What is the equity of Grindrod Shipping Holdings this year?
Grindrod Shipping Holdings has equity of 246.12 M USD this year.
In 2024, Grindrod Shipping Holdings's equity was 246.12 M USD, a -14.36% increase from the 287.4 M USD equity in the previous year.
Grindrod Shipping Holdings's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Grindrod Shipping Holdings's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Grindrod Shipping Holdings's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Grindrod Shipping Holdings's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Grindrod Shipping Holdings’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Grindrod Shipping Holdings has equity of 246.12 M USD this year.
The equity of Grindrod Shipping Holdings has increased/decreased by -14.36% decreased compared to the previous year.
A high equity is advantageous for investors of Grindrod Shipping Holdings as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Grindrod Shipping Holdings, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Grindrod Shipping Holdings can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Grindrod Shipping Holdings can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Grindrod Shipping Holdings include profits, dividend payments, capital increases, and acquisitions.
The equity of Grindrod Shipping Holdings is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Grindrod Shipping Holdings can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Grindrod Shipping Holdings paid a dividend of 3.36 USD . This corresponds to a dividend yield of about 23.72 %. For the coming 12 months, Grindrod Shipping Holdings is expected to pay a dividend of 3.48 USD.
The current dividend yield of Grindrod Shipping Holdings is 23.72 %.
Grindrod Shipping Holdings pays a quarterly dividend. This is distributed in the months of December, April, July, November.
Grindrod Shipping Holdings paid dividends every year for the past 5 years.
For the upcoming 12 months, dividends amounting to 3.48 USD are expected. This corresponds to a dividend yield of 24.59 %.
Grindrod Shipping Holdings is assigned to the 'Industry' sector.
To receive the latest dividend of Grindrod Shipping Holdings from 12/11/2023 amounting to 1.648 USD, you needed to have the stock in your portfolio before the ex-date on 10/19/2023.
The last dividend was paid out on 12/11/2023.
In the year 2023, Grindrod Shipping Holdings distributed 7.03 USD as dividends.
The dividends of Grindrod Shipping Holdings are distributed in USD.
Our stock analysis for Grindrod Shipping Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grindrod Shipping Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.