Grindrod Shipping Holdings Ltd (GRIN) - Total Liabilities
Based on the latest financial reports, Grindrod Shipping Holdings Ltd (GRIN) has total liabilities worth $214.76 Million USD as of December 2023. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Grindrod Shipping Holdings Ltd - Total Liabilities Trend (2015–2023)
This chart illustrates how Grindrod Shipping Holdings Ltd's total liabilities have evolved over time, based on quarterly financial data. See GRIN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Grindrod Shipping Holdings Ltd Competitors by Total Liabilities
The table below lists competitors of Grindrod Shipping Holdings Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ningbo United Group Co Ltd
SHG:600051
|
China | CN¥837.98 Million |
|
Brightstar Resources Ltd
AU:BTR
|
Australia | AU$98.56 Million |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.08 Trillion |
|
XiAn Qujiang Cultural Tourism Co Ltd
SHG:600706
|
China | CN¥2.13 Billion |
|
Hitit Bilgisayar Hizmetleri AS
IS:HTTBT
|
Turkey | TL655.34 Million |
|
Ag Growth International Inc
TO:AFN
|
Canada | CA$1.43 Billion |
|
Synopex Inc
KQ:025320
|
Korea | ₩90.38 Billion |
|
Addcn Technology Co Ltd
TWO:5287
|
Taiwan | NT$1.79 Billion |
Liability Composition Analysis (2015–2023)
This chart breaks down Grindrod Shipping Holdings Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Grindrod Shipping Holdings Ltd stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.13 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.87 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.47 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Grindrod Shipping Holdings Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Grindrod Shipping Holdings Ltd (2015–2023)
The table below shows the annual total liabilities of Grindrod Shipping Holdings Ltd from 2015 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $214.76 Million | -17.96% |
| 2022-12-31 | $261.78 Million | -19.58% |
| 2021-12-31 | $325.53 Million | -11.56% |
| 2020-12-31 | $368.08 Million | +37.79% |
| 2019-12-31 | $267.13 Million | +72.20% |
| 2018-12-31 | $155.12 Million | -17.22% |
| 2017-12-31 | $187.39 Million | -17.47% |
| 2016-12-31 | $227.06 Million | +26.39% |
| 2015-12-31 | $179.65 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