Grindrod Shipping Holdings Ltd (GRIN) - Total Assets
Based on the latest financial reports, Grindrod Shipping Holdings Ltd (GRIN) holds total assets worth $460.88 Million USD as of December 2023. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check GRIN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Grindrod Shipping Holdings Ltd - Total Assets Trend (2015–2023)
This chart illustrates how Grindrod Shipping Holdings Ltd's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Grindrod Shipping Holdings Ltd to see how much of total assets are deployed in long-term investments.
Grindrod Shipping Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Grindrod Shipping Holdings Ltd's total assets of $460.88 Million consist of 21.3% current assets and 78.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.9% |
| Accounts Receivable | $12.46 Million | 2.7% |
| Inventory | $10.76 Million | 2.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.91 Million | 1.1% |
| Goodwill | $7.92 Million | 1.7% |
Asset Composition Trend (2015–2023)
This chart illustrates how Grindrod Shipping Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Grindrod Shipping Holdings Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Grindrod Shipping Holdings Ltd's current assets represent 21.3% of total assets in 2023, a decrease from 25.0% in 2015.
- Cash Position: Cash and equivalents constituted 12.9% of total assets in 2023, down from 13.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.
Grindrod Shipping Holdings Ltd Competitors by Total Assets
Key competitors of Grindrod Shipping Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hyundai Mipo Dockyard
KO:010620
|
Korea | ₩5.15 Trillion |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
|
USA | $10.58 Billion |
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥39.87 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Puerto Ventana
SN:VENTANAS
|
Chile | CL$454.65 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
Indonesia | Rp714.01 Billion |
Grindrod Shipping Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.13 | 1.30 | 2.17 |
| Quick Ratio | 1.01 | 1.15 | 1.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $11.45 Million | $21.19 Million | $66.28 Million |
Grindrod Shipping Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Grindrod Shipping Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.14 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | -16.1% |
| Total Assets | $460.88 Million |
| Market Capitalization | $279.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Grindrod Shipping Holdings Ltd's assets below their book value (0.61x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Grindrod Shipping Holdings Ltd's assets decreased by 16.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Grindrod Shipping Holdings Ltd (2015–2023)
The table below shows the annual total assets of Grindrod Shipping Holdings Ltd from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $460.88 Million | -16.09% |
| 2022-12-31 | $549.23 Million | -14.87% |
| 2021-12-31 | $645.17 Million | +3.71% |
| 2020-12-31 | $622.10 Million | +18.00% |
| 2019-12-31 | $527.19 Million | +17.77% |
| 2018-12-31 | $447.63 Million | -11.73% |
| 2017-12-31 | $507.12 Million | -14.07% |
| 2016-12-31 | $590.15 Million | +1.97% |
| 2015-12-31 | $578.73 Million | -- |
About Grindrod Shipping Holdings Ltd
Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores… Read more