Grindrod Shipping (GRIN)

Net assets on the balance sheet as of December 2023 : ₹20.75 Billion

According to Grindrod Shipping's latest financial reports the company has ₹20.75 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	$₹23.78 B	35.17%
2021-12-31	$₹17.59 B	-5.27%
2020-12-31	$₹18.57 B	3.4%
2019-12-31	$₹17.96 B	-12.16%
2018-12-31	$₹20.45 B	0.18%
2017-12-31	$₹20.41 B	-17.26%
2016-12-31	$₹24.67 B	-6.96%
2015-12-31	$₹26.52 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Performance Shipping PSHG	₹21.42 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 : ₹20.75 Billion