Grindrod Shipping (GRIN)

Net assets on the balance sheet as of December 2023 : $0.24 Billion USD

According to Grindrod Shipping's latest financial reports the company has $0.24 Billion USD 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	$$0.28 B	21.58%
2021-12-31	$$0.23 B	-6.92%
2020-12-31	$$0.25 B	0.83%
2019-12-31	$$0.25 B	-13.87%
2018-12-31	$$0.29 B	-8.52%
2017-12-31	$$0.31 B	-11.94%
2016-12-31	$$0.36 B	-9.02%
2015-12-31	$$0.39 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Performance Shipping PSHG	$0.25 B	3.22%	🇬🇷 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 : $0.24 Billion USD