GRDLF (Grindrod) Debt-to-Asset : 0.19 (As of Jun. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Grindrod Debt-to-Asset?

Grindrod's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $31.2 Mil. Grindrod's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $119.3 Mil. Grindrod's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $809.5 Mil. Grindrod's debt to asset for the quarter that ended in Jun. 2024 was 0.19.

Grindrod Debt-to-Asset Historical Data

The historical data trend for Grindrod's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grindrod Debt-to-Asset Chart

Grindrod Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.16

0.19

0.15

0.18

Grindrod Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.15	0.18	0.19	0.18	0.19

Competitive Comparison of Grindrod's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, Grindrod's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Grindrod's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Grindrod's Debt-to-Asset falls into.

Grindrod Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Grindrod's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(28.726	+	112.04)	/	782.066
	=	0.18

Grindrod's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(31.189	+	119.265)	/	809.457
	=	0.19

Grindrod (OTCPK:GRDLF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Grindrod Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Grindrod's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Grindrod Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (OTCPK:GRDLF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GNDP.PFD:South Africa GND:South Africa

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics company. Its solutions include terminal operations, port management, and logistics solutions, including rail logistics, container logistics, intermodal solutions, warehouse management, road transportation, maritime transport, ships agency, clearing and forwarding, customs management, and project logistics. Its operations consist of Port and Terminals which provide dry-bulk commodities handling services along key trade corridors in South Africa, Mozambique, and Namibia. The Logistics segment operates a ships agency, clearing and forwarding, and rail services as well as container handling landside operations.

Grindrod Headlines

From GuruFocus

Grindrod Ltd (GRDLF) (Q2 2024) Earnings Call Highlights: Navigating Challenges with Strategic Growth

By GuruFocus News • 10-09-2024

Half Year 2024 Grindrod Ltd Earnings Call Transcript

By GuruFocus News • 10-09-2024

Full Year 2023 Grindrod Ltd Earnings Call Transcript

By GuruFocus Research • 03-08-2024