Grindrod Ltd.
Grindrod Limited, together with its subsidiaries, engages in the logistics services business in North America, the Middle East, the United Kingdom, Isle of Man, rest of Europe, Singapore, Asia, the Far East, Australia, South Africa, and Rest of Africa. The company operates through Ports and Terminals; Logistics; Group; Private Equity and Property; and Marine Fuels segments. It engages in the bulk… Read more
Grindrod Ltd. (GRDLF) - Net Assets
Latest net assets as of June 2025: $9.97 Billion USD
Based on the latest financial reports, Grindrod Ltd. (GRDLF) has net assets worth $9.97 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.13 Billion) and total liabilities ($6.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.97 Billion |
| % of Total Assets | 61.83% |
| Annual Growth Rate | 5.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.63 |
Grindrod Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Grindrod Ltd. 's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grindrod Ltd. (2020–2024)
The table below shows the annual net assets of Grindrod Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.87 Billion | -0.12% |
| 2023-12-31 | $9.88 Billion | +11.98% |
| 2022-12-31 | $8.82 Billion | +2.84% |
| 2021-12-31 | $8.58 Billion | +7.78% |
| 2020-12-31 | $7.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grindrod Ltd. 's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.30 Billion | 33.30% |
| Other Components | $6.62 Billion | 66.70% |
| Total Equity | $9.92 Billion | 100.00% |
Grindrod Ltd. Competitors by Market Cap
The table below lists competitors of Grindrod Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Next Geosolutions Europe SpA
F:LV8
|
$419.11 Million |
|
Community Healthcare Trust Inc
NYSE:CHCT
|
$419.21 Million |
|
Türk Telekomünikasyon Anonim Sirketi
PINK:TRKNF
|
$419.26 Million |
|
Lassonde Industries Inc
PINK:LSDAF
|
$419.32 Million |
|
Xiamen 35Com Tech
SHE:300051
|
$418.99 Million |
|
Auction Technology Group plc
OTCGREY:ATHGF
|
$418.96 Million |
|
Deppon Logistics Co Ltd
SHG:603056
|
$418.96 Million |
|
Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA
|
$418.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grindrod Ltd. 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,931,597,000 to 9,920,909,000, a change of -10,688,000 (-0.1%).
- Net income of 390,272,000 contributed positively to equity growth.
- Other factors decreased equity by 400,960,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $390.27 Million | +3.93% |
| Other Changes | $-400.96 Million | -4.04% |
| Total Change | $- | -0.11% |
Book Value vs Market Value Analysis
This analysis compares Grindrod Ltd. 's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $12.08 | $0.75 | x |
| 2021-12-31 | $12.94 | $0.75 | x |
| 2022-12-31 | $13.28 | $0.75 | x |
| 2023-12-31 | $14.84 | $0.75 | x |
| 2024-12-31 | $14.83 | $0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grindrod Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.84%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.49x
- Recent ROE (3.93%) is below the historical average (4.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -4.49% | -9.70% | 0.16x | 2.91x | $-1.17 Billion |
| 2021 | 2.57% | 6.48% | 0.14x | 2.92x | $-640.91 Million |
| 2022 | 7.40% | 11.17% | 0.43x | 1.56x | $-230.86 Million |
| 2023 | 10.69% | 21.92% | 0.33x | 1.47x | $68.99 Million |
| 2024 | 3.93% | 7.84% | 0.34x | 1.49x | $-601.82 Million |
Industry Comparison
This section compares Grindrod Ltd. 's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grindrod Ltd. (GRDLF) | $9.97 Billion | -4.49% | 0.62x | $419.00 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |