Grindrod Shipping Holdings Stock Probability Of Bankruptcy

GRIN Stock

USD 13.96 0.23 1.68%

Grindrod Shipping's probability of distress is under 25% at this time. It has slight risk of undergoing some form of financial trouble in the near future. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Grindrod balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Grindrod Shipping Piotroski F Score and Grindrod Shipping Altman Z Score analysis.

As of the 5th of May 2024, Enterprise Value is likely to grow to about 312.1 M, while Market Cap is likely to drop about 175.9 M.

Grindrod Shipping Holdings Company odds of distress Analysis

Grindrod Shipping's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Grindrod Shipping Probability Of Bankruptcy

Less than 25%

Most of Grindrod Shipping's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Grindrod Shipping Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Grindrod Shipping probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Grindrod Shipping odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Grindrod Shipping Holdings financial health.

Is Grindrod Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grindrod Shipping. If investors know Grindrod will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grindrod Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.90)

Dividend Share

0.03

Earnings Share

(0.49)

Revenue Per Share

19.827

Quarterly Revenue Growth

0.091

The market value of Grindrod Shipping is measured differently than its book value, which is the value of Grindrod that is recorded on the company's balance sheet. Investors also form their own opinion of Grindrod Shipping's value that differs from its market value or its book value, called intrinsic value, which is Grindrod Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grindrod Shipping's market value can be influenced by many factors that don't directly affect Grindrod Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.45	0.44	0.48	0.02	0.06	0.63	0.01	0.27	0.13	-0.52	0.3	0.13	0.5	0.32	0.58	0.12	0.42	0.17	0.41	-0.13	0.64
Total Stockholder Equity	0.45		1.0	0.93	-0.87	0.1	0.9	-0.83	0.72	0.83	-0.66	-0.68	0.76	0.84	0.72	0.68	0.65	0.89	-0.62	-0.25	0.38	0.47
Net Tangible Assets	0.44	1.0		0.91	-0.88	0.14	0.9	-0.82	0.69	0.81	-0.64	-0.68	0.72	0.82	0.73	0.67	0.64	0.86	-0.59	-0.23	0.41	0.46
Current Deferred Revenue	0.48	0.93	0.91		-0.8	-0.23	0.88	-0.84	0.76	0.9	-0.63	-0.6	0.8	0.94	0.72	0.82	0.7	0.97	-0.61	-0.31	0.12	0.43
Net Debt	0.02	-0.87	-0.88	-0.8		-0.03	-0.68	0.95	-0.65	-0.89	0.43	0.93	-0.77	-0.7	-0.67	-0.5	-0.68	-0.79	0.75	0.52	-0.48	-0.18
Retained Earnings	0.06	0.1	0.14	-0.23	-0.03		0.11	0.21	-0.32	-0.16	0.15	0.02	-0.29	-0.37	-0.22	-0.39	0.05	-0.36	0.26	0.29	0.5	-0.07
Accounts Payable	0.63	0.9	0.9	0.88	-0.68	0.11		-0.67	0.46	0.77	-0.46	-0.43	0.55	0.8	0.52	0.78	0.76	0.79	-0.26	-0.17	0.07	0.4
Long Term Debt	0.01	-0.83	-0.82	-0.84	0.95	0.21	-0.67		-0.68	-0.9	0.48	0.9	-0.84	-0.81	-0.59	-0.64	-0.67	-0.87	0.78	0.61	-0.22	-0.21
Net Receivables	0.27	0.72	0.69	0.76	-0.65	-0.32	0.46	-0.68		0.65	-0.86	-0.63	0.89	0.69	0.75	0.42	0.21	0.82	-0.85	-0.38	0.37	0.67
Good Will	0.13	0.83	0.81	0.9	-0.89	-0.16	0.77	-0.9	0.65		-0.39	-0.78	0.77	0.79	0.56	0.63	0.85	0.84	-0.63	-0.56	0.18	0.18
Short Term Investments	-0.52	-0.66	-0.64	-0.63	0.43	0.15	-0.46	0.48	-0.86	-0.39		0.39	-0.69	-0.66	-0.58	-0.46	0.02	-0.71	0.61	0.15	-0.22	-0.88
Total Liab	0.3	-0.68	-0.68	-0.6	0.93	0.02	-0.43	0.9	-0.63	-0.78	0.39		-0.76	-0.52	-0.48	-0.27	-0.51	-0.63	0.8	0.73	-0.46	-0.17
Long Term Investments	0.13	0.76	0.72	0.8	-0.77	-0.29	0.55	-0.84	0.89	0.77	-0.69	-0.76		0.72	0.6	0.47	0.41	0.84	-0.89	-0.61	0.26	0.51
Short Long Term Debt	0.5	0.84	0.82	0.94	-0.7	-0.37	0.8	-0.81	0.69	0.79	-0.66	-0.52	0.72		0.65	0.94	0.57	0.96	-0.53	-0.27	-0.06	0.47
Total Current Assets	0.32	0.72	0.73	0.72	-0.67	-0.22	0.52	-0.59	0.75	0.56	-0.58	-0.48	0.6	0.65		0.5	0.25	0.76	-0.63	0.0	0.55	0.39
Short Term Debt	0.58	0.68	0.67	0.82	-0.5	-0.39	0.78	-0.64	0.42	0.63	-0.46	-0.27	0.47	0.94	0.5		0.55	0.83	-0.24	-0.09	-0.3	0.33
Intangible Assets	0.12	0.65	0.64	0.7	-0.68	0.05	0.76	-0.67	0.21	0.85	0.02	-0.51	0.41	0.57	0.25	0.55		0.57	-0.24	-0.34	-0.02	-0.19
Common Stock	0.42	0.89	0.86	0.97	-0.79	-0.36	0.79	-0.87	0.82	0.84	-0.71	-0.63	0.84	0.96	0.76	0.83	0.57		-0.69	-0.35	0.1	0.49
Property Plant Equipment	0.17	-0.62	-0.59	-0.61	0.75	0.26	-0.26	0.78	-0.85	-0.63	0.61	0.8	-0.89	-0.53	-0.63	-0.24	-0.24	-0.69		0.51	-0.47	-0.3
Net Invested Capital	0.41	-0.25	-0.23	-0.31	0.52	0.29	-0.17	0.61	-0.38	-0.56	0.15	0.73	-0.61	-0.27	0.0	-0.09	-0.34	-0.35	0.51		0.05	-0.15
Net Working Capital	-0.13	0.38	0.41	0.12	-0.48	0.5	0.07	-0.22	0.37	0.18	-0.22	-0.46	0.26	-0.06	0.55	-0.3	-0.02	0.1	-0.47	0.05		0.11
Capital Stock	0.64	0.47	0.46	0.43	-0.18	-0.07	0.4	-0.21	0.67	0.18	-0.88	-0.17	0.51	0.47	0.39	0.33	-0.19	0.49	-0.3	-0.15	0.11

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	(0.0671)	(0.0661)	0.18	0.19	(0.0209)	(0.0219)
Gross Profit Margin	0.062	0.0541	0.39	0.36	0.0953	0.1
Net Debt	190.8M	288.4M	171.8M	172.9M	116.7M	146.2M
Total Current Liabilities	86.8M	117.9M	100.3M	90.7M	86.6M	89.8M
Non Current Liabilities Total	180.3M	250.2M	225.2M	171.1M	128.1M	143.8M
Total Assets	527.2M	622.1M	645.2M	549.2M	460.9M	438.1M
Total Current Assets	91.5M	82.6M	161.5M	105.2M	98.1M	102.6M
Total Cash From Operating Activities	(55.6M)	70.4M	204.9M	186.0M	155.1M	162.9M

	Return On Equity	-0.0361
	Return On Asset	0.009
	Profit Margin	(0.02) %
	Operating Margin	0.03 %
	Current Valuation	389.47 M
	Shares Outstanding	19.69 M
	Shares Owned By Insiders	82.32 %
	Shares Owned By Institutions	1.13 %
	Number Of Shares Shorted	17.62 K
	Price To Earning	2.80 X
	Price To Book	1.09 X
	Price To Sales	0.69 X
	Revenue	387.1 M
	Gross Profit	232.94 M
	EBITDA	64.37 M
	Net Income	(9.62 M)
	Cash And Equivalents	165.4 M
	Cash Per Share	8.71 X
	Total Debt	176.02 M
	Debt To Equity	0.65 %
	Current Ratio	1.92 X
	Book Value Per Share	12.50 X
	Cash Flow From Operations	155.12 M
	Short Ratio	0.45 X
	Earnings Per Share	(0.49) X
	Target Price	12.5
	Number Of Employees	1.01 K
	Beta	0.73
	Market Capitalization	274.81 M
	Total Asset	460.88 M
	Retained Earnings	(32.21 M)
	Working Capital	11.45 M
	Current Asset	107.7 M
	Current Liabilities	97.45 M
	Annual Yield	0.1 %
	Net Asset	460.88 M
	Last Dividend Paid	0.03

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Grindrod Shipping Holdings Stock Probability Of Bankruptcy

Grindrod Shipping Holdings Company odds of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Grindrod Shipping Probability Of Bankruptcy

Grindrod Probability Of Bankruptcy Driver Correlations

Grindrod Probability Of Bankruptcy Peer Comparison

Grindrod Shipping Main Bankruptcy Drivers

Grindrod Fundamentals

About Grindrod Shipping Fundamental Analysis

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