Grindrod Shipping Holdings Ltd Defensive Interval Ratio
Grindrod Shipping Holdings Ltd defensive interval ratio. Grindrod Shipping Holdings Ltd (GRIN) has a Defensive Interval Ratio of 61 days as of December 2023. Defensive assets of $14.49 Million (cash $-, short-term investments $2.03 Million, receivables $12.46 Million) cover 61 days of daily cash needs of $237.33K/day. See GRIN net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Grindrod Shipping Holdings Ltd (2015–2023)
Defensive interval ratio of Grindrod Shipping Holdings Ltd from 2015 to 2023. This chart shows how Grindrod Shipping Holdings Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 61 days, meaning defensive assets of $14.49 Million can fund 61 days of operations without new revenue. Check Grindrod Shipping Holdings Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Grindrod Shipping Holdings Ltd Defensive Interval Ratio by Year (2015–2023)
Grindrod Shipping Holdings Ltd defensive interval ratio by year from 2015 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Grindrod Shipping Holdings Ltd from 2015 to 2023, covering 9 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 the complete balance sheet picture, see total assets of Grindrod Shipping Holdings Ltd.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 61 days | $14.49 Million | $237.33K/day | $- | $2.03 Million | ▼ -92 days |
| 2022 | 153 days | $37.94 Million | $248.43K/day | $- | $269.00K | ▲ +22 days |
| 2021 | 131 days | $35.90 Million | $274.91K/day | $- | $809.00K | ▲ +43 days |
| 2020 | 88 days | $28.37 Million | $323.02K/day | $- | $- | ▼ -76 days |
| 2019 | 163 days | $38.86 Million | $237.78K/day | $- | $- | ▼ -272 days |
| 2018 | 435 days | $67.55 Million | $155.25K/day | $- | $337.00K | ▲ +264 days |
| 2017 | 171 days | $76.65 Million | $447.26K/day | $- | $123.00K | ▼ -39 days |
| 2016 | 210 days | $81.56 Million | $388.11K/day | $- | $289.00K | ▲ +77 days |
| 2015 | 133 days | $60.62 Million | $455.80K/day | $- | $296.00K | — |