Grindrod (GND) — Working Capital to Net Assets Ratio
Grindrod (GND) has a Working Capital to Net Assets ratio of 32.3% as of June 2025. Working capital of ZAC3.22 Billion (current assets of ZAC6.05 Billion minus current liabilities of ZAC2.83 Billion) is measured against net assets of ZAC9.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GND free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grindrod Working Capital to Net Assets (2005–2024)
This chart shows how Grindrod's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 32.3%, reflecting working capital of ZAC3.22 Billion against net assets of ZAC9.97 Billion ZAC. See Grindrod (GND) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Grindrod (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grindrod from 2005 to 2024, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Grindrod stock valuation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.2% | ZAC3.08 Billion | ZAC9.87 Billion | ZAC5.39 Billion | ZAC2.31 Billion | ▲ +8.3 pp |
| 2023 | 22.9% | ZAC2.27 Billion | ZAC9.88 Billion | ZAC4.61 Billion | ZAC2.35 Billion | ▼ -1.3 pp |
| 2022 | 24.3% | ZAC2.14 Billion | ZAC8.82 Billion | ZAC5.33 Billion | ZAC3.19 Billion | ▲ +77.2 pp |
| 2021 | -52.9% | ZAC-4.54 Billion | ZAC8.58 Billion | ZAC9.73 Billion | ZAC14.27 Billion | ▼ -31.1 pp |
| 2019 | -21.8% | ZAC-1.91 Billion | ZAC8.74 Billion | ZAC14.35 Billion | ZAC16.26 Billion | ▼ -9.2 pp |
| 2018 | -12.7% | ZAC-1.22 Billion | ZAC9.68 Billion | ZAC12.79 Billion | ZAC14.02 Billion | ▼ -37.7 pp |
| 2017 | 25.0% | ZAC3.55 Billion | ZAC14.20 Billion | ZAC22.98 Billion | ZAC19.43 Billion | ▲ +14.0 pp |
| 2016 | 11.1% | ZAC1.75 Billion | ZAC15.80 Billion | ZAC19.51 Billion | ZAC17.76 Billion | ▼ -1.4 pp |
| 2015 | 12.4% | ZAC2.38 Billion | ZAC19.14 Billion | ZAC16.52 Billion | ZAC14.14 Billion | ▼ -4.6 pp |
| 2014 | 17.0% | ZAC2.97 Billion | ZAC17.48 Billion | ZAC15.37 Billion | ZAC12.41 Billion | ▲ +6.3 pp |
| 2013 | 10.7% | ZAC1.29 Billion | ZAC12.13 Billion | ZAC14.27 Billion | ZAC12.98 Billion | ▼ -75.8 pp |
| 2012 | 86.4% | ZAC8.85 Billion | ZAC10.24 Billion | ZAC12.92 Billion | ZAC4.07 Billion | ▲ +40.0 pp |
| 2011 | 46.5% | ZAC4.33 Billion | ZAC9.31 Billion | ZAC13.01 Billion | ZAC8.68 Billion | ▲ +24.9 pp |
| 2010 | 21.6% | ZAC1.29 Billion | ZAC5.97 Billion | ZAC5.94 Billion | ZAC4.65 Billion | ▲ +22.0 pp |
| 2009 | -0.5% | ZAC-28.53 Million | ZAC5.84 Billion | ZAC5.53 Billion | ZAC5.56 Billion | ▼ -37.3 pp |
| 2008 | 36.8% | ZAC2.49 Billion | ZAC6.78 Billion | ZAC7.01 Billion | ZAC4.52 Billion | ▲ +17.0 pp |
| 2007 | 19.8% | ZAC679.50 Million | ZAC3.44 Billion | ZAC4.86 Billion | ZAC4.18 Billion | ▼ -2.5 pp |
| 2006 | 22.2% | ZAC627.00 Million | ZAC2.82 Billion | ZAC3.65 Billion | ZAC3.02 Billion | ▲ +6.7 pp |
| 2005 | 15.5% | ZAC300.76 Million | ZAC1.94 Billion | ZAC2.41 Billion | ZAC2.11 Billion | — |