Grindrod

Grindrod Interest Coverage

The Interest Coverage Ratio of Grindrod (GND.JO) as of Oct 6, 2026 is 0.82. In the previous year, Interest Coverage Ratio was 1.63 — a change of -49.73% (lower).

Interest Coverage

0.82

YoY

-49.73%

Last updated:

Interest Coverage Ratio of Grindrod is 2026 0.82 . Interest Coverage Ratio of Grindrod was 2025 1.63 . It decreases by -49.73% lower compared to the previous year.

The Grindrod Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
0.73 ZAR
Jan 1, 2018
1.43 ZAR
Jan 1, 2019
1.77 ZAR
Jan 1, 2020
-2.05 ZAR
Jan 1, 2021
4.01 ZAR
Jan 1, 2022
0.93 ZAR
Jan 1, 2023
1.63 ZAR
Jan 1, 2024
0.82 ZAR
The Grindrod Interest Coverage history
YEARInterest CoverageYoY
0.82-49.73%
1.63+76.52%
0.93-76.94%
4.01-295.55%
-2.05-215.78%
1.77+23.70%
1.43+96.90%
0.73-171.57%
-1.02-157.67%
1.76+173.23%
0.65—
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Grindrod Stock analysis

What does Grindrod do? Grindrod Ltd is a South African company that was founded in 1910 by William Grindrod. Originally operating as a shipping company, the company has grown over the years to become a leading logistics and service provider. Today, Grindrod is a diversified conglomerate with business activities in shipping, logistics, finance, and capital investments. Grindrod is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Grindrod stock

Interest Coverage Ratio of Grindrod is 0.82 in 2026.

Interest Coverage Ratio of Grindrod changed from 1.63 to 0.82, representing a -49.73% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Grindrod since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Grindrod with sector peers and the industry average to assess whether it is attractive.

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Leverage — Grindrod

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