Latest ebit for GRIN: $6.8M, below the Industrials sector average of $160B.
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+ FollowAs of Dec 31, 2023
Trailing 12 months ending Dec 31, 2023
The latest EBIT for GRIN is $6.8M as of December 2023. That compares with $100M in the prior-year period — down 93.5% year over year. That is below the Industrials sector average of $160B. Investors often review this figure alongside Grindrod Shipping Holdings's historical trend and sector peers before judging valuation or financial health.
Over the past year, GRIN's EBIT moved from $100M to $6.8M — a 93.5% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Grindrod Shipping Holdings's operating scale or balance-sheet position.
Against Industrials companies, GRIN currently prints $6.8M for EBIT, while the sector average sits near $160B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Grindrod Shipping Holdings's growth, margins, and balance sheet.
A EBIT figure of $6.8M for GRIN is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Industrials average is about $160B. Explore the charts below for those layers of context.
After noting GRIN's EBIT ($6.8M), review year-over-year change from $100M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.