Grindrod Shipping Holdings Ltd (GRIN) — Financial Flexibility Index
Grindrod Shipping Holdings Ltd (GRIN) has a Financial Flexibility Index of 0.15x as of December 2023. Free cash flow of $31.57 Million (operating CF $31.32 Million minus capex $248.47K) represents 0% of total liabilities ($214.76 Million). Check strategic asset allocation of Grindrod Shipping Holdings Ltd to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Grindrod Shipping Holdings Ltd Financial Flexibility Index (2015–2023)
Historical Financial Flexibility Index trend for Grindrod Shipping Holdings Ltd across 9 annual periods. See GRIN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Grindrod Shipping Holdings Ltd (2015–2023)
Year-by-year free cash flow to debt coverage for Grindrod Shipping Holdings Ltd. For the full company profile including market capitalisation, see market cap of Grindrod Shipping Holdings Ltd.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2023 | 0.73x | $155.99 Million | $155.12 Million | $214.76 Million | ▲ +2.1% |
| 2022 | 0.71x | $186.27 Million | $186.03 Million | $261.78 Million | ▲ +13.0% |
| 2021 | 0.63x | $204.91 Million | $204.85 Million | $325.53 Million | ▲ +227.2% |
| 2020 | 0.19x | $70.80 Million | $70.38 Million | $368.08 Million | ▲ +192.9% |
| 2019 | -0.21x | $-55.33 Million | $-55.59 Million | $267.13 Million | ▲ +13.1% |
| 2018 | -0.24x | $-36.99 Million | $-37.36 Million | $155.12 Million | ▼ -1070.2% |
| 2017 | 0.02x | $4.61 Million | $3.38 Million | $187.39 Million | ▲ +127.2% |
| 2016 | -0.09x | $-20.54 Million | $-21.26 Million | $227.06 Million | ▼ -113.9% |
| 2015 | 0.65x | $117.09 Million | $114.66 Million | $179.65 Million | — |