Grindrod Shipping (GRIN)

Net assets on the balance sheet as of December 2023 : NZ$0.43 Billion

According to Grindrod Shipping's latest financial reports the company has NZ$0.43 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	$NZ$0.45 B	30.8%
2021-12-31	$NZ$0.34 B	-1.68%
2020-12-31	$NZ$0.35 B	-5.89%
2019-12-31	$NZ$0.37 B	-14.21%
2018-12-31	$NZ$0.43 B	-3.14%
2017-12-31	$NZ$0.45 B	-14.11%
2016-12-31	$NZ$0.52 B	-10.1%
2015-12-31	$NZ$0.58 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Performance Shipping PSHG	NZ$0.47 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 : NZ$0.43 Billion