Grindrod Shipping Holdings Ltd Net Asset Quality Index
Grindrod Shipping Holdings Ltd 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. Check Grindrod Shipping Holdings Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Grindrod Shipping Holdings Ltd (2015–2023)
Net asset quality index of Grindrod Shipping Holdings Ltd from 2015 to 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. See what is Grindrod Shipping Holdings Ltd's book value for net asset value and shareholders' equity analysis.
Grindrod Shipping Holdings Ltd Net Asset Quality Index by Year (2015–2023)
Grindrod Shipping Holdings Ltd net asset quality index by year from 2015 to 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 live market cap and overall valuation, see how much is Grindrod Shipping Holdings Ltd worth.
| 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 | — |