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 GRIN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see Grindrod Shipping Holdings Ltd cash conversion from operations.
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. Explore GRIN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| 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 | — |