Grindrod Long Term Debt vs Common Stock Total Equity Analysis
GRIN Stock | USD 13.70 0.05 0.37% |
Grindrod Shipping financial indicator trend analysis is much more than just examining Grindrod Shipping latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grindrod Shipping is a good investment. Please check the relationship between Grindrod Shipping Long Term Debt and its Common Stock Total Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindrod Shipping Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Long Term Debt vs Common Stock Total Equity
Long Term Debt vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grindrod Shipping Long Term Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Grindrod Shipping's Long Term Debt and Common Stock Total Equity is -0.87. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Grindrod Shipping Holdings, assuming nothing else is changed. The correlation between historical values of Grindrod Shipping's Long Term Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Grindrod Shipping Holdings are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Long Term Debt i.e., Grindrod Shipping's Long Term Debt and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Grindrod Shipping has held for over one year. Long-term debt appears on Grindrod Shipping Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Grindrod Shipping Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Grindrod Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grindrod Shipping current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindrod Shipping Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Grindrod Shipping's Selling General Administrative is very stable compared to the past year. As of the 17th of June 2024, Tax Provision is likely to grow to about 1.1 M, while Discontinued Operations is likely to drop (3 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 12.3M | 17.1M | 16.2M | 11.5M | Depreciation And Amortization | 62.0M | 67.3M | 57.7M | 45.3M |
Grindrod Shipping fundamental ratios Correlations
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Grindrod Shipping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grindrod Shipping fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 527.2M | 622.1M | 645.2M | 549.2M | 460.9M | 438.1M | |
Short Long Term Debt Total | 223.2M | 329.7M | 278.9M | 225.1M | 176.0M | 209.2M | |
Other Current Liab | 9.4M | 3.9M | 2.6M | 1.3M | 1.9M | 1.8M | |
Total Current Liabilities | 86.8M | 117.9M | 100.3M | 90.7M | 86.6M | 89.8M | |
Total Stockholder Equity | 260.1M | 212.2M | 319.6M | 287.4M | 246.1M | 240.0M | |
Other Liab | 2.1M | 2.0M | 1.6M | 1.4M | 1.3M | 2.5M | |
Net Tangible Assets | 250.8M | 210.9M | 319.4M | 287.3M | 258.5M | 238.4M | |
Property Plant And Equipment Net | 368.6M | 524.4M | 469.9M | 433.6M | 338.4M | 396.8M | |
Current Deferred Revenue | 4.1M | 5.1M | 8.4M | 4.4M | 3.0M | 2.8M | |
Net Debt | 190.8M | 288.4M | 171.8M | 172.9M | 116.7M | 146.2M | |
Retained Earnings | (42.4M) | (85.4M) | 23.0M | (8.5M) | (32.2M) | (33.8M) | |
Accounts Payable | 28.3M | 27.4M | 33.9M | 29.6M | 30.7M | 24.9M | |
Cash | 32.4M | 41.3M | 107.1M | 52.2M | 59.3M | 63.0M | |
Non Current Assets Total | 435.7M | 539.5M | 483.7M | 444.0M | 362.8M | 461.2M | |
Non Currrent Assets Other | 12.2M | 9.3M | 7.6M | 5.2M | 1.9M | 1.8M | |
Other Assets | 13.5M | 13.6M | 13.5M | 10.2M | 9.2M | 14.2M | |
Long Term Debt | 144.5M | 225.0M | 217.6M | 165.6M | 123.6M | 132.0M | |
Cash And Short Term Investments | 32.4M | 41.3M | 107.1M | 52.2M | 59.3M | 63.0M | |
Net Receivables | 38.9M | 28.4M | 35.1M | 37.7M | 12.5M | 11.8M | |
Good Will | 7.4M | 944K | 960K | 0.0 | 7.9M | 5.0M | |
Common Stock Shares Outstanding | 19.0M | 19.0M | 20.0M | 18.9M | 19.5M | 21.1M | |
Short Term Investments | 123K | 337K | 809K | 269K | 2.0M | 2.1M | |
Liabilities And Stockholders Equity | 527.2M | 622.1M | 645.2M | 549.2M | 460.9M | 438.1M | |
Non Current Liabilities Total | 180.3M | 250.2M | 225.2M | 171.1M | 128.1M | 143.8M | |
Inventory | 12.2M | 8.7M | 13.9M | 15.3M | 10.8M | 12.3M | |
Other Current Assets | 8.0M | 4.3M | 5.4M | 51K | 15.5M | 8.5M | |
Other Stockholder Equity | 251.9M | 243.5M | (24.1M) | 287.4M | (24.5M) | (23.3M) | |
Total Liab | 267.1M | 368.1M | 325.5M | 261.8M | 214.8M | 267.2M | |
Long Term Investments | 52.5M | 3.3M | 3.7M | 3.7M | 3.6M | 3.4M | |
Property Plant And Equipment Gross | 360.4M | 524.4M | 469.9M | 433.6M | 564.2M | 423.4M | |
Short Long Term Debt | 20.7M | 53.4M | 28.0M | 33.3M | 18.6M | 17.6M | |
Total Current Assets | 91.5M | 82.6M | 161.5M | 105.2M | 98.1M | 102.6M | |
Accumulated Other Comprehensive Income | (18.2M) | (23.1M) | (24.1M) | (24.7M) | (11.9M) | (12.5M) | |
Short Term Debt | 45.0M | 81.5M | 55.4M | 55.4M | 51.0M | 50.1M | |
Intangible Assets | 177K | 405K | 227K | 186K | 4.9M | 5.2M | |
Property Plant Equipment | 360.4M | 524.4M | 469.9M | 433.6M | 498.6M | 398.7M | |
Net Invested Capital | 417.2M | 490.7M | 565.3M | 486.4M | 388.3M | 500.9M | |
Net Working Capital | 4.7M | (35.3M) | 61.1M | 14.5M | 11.5M | 16.8M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Grindrod Stock
When determining whether Grindrod Shipping offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grindrod Shipping's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grindrod Shipping Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grindrod Shipping Holdings Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindrod Shipping Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Marine Transportation space 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.
Please note, there is a significant difference between Grindrod Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grindrod Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindrod Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.