Grindrod Shipping Holdings Ltd (GRIN)
13.79
-0.05
(-0.36%)
USD |
NASDAQ |
May 10, 16:00
13.84
+0.05
(+0.36%)
After-Hours: 20:00
Grindrod Shipping Holdings Debt to Equity Ratio: 0.5778 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | 0.5778 |
September 30, 2023 | 0.5241 |
June 30, 2023 | |
March 31, 2023 | 0.6379 |
December 31, 2022 | 0.6922 |
September 30, 2022 | 0.5237 |
June 30, 2022 | 0.5401 |
March 31, 2022 | 0.6992 |
Date | Value |
---|---|
December 31, 2021 | 0.7686 |
September 30, 2021 | 0.8726 |
June 30, 2021 | |
March 31, 2021 | |
December 31, 2020 | 1.312 |
September 30, 2020 | |
June 30, 2020 | 1.262 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5237
Minimum
Sep 2022
1.312
Maximum
Dec 2020
0.7645
Average
0.6922
Median
Dec 2022
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 460.88M |
Total Liabilities (Quarterly) | 214.76M |
Shareholders Equity (Quarterly) | 246.12M |
Current Ratio | 1.132 |
Net Debt Paydown Yield | 6.97% |