Grindrod Shipping Holdings Ltd Working Capital to Net Assets Ratio
Grindrod Shipping Holdings Ltd working capital to net assets ratio. Grindrod Shipping Holdings Ltd (GRIN) has a Working Capital to Net Assets ratio of 4.7% as of December 2023. Working capital of $11.45 Million (current assets of $98.08 Million minus current liabilities of $86.62 Million) is measured against net assets of $246.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Grindrod Shipping Holdings Ltd (2015–2023)
Working capital to net assets ratio of Grindrod Shipping Holdings Ltd from 2015 to 2023. This chart shows how Grindrod Shipping Holdings Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 4.7%, reflecting working capital of $11.45 Million against net assets of $246.12 Million USD. Explore GRIN long-term investments to assets to see how much of total assets are deployed in long-term investments.
Grindrod Shipping Holdings Ltd Working Capital to Net Assets Ratio by Year (2015–2023)
Grindrod Shipping Holdings Ltd working capital to net assets ratio by year from 2015 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Grindrod Shipping Holdings Ltd from 2015 to 2023, covering 9 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 the complete balance sheet picture, see GRIN asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 4.7% | $11.45 Million | $246.12 Million | $98.08 Million | $86.62 Million | ▼ -0.4 pp |
| 2022 | 5.1% | $14.55 Million | $287.45 Million | $105.23 Million | $90.68 Million | ▼ -14.1 pp |
| 2021 | 19.1% | $61.15 Million | $319.63 Million | $161.49 Million | $100.34 Million | ▲ +33.0 pp |
| 2020 | -13.9% | $-35.29 Million | $254.02 Million | $82.61 Million | $117.90 Million | ▼ -15.7 pp |
| 2019 | 1.8% | $4.71 Million | $260.06 Million | $91.50 Million | $86.79 Million | ▼ -20.9 pp |
| 2018 | 22.7% | $66.28 Million | $292.50 Million | $122.95 Million | $56.67 Million | ▲ +15.2 pp |
| 2017 | 7.5% | $23.95 Million | $319.74 Million | $187.20 Million | $163.25 Million | ▲ +2.2 pp |
| 2016 | 5.3% | $19.16 Million | $363.10 Million | $160.82 Million | $141.66 Million | ▲ +10.7 pp |
| 2015 | -5.5% | $-21.80 Million | $399.08 Million | $144.57 Million | $166.37 Million | — |