Grindrod Shipping Holdings Ltd (GRIN) — Net Asset Quality Index
Grindrod Shipping Holdings Ltd (GRIN) has a Net Asset Quality Index of 53.4% as of December 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $460.88 Million minus total liabilities of $214.76 Million yields net assets of $246.12 Million. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Grindrod Shipping Holdings Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Grindrod Shipping Holdings Ltd Net Asset Quality Index Over Time (2015–2023)
This chart shows how Grindrod Shipping Holdings Ltd's Net Asset Quality Index has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the index stands at 53.4%, representing net assets of $246.12 Million against total assets of $460.88 Million USD. Explore GRIN cash flow metrics to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Grindrod Shipping Holdings Ltd (2015–2023)
The table below presents the year-by-year Net Asset Quality Index for Grindrod Shipping Holdings Ltd from 2015 to 2023, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see GRIN market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 53.4% | $246.12 Million | $460.88 Million | $214.76 Million | ▲ +1.1 pp |
| 2022 | 52.3% | $287.45 Million | $549.23 Million | $261.78 Million | ▲ +2.8 pp |
| 2021 | 49.5% | $319.63 Million | $645.17 Million | $325.53 Million | ▲ +8.7 pp |
| 2020 | 40.8% | $254.02 Million | $622.10 Million | $368.08 Million | ▼ -8.5 pp |
| 2019 | 49.3% | $260.06 Million | $527.19 Million | $267.13 Million | ▼ -16.0 pp |
| 2018 | 65.3% | $292.50 Million | $447.63 Million | $155.12 Million | ▲ +2.3 pp |
| 2017 | 63.0% | $319.74 Million | $507.12 Million | $187.39 Million | ▲ +1.5 pp |
| 2016 | 61.5% | $363.10 Million | $590.15 Million | $227.06 Million | ▼ -7.4 pp |
| 2015 | 69.0% | $399.08 Million | $578.73 Million | $179.65 Million | — |