Grindrod Shipping (GRIN)

Net assets on the balance sheet as of December 2023 : €0.23 Billion

According to Grindrod Shipping's latest financial reports the company has €0.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grindrod Shipping - Net assets on balance sheet (from 2017 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$€0.26 B	28.36%
2021-12-31	$€0.20 B	1.09%
2020-12-31	$€0.20 B	-8.17%
2019-12-31	$€0.22 B	-12.04%
2018-12-31	$€0.25 B	-4.05%
2017-12-31	$€0.26 B	-22.8%
2016-12-31	$€0.34 B	-5.42%
2015-12-31	$€0.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Performance Shipping PSHG	€0.25 B	8.07%	🇬🇷 Greece

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Grindrod Shipping (GRIN) - Net assets

Net assets on the balance sheet as of December 2023 : €0.23 Billion