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Grindrod Shipping Holdings

Nasdaq:GRIN
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GRIN
Nasdaq
$130M
Market Cap
  1. Home
  2. US
  3. Transportation
Company description

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers. The last earnings update was 83 days ago. More info.


Add to Portfolio Compare Print
  • Grindrod Shipping Holdings has significant price volatility in the past 3 months.
GRIN Share Price and Events
7 Day Returns
-7.4%
NasdaqGS:GRIN
-1%
US Shipping
0.7%
US Market
1 Year Returns
2.9%
NasdaqGS:GRIN
3.5%
US Shipping
13.7%
US Market
GRIN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Grindrod Shipping Holdings (GRIN) -7.4% 23.5% 17.1% 2.9% - -
US Shipping -1% -0.9% 8.3% 3.5% 6.7% -60.4%
US Market 0.7% 4.7% 6.1% 13.7% 39.2% 44.5%
1 Year Return vs Industry and Market
  • GRIN matched the Shipping industry (3.5%) over the past year.
  • GRIN underperformed the Market in United States of America which returned 13.7% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

GRIN Value

 Is Grindrod Shipping Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Grindrod Shipping Holdings. This is due to cash flow or dividend data being unavailable. The share price is $6.7933.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Grindrod Shipping Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Grindrod Shipping Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:GRIN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-1.37
NasdaqGS:GRIN Share Price ** NasdaqGS (2019-11-18) in USD $6.79
United States of America Shipping Industry PE Ratio Median Figure of 10 Publicly-Listed Shipping Companies 17.87x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Grindrod Shipping Holdings.

NasdaqGS:GRIN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:GRIN Share Price ÷ EPS (both in USD)

= 6.79 ÷ -1.37

-4.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grindrod Shipping Holdings is loss making, we can't compare its value to the US Shipping industry average.
  • Grindrod Shipping Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Grindrod Shipping Holdings's expected growth come at a high price?
Raw Data
NasdaqGS:GRIN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United States of America Shipping Industry PEG Ratio Median Figure of 9 Publicly-Listed Shipping Companies 0.33x
United States of America Market PEG Ratio Median Figure of 2,038 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Grindrod Shipping Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Grindrod Shipping Holdings's assets?
Raw Data
NasdaqGS:GRIN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $14.52
NasdaqGS:GRIN Share Price * NasdaqGS (2019-11-18) in USD $6.79
United States of America Shipping Industry PB Ratio Median Figure of 23 Publicly-Listed Shipping Companies 0.53x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.76x
NasdaqGS:GRIN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:GRIN Share Price ÷ Book Value per Share (both in USD)

= 6.79 ÷ 14.52

0.47x

* Primary Listing of Grindrod Shipping Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grindrod Shipping Holdings is good value based on assets compared to the US Shipping industry average.
X
Value checks
We assess Grindrod Shipping Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Shipping industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Shipping industry average (and greater than 0)? (1 check)
  5. Grindrod Shipping Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GRIN Future Performance

 How is Grindrod Shipping Holdings expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Grindrod Shipping Holdings expected to grow at an attractive rate?
  • Unable to compare Grindrod Shipping Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Grindrod Shipping Holdings's earnings growth to the United States of America market average as no estimate data is available.
  • Grindrod Shipping Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:GRIN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:GRIN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 7.1%
United States of America Shipping Industry Earnings Growth Rate Market Cap Weighted Average 31.3%
United States of America Shipping Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:GRIN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:GRIN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 429 81 1
2021-12-31 389 32 2
2020-12-31 369 26 2
2019-12-31 340 5 2
2019-11-19
NasdaqGS:GRIN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 335 -24 -26
2019-03-31 327 -30 -23
2018-12-31 319 -37 -21
2018-09-30 343 -37 -44
2018-06-30 366 -37 -67
2018-03-31 388 -17 -64
2017-12-31 410 3 -61
2016-12-31 372 -21 -44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Grindrod Shipping Holdings is high growth as no earnings estimate data is available.
  • Grindrod Shipping Holdings's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:GRIN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Grindrod Shipping Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:GRIN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-11-19
NasdaqGS:GRIN Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -1.37
2019-03-31 -1.23
2018-12-31 -1.08
2018-09-30 -2.31
2018-06-30 -3.53
2018-03-31 -3.36
2017-12-31 -3.19
2016-12-31 -2.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Grindrod Shipping Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Grindrod Shipping Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Grindrod Shipping Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GRIN Past Performance

  How has Grindrod Shipping Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Grindrod Shipping Holdings's growth in the last year to its industry (Shipping).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Grindrod Shipping Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Grindrod Shipping Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Grindrod Shipping Holdings's 1-year growth to the US Shipping industry average as it is not currently profitable.
Earnings and Revenue History
Grindrod Shipping Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Grindrod Shipping Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:GRIN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 335.40 -26.14 27.62
2019-03-31 327.21 -23.39 29.61
2018-12-31 319.02 -20.64 31.60
2018-09-30 342.66 -43.98 34.11
2018-06-30 366.31 -67.31 36.63
2018-03-31 387.92 -64.06 34.75
2017-12-31 409.52 -60.81 32.87
2016-12-31 371.53 -43.71 30.14
2015-12-31 434.44 -90.35 27.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Grindrod Shipping Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Grindrod Shipping Holdings has efficiently used its assets last year compared to the US Shipping industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Grindrod Shipping Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Grindrod Shipping Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Shipping industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Grindrod Shipping Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GRIN Health

 How is Grindrod Shipping Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Grindrod Shipping Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Grindrod Shipping Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Grindrod Shipping Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Grindrod Shipping Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Grindrod Shipping Holdings Company Filings, last reported 4 months ago.

NasdaqGS:GRIN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 276.74 132.46 37.86
2019-03-31 276.74 132.46 37.86
2018-12-31 292.50 114.46 35.97
2018-09-30 292.50 114.46 35.97
2018-06-30 302.40 127.26 54.12
2018-03-31 302.40 127.26 54.12
2017-12-31 319.74 112.78 46.52
2016-12-31 363.10 149.80 68.00
2015-12-31 399.08 102.00 75.78
  • Grindrod Shipping Holdings's level of debt (47.9%) compared to net worth is high (greater than 40%).
  • Unable to establish if Grindrod Shipping Holdings's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Grindrod Shipping Holdings has sufficient cash runway for 1.6 years based on current free cash flow.
  • Grindrod Shipping Holdings has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 28.1% each year.
X
Financial health checks
We assess Grindrod Shipping Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Grindrod Shipping Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GRIN Dividends

 What is Grindrod Shipping Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Grindrod Shipping Holdings dividends.
If you bought $2,000 of Grindrod Shipping Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Grindrod Shipping Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Grindrod Shipping Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:GRIN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Shipping Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1956 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:GRIN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-11-19

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Grindrod Shipping Holdings has not reported any payouts.
  • Unable to verify if Grindrod Shipping Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Grindrod Shipping Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Grindrod Shipping Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Grindrod Shipping Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Grindrod Shipping Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Grindrod Shipping Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GRIN Management

 What is the CEO of Grindrod Shipping Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Martyn Richard Wade
AGE 59
CEO Bio

Mr. Martyn Richard Wade is the Chief Executive Officer and Director at Grindrod Shipping Holdings Ltd. He has served as a member of board of directors at Grindrod Ltd. since November 15, 2017. Mr. Wade served on the Grindrod Limited board from November 2011 until November 1, 2017. Mr. Wade continues as the Chief Executive Officer of GSPL, a role he has been in since July 2011. Mr. Wade is currently a director of the UK Freight Demurrage & Defense Association (UK) and a member of the advisory panel to the Singapore Maritime Foundation. Mr. Wade has 41 years international shipping experience and has worked for vessel owners, operators and shipbrokers in London, Johannesburg, New York and now Singapore. Mr. Wade has worked for Van Ommeren UK, Simpson Spence and Young Johannesburg, Clipper Bulk USA and HSBC Shipping Services London. He is a member of the Baltic Exchange having been first elected in 1979. He was appointed to the executive committee at Grindrod Ltd. in 2009 and is a Director of major international subsidiary companies.

CEO Compensation
  • Insufficient data for Martyn Richard to compare compensation growth.
  • Insufficient data for Martyn Richard to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Martyn Richard Wade

TITLE
CEO & Director
AGE
59

Stephen Griffiths

TITLE
CFO & Director
AGE
58
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Grindrod Shipping Holdings board of directors in years:

2
Average Tenure
59
Average Age
  • The average tenure for the Grindrod Shipping Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Cato Brahde

TITLE
Chairman of the Board
AGE
64
TENURE
2 yrs

Martyn Richard Wade

TITLE
CEO & Director
AGE
59

Stephen Griffiths

TITLE
CFO & Director
AGE
58
TENURE
2 yrs

John Herholdt

TITLE
Independent Director
AGE
70
TENURE
2 yrs

Ban Huat Quah

TITLE
Independent Director
AGE
52
TENURE
2 yrs

Pieter Uys

TITLE
Director
AGE
56
TENURE
1.4 yrs

Mike Hankinson

TITLE
Independent Director
AGE
70
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Grindrod Shipping Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Grindrod Shipping Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GRIN News

Simply Wall St News

Would Grindrod Shipping Holdings (NASDAQ:GRIN) Might Be Better Off With Less Debt

NasdaqGS:GRIN Historical Debt, August 6th 2019 How Healthy Is Grindrod Shipping Holdings's Balance Sheet? … Zooming in on the latest balance sheet data, we can see that Grindrod Shipping Holdings had liabilities of US$56.7m due within 12 months and liabilities of US$98.5m due beyond that. … But ultimately the future profitability of the business will decide if Grindrod Shipping Holdings can strengthen its balance sheet over time.

Simply Wall St -

Do Directors Own Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Shares?

Grindrod Shipping Holdings is a smaller company with a market capitalization of US$92m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Grindrod Shipping Holdings NasdaqGS:GRIN Ownership Summary, July 2nd 2019 What Does The Institutional Ownership Tell Us About Grindrod Shipping Holdings? … Insider Ownership Of Grindrod Shipping Holdings While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

Can We See Significant Institutional Ownership On The Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Share Register?

The big shareholder groups in Grindrod Shipping Holdings Ltd. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Grindrod Shipping Holdings is a smaller company with a market capitalization of US$103m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

GRIN Company Info

Description

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers. The company operates in two businesses, Drybulk Carriers and Tankers. It operates a fleet of 24 owned dry bulk carriers and 6 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of 8 owned tankers and 2 long-term chartered-in tankers, which carry petroleum products, petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. Grindrod Shipping Holdings Ltd. was incorporated in 2017 and is based in Singapore.

Details
Name: Grindrod Shipping Holdings Ltd.
GRIN
Exchange: NasdaqGS
Founded: 2017
$129,506,336
19,063,833
Website: http://www.grinshipping.com
Address: Grindrod Shipping Holdings Ltd.
No. 03-01 Southpoint,
200 Cantonment Road,
Singapore,
089763,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS GRIN Common Shares Nasdaq Global Select US USD 18. Jun 2018
JSE GSH Common Shares The Johannesburg Securities Exchange ZA ZAR 18. Jun 2018
Number of employees
Current staff
Staff numbers
759
Grindrod Shipping Holdings employees.
Industry
Marine
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 00:57
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/10/15
Last earnings filing: 2019/08/28
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.