Grindrod Shipping (GRIN) - Net assets

Net assets on the balance sheet as of December 2023 : S$0.33 Billion

According to Grindrod Shipping's latest financial reports the company has S$0.33 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 (in 2021)

Net assets by year

Year	Net assets	Change
2021-12-31	$S$0.31 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Performance Shipping PSHG	S$0.36 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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