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. Check financial resilience of Grindrod Shipping Holdings Ltd to evaluate the company's liquid asset resilience ratio.
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. See how liquid is Grindrod Shipping Holdings Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
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 Grindrod Shipping Holdings Ltd market capitalisation.
| 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 | — |