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. Also explore Grindrod equity growth rate to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see GND market cap overview.
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. Explore capital reinvestment ratio of Grindrod to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |