.17 Million ▼ -200 days
2009 200 days ZAC3.04 Billion ZAC15.22 Million/day ZAC- ZAC104.09 Million ▼ -92 days
2008 291 days ZAC3.61 Billion ZAC12.39 Million/day ZAC- ZAC138.55 Million ▲ +55 days
2007 236 days ZAC2.70 Billion ZAC11.45 Million/day ZAC- ZAC228.94 Million ▲ +6 days
2006 230 days ZAC1.90 Billion ZAC8.28 Million/day ZAC- ZAC173.60 Million ▼ -42 days
2005 272 days ZAC1.57 Billion ZAC5.78 Million/day ZAC- ZAC429.62 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)