Grindrod Shipping Holdings Ltd. (GRIN)

Grindrod Shipping Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	59.33	59.33	52.23	107.12	41.26	35.55
Short-Term Investments	2.03	2.03	0.27	0.81	-	-
Cash & Short-Term Investments	61.37	61.37	52.5	107.93	41.26	35.55
Cash Growth	16.89%	16.89%	-51.36%	161.57%	16.05%	-1.17%
Accounts Receivable	9.61	9.61	12.6	12.66	8.83	17.83
Other Receivables	2.85	2.85	3.69	3.88	18.74	17.3
Receivables	12.46	12.46	16.29	17.16	28.37	38.86
Inventory	10.76	10.76	15.28	13.91	8.7	12.24
Prepaid Expenses	4.41	4.41	4.03	2.05	-	-
Other Current Assets	9.08	9.08	17.14	20.45	4.28	4.85
Total Current Assets	98.08	98.08	105.23	161.49	82.61	91.5
Property, Plant & Equipment	338.44	338.44	433.59	469.95	524.37	360.44
Long-Term Investments	0.01	0.01	0.01	0.01	0.17	52.48
Goodwill	7.92	7.92	-	-	0.96	0.94
Other Intangible Assets	4.91	4.91	0.19	0.23	0.41	0.18
Long-Term Deferred Tax Assets	1.02	1.02	1.3	2.12	1.14	1.3
Other Long-Term Assets	10.51	10.51	8.92	11.37	12.45	9.61
Total Assets	460.88	460.88	549.23	645.17	622.1	519.07
Accounts Payable	30.7	30.7	29.6	33.87	27.36	28.33
Accrued Expenses	0.13	0.13	0.13	0.12	-	-
Current Portion of Long-Term Debt	18.58	18.58	33.33	28.02	53.39	20.7
Current Portion of Leases	32.43	32.43	22.06	27.38	28.12	24.3
Current Income Taxes Payable	0.43	0.43	0.42	0.79	3.35	3.1
Current Unearned Revenue	2.99	2.99	4.37	8.44	5.09	4.08
Other Current Liabilities	1.38	1.38	0.77	1.72	0.59	6.29
Total Current Liabilities	86.62	86.62	90.68	100.34	117.9	86.79
Long-Term Debt	123.64	123.64	165.64	217.65	225.04	144.55
Long-Term Leases	1.37	1.37	4.06	5.9	23.12	33.65
Long-Term Deferred Tax Liabilities	0.76	0.76	-	-	-	-
Other Long-Term Liabilities	1.17	1.17	0.14	0.16	0.2	0.22
Total Liabilities	214.76	214.76	261.78	325.53	368.08	267.13
Common Stock	290.19	290.19	320.68	320.68	320.68	320.68
Retained Earnings	-19.57	-19.57	-8.55	23.02	-85.37	-50.57
Treasury Stock	-	-	-	-11.87	-0.39	-1.99
Comprehensive Income & Other	-24.51	-24.51	-24.69	-12.2	-22.69	-16.18
Total Common Equity	246.12	246.12	287.45	319.64	212.24	251.94
Minority Interest	-	-	-	-	41.78	-
Shareholders' Equity	246.12	246.12	287.45	319.64	254.02	251.94
Total Liabilities & Equity	460.88	460.88	549.23	645.17	622.1	519.07
Total Debt	176.02	176.02	225.08	278.94	329.68	223.19
Net Cash (Debt)	-114.66	-114.66	-172.58	-171.01	-288.42	-187.64
Net Cash Per Share	-5.87	-5.87	-9.11	-8.55	-15.21	-9.86
Filing Date Shares Outstanding	19.69	19.69	19.47	18.48	19.31	18.76
Total Common Shares Outstanding	19.69	19.69	19.47	18.48	19.01	18.76
Working Capital	11.45	11.45	14.55	61.15	-35.29	4.71
Book Value Per Share	12.50	12.50	14.76	17.29	11.17	13.43
Tangible Book Value	233.29	233.29	287.26	319.41	210.87	250.82
Tangible Book Value Per Share	11.85	11.85	14.75	17.28	11.09	13.37
Land	-	-	-	0.24	0.26	0.27
Machinery	361.11	361.11	519.76	534.51	564	423.89
Construction In Progress	17.65	17.65	0.46	0.46	0.46	0.46

Source: S&P Capital IQ. Standard template. Financial Sources.