GRDLF (Grindrod) Interest Coverage: 3.97 (As of Dec. 2025) — 51% Above Median


GRDLF Grindrod Ltd GRDLF
60 GF Score
Price $0.75
GF Value $0.43
! 6 Warning Signs
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What is Grindrod Interest Coverage?

Grindrod GRDLF -13.73% 60 Interest Coverage is 3.97 as of Dec. 2025, which is 51% above its 10-year median of 2.63. GuruFocus rates GRDLF with a GF Score™ of 60/100 and a GF Value™ of $0.43. The stock has 6 warning signs investors should review. Among 838 Transportation companies, Grindrod ranks worse than 68.38% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Grindrod's Operating Income for the six months ended in Dec. 2025 was $37.4 Mil. Grindrod's Interest Expense for the six months ended in Dec. 2025 was $-9.4 Mil. Grindrod's interest coverage for the quarter that ended in Dec. 2025 was 3.97. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Grindrod's Interest Coverage or its related term are showing as below:

GRDLF' s Interest Coverage Range Over the Past 10 Years
Min: 0.12   Med: 2.63   Max: 29.26
Current: 2.98


GRDLF's Interest Coverage is ranked worse than
68.38% of 838 companies
in the Transportation industry
Industry Median: 5.67 vs GRDLF: 2.98

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Grindrod  (OTCPK:GRDLF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Grindrod Interest Coverage Related Terms


Grindrod Interest Coverage Historical Data

* Premium members only.

The historical data trend for Grindrod's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Grindrod Interest Coverage Chart

Grindrod Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 2.63 2.42 1.38 2.98

Grindrod Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 2.51 0.34 1.89 3.97

GRDLF vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Grindrod's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grindrod's Interest Coverage falls into.


GRDLF
60GF Score
Grindrod Ltd GRDLF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Grindrod Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Grindrod's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Grindrod's Interest Expense was $-18.0 Mil. Its Operating Income was $53.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $147.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*53.519/-17.965
=2.98

Grindrod's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Grindrod's Interest Expense was $-9.4 Mil. Its Operating Income was $37.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $147.5 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*37.381/-9.41
=3.97

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.97 mean?
Grindrod (GRDLF) has a Interest Coverage of 3.97 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grindrod and its competitors. This is 51% above median its historical median of 2.63. Over the past decade, Grindrod's Interest Coverage has ranged from 0.12 to 29.26. According to the industry distribution chart, Grindrod ranks #573 out of 838 companies in the Transportation industry, placing it in the top 68.4%.
Is Grindrod's Interest Coverage too high?
Grindrod's current Interest Coverage of 3.97 is 51% above median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 29.26. The Transportation industry median Interest Coverage is 5.67. Grindrod's value of 3.97 is 30% below this industry median. Based on the distribution chart, Grindrod ranks #573 out of 838 companies in the Transportation industry, which is below the industry midpoint. Overall, Grindrod has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Grindrod's Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, Grindrod ranks #573 out of 838 companies for Interest Coverage. This places Grindrod in the lower half of its industry. The industry median Interest Coverage is 5.67. Grindrod's value of 3.97 is 30% below this benchmark. Historically, Grindrod's own Interest Coverage has ranged from 0.12 to 29.26 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 5.67, Grindrod has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grindrod's current Interest Coverage of 3.97 is 30% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grindrod and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindrod's current Interest Coverage is 3.97, which is 51% above median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindrod stock overvalued right now?
Grindrod (GRDLF) has a current Interest Coverage of 3.97. The stock's GF Value™ is $0.43, compared to a current price of $0.75 — trading 74.1% above its estimated fair value. The current Interest Coverage is 3.97, which is 51% above median its 10-year median of 2.63 and 30% below the Transportation industry median of 5.67. Grindrod's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Grindrod (GRDLF), the current Interest Coverage is 3.97 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grindrod (GRDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Grindrod stock appears to be overvalued. The current stock price of $0.75 is trading 74.1% above its estimated GF Value™ of $0.43.

Key valuation signals for GRDLF:

  • Interest Coverage: 3.97 (51% above median its 10-year median of 2.63)
  • GF Value™: $0.43 vs. price of $0.75 (74.1% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 30% below the Transportation median (#573 of 838)

No single metric tells the full story. See the GRDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grindrod Business Description

Address 106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001
Grindrod Ltd is a provider of logistic solutions. The company provides solutions through its warehousing, distribution, container depots and transport capabilities. It also offers all-encompassing integrated solutions through a single point of contact, including multi-modal road and rail bulk solutions connecting customers via various trade corridors. It also offers freight forwarding, customs brokerage, contract logistics, project logistics and digital solutions and provides ships agency, logistics and marine technical and engineering services to the maritime, offshore and oil and gas sectors. Its segments include Port and Terminals, and The Logistics segment operates a ships agency, clearing and forwarding and rail services as well as containers handling landside operations.
60GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.75
Price
$0.43
GF Value