Grindrod Shipping Holdings Ltd Tangible Net Worth Ratio
Grindrod Shipping Holdings Ltd tangible net worth ratio. Grindrod Shipping Holdings Ltd (GRIN) has a Tangible Net Worth Ratio of 98.0% as of December 2023. This metric is calculated by deducting intangible assets ($4.91 Million) from net assets ($246.12 Million) 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 Shipping Holdings Ltd 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
Tangible Net Worth Ratio of Grindrod Shipping Holdings Ltd (2015–2023)
Tangible net worth ratio of Grindrod Shipping Holdings Ltd from 2015 to 2023. This chart shows how Grindrod Shipping Holdings Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 98.0%, reflecting net assets of $246.12 Million with intangible assets of $4.91 Million USD. Check strategic asset allocation of Grindrod Shipping Holdings Ltd to assess the company's strategic physical and investment asset allocation.
Grindrod Shipping Holdings Ltd Tangible Net Worth Ratio by Year (2015–2023)
Grindrod Shipping Holdings Ltd tangible net worth ratio by year from 2015 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Grindrod Shipping Holdings Ltd from 2015 to 2023, covering 9 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 live market cap and overall valuation, see GRIN stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 98.0% | $246.12 Million | $4.91 Million | $460.88 Million | ▼ -1.9 pp |
| 2022 | 99.9% | $287.45 Million | $186.00K | $549.23 Million | ▲ +0.0 pp |
| 2021 | 99.9% | $319.63 Million | $227.00K | $645.17 Million | ▲ +0.1 pp |
| 2020 | 99.8% | $254.02 Million | $405.00K | $622.10 Million | ▼ -0.1 pp |
| 2019 | 99.9% | $260.06 Million | $177.00K | $527.19 Million | ▼ -0.1 pp |
| 2018 | 100.0% | $292.50 Million | $41.00K | $447.63 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $319.74 Million | $61.00K | $507.12 Million | ▲ +1.8 pp |
| 2016 | 98.2% | $363.10 Million | $6.59 Million | $590.15 Million | ▼ -0.3 pp |
| 2015 | 98.5% | $399.08 Million | $6.03 Million | $578.73 Million | — |