Current Liabilities decreased faster than Grindrod Shipping Holdings Ltd 's Cash & cash equivalent, this led to improvement in Grindrod Shipping Holdings Ltd 's Quick Ratio to 1.32, above Grindrod Shipping Holdings Ltd average Quick Ratio.

Within Marine Transportation industry 16 other companies have achieved higher Quick Ratio than Grindrod Shipping Holdings Ltd in second quarter 2026. While Quick Ratio total ranking in the second quarter 2026 has deteriorated compared to the prior quarter from 5034 to 5475.

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GRIN Quick Ratio	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q2	(Dec 31 2024) Q1	(Dec 31 2023) Q4
Y / Y Current Liabilities Change	-93.53 %	-88.25 %	-80.07 %	-86.21 %	2432.18 %
Y / Y Cash & cash equivalent Change	66.81 %	52.79 %	10332.88 %	8707.27 %	336.91 %
Quick Ratio MRQ	1.32	0.92	0.46	0.56	0.05
GRIN's Total Ranking	# 5475	# 5034	# 6171	# 6265	#
Seq. Current Liabilities Change	-41.35 %	-39.95 %	44.5 %	-87.29 %	6.47 %
Seq. Cash & cash equivalent Change	-15.83 %	20.48 %	18.46 %	38.86 %	-22.9 %

Quick Ratio second quarter 2026 Company Ranking
Within:	No.
Marine Transportation Industry	# 17
Transportation Sector	# 22
Overall Market	# 2177

Quick Ratio Statistics
High	Average	Low
1.41	0.23	0
0		0

Financial Statements
Grindrod Shipping Holdings Ltd 's Current Liabilities	$ 9 Millions	Visit GRIN's Balance sheet
Grindrod Shipping Holdings Ltd 's Cash & cash equivalent	$ 12 Millions	Visit GRIN's Balance sheet
Source of GRIN's Sales		Visit GRIN's Sales by Geography

Cumulative Grindrod Shipping Holdings Ltd 's Quick Ratio

GRIN's Quick Ratio for the trailling 12 Months

GRIN Quick Ratio	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Dec 31 2024) 12 Months	(Dec 31 2023) 12 Months
Y / Y Current Liabilities TTM Growth	-87.16 %	-49.64 %	-40.57 %	-34.02 %	-28.07 %
Y / Y Cash & cash equivalent TTM Growth	187.01 %	286.22 %	-65.25 %	-76.1 %	-85.1 %
Quick Ratio TTM	0.71	0.22	0.12	0.06	0.03
Total Ranking TTM	# 4395	# 4217	#	#	#
Seq. Current Liabilities TTM Growth	-65.81 %	-36.84 %	-24.7 %	-21.01 %	34.03 %
Seq. Cash & cash equivalent TTM Growth	11.11 %	12.85 %	44.01 %	58.95 %	49.51 %

Quick ratio ranking by company, industry and sector >> Back to GRIN Financial Strength Comparisons >> Go to Compare GRIN Quick Ratio to its Competitors

On the trailing twelve months basis GRIN Cash & cash equivalent soared by 66.81 % in Q2 2026 year on year, while Current Liabilities plummeted to $9 millions, this led to increase in in Grindrod Shipping Holdings Ltd 's Quick Ratio to 0.71, above GRIN average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 47 other companies have achieved higher Quick Ratio than Grindrod Shipping Holdings Ltd . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 4217 to 4395.

Explain Quick Ratio?
How much Cash & cash equivalents GRIN�s has?
What are GRIN�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Marine Transportation Industry	# 48
Transportation Sector	# 107
Within the Market	# 4395

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.99	0.54	0.02
(Dec 31 2025)		(Dec 31 2019)

Companies with similar Quick Ratio in the quarter ending Jun 30 2026, within Marine Transportation Industry	Quick Ratio	Jun 30 2026 MRQ Cash & cash equivalent	Jun 30 2026 MRQ Current Liabilities
Dorian Lpg Ltd	1.98	$ 342.141 Millions	$ 172.924 Millions
Genco Shipping and Trading Limited	1.60	$ 73.587 Millions	$ 45.893 Millions
Grindrod Shipping Holdings Ltd	1.32	$ 11.533 Millions	$ 8.709 Millions
Brink s Co	1.03	$ 2,147.900 Millions	$ 2,078.200 Millions
Pangaea Logistics Solutions Ltd	0.87	$ 168.031 Millions	$ 192.184 Millions
Seacor Marine Holdings Inc	0.78	$ 55.397 Millions	$ 70.768 Millions
Expeditors International Of Washington Inc	0.40	$ 1,031.448 Millions	$ 2,559.438 Millions
Forward Air Corporation	0.32	$ 139.448 Millions	$ 441.571 Millions

Date modified: 2026-09-08T17:58:29+00:00

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