Grindrod (GND) — Tangible Net Worth Ratio
Grindrod (GND) has a Tangible Net Worth Ratio of 81.6% as of June 2025. This metric is calculated by deducting intangible assets (ZAC1.84 Billion) from net assets (ZAC9.97 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Grindrod to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Grindrod Tangible Net Worth Ratio (2005–2024)
This chart shows how Grindrod's Tangible Net Worth Ratio has changed across 19 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 81.6%, reflecting net assets of ZAC9.97 Billion with intangible assets of ZAC1.84 Billion ZAC. See defensive interval ratio of Grindrod to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Grindrod (2005–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Grindrod from 2005 to 2024, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Grindrod stock valuation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | ZAC9.87 Billion | ZAC41.99 Million | ZAC14.76 Billion | ▲ +0.1 pp |
| 2023 | 99.5% | ZAC9.88 Billion | ZAC51.32 Million | ZAC14.57 Billion | ▲ +0.1 pp |
| 2022 | 99.4% | ZAC8.82 Billion | ZAC53.84 Million | ZAC13.83 Billion | ▲ +0.2 pp |
| 2021 | 99.2% | ZAC8.58 Billion | ZAC71.34 Million | ZAC25.15 Billion | ▲ +0.5 pp |
| 2019 | 98.6% | ZAC8.74 Billion | ZAC118.45 Million | ZAC27.93 Billion | ▼ 0.0 pp |
| 2018 | 98.7% | ZAC9.68 Billion | ZAC129.14 Million | ZAC25.65 Billion | ▼ -0.4 pp |
| 2017 | 99.0% | ZAC14.20 Billion | ZAC139.63 Million | ZAC34.95 Billion | ▲ +0.5 pp |
| 2016 | 98.5% | ZAC15.80 Billion | ZAC231.31 Million | ZAC36.18 Billion | ▲ +0.1 pp |
| 2015 | 98.4% | ZAC19.14 Billion | ZAC304.66 Million | ZAC36.46 Billion | ▼ -0.9 pp |
| 2014 | 99.3% | ZAC17.48 Billion | ZAC125.32 Million | ZAC32.80 Billion | ▼ -0.1 pp |
| 2013 | 99.4% | ZAC12.13 Billion | ZAC78.22 Million | ZAC28.42 Billion | ▲ +6.0 pp |
| 2012 | 93.4% | ZAC10.24 Billion | ZAC679.64 Million | ZAC22.07 Billion | ▼ -0.8 pp |
| 2011 | 94.1% | ZAC9.31 Billion | ZAC547.93 Million | ZAC20.43 Billion | ▲ +8.7 pp |
| 2010 | 85.4% | ZAC5.97 Billion | ZAC869.25 Million | ZAC14.25 Billion | ▼ -0.3 pp |
| 2009 | 85.8% | ZAC5.84 Billion | ZAC830.66 Million | ZAC12.63 Billion | ▼ -3.7 pp |
| 2008 | 89.5% | ZAC6.78 Billion | ZAC713.05 Million | ZAC13.98 Billion | ▼ -10.5 pp |
| 2007 | 100.0% | ZAC3.44 Billion | ZAC0.00 | ZAC9.93 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | ZAC2.82 Billion | ZAC0.00 | ZAC7.27 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | ZAC1.94 Billion | ZAC0.00 | ZAC4.98 Billion | — |