Grab Holdings Ltd balance sheet

At the end of fiscal 2025, Grab Holdings Ltd had total assets of $11.98bn, total liabilities of $5.23bn and shareholders' equity of $6.73bn. It held $3.43bn in cash against $2.05bn of debt: net cash of $1.38bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Grab Holdings Ltd: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	—	2.2	5.0	2.0	3.1	3.0	3.4
Receivables	—	0.2	0.3	0.2	0.2	0.2	0.2
Inventory	—	0.0	0.0	0.0	0.0	0.1	0.1
Total current assets	—	3.8	8.7	5.7	5.8	6.6	8.1
Total assets	—	5.4	11.2	9.2	8.8	9.3	12.0
Total current liabilities	—	0.8	1.0	1.1	1.5	2.6	4.6
Short-term debt	—	0.1	0.1	0.1	0.1	0.1	1.7
Long-term debt	—	0.1	2.0	1.2	0.7	0.2	0.4
Total debt	—	0.3	2.2	1.4	0.8	0.4	2.1
Total liabilities	—	11.7	3.2	2.5	2.3	2.9	5.2
Shareholders' equity	−4.2	−6.4	7.7	6.6	6.4	6.4	6.7
Non-controlling interests and other (assets − liabilities − equity)	—	—	0.3	—	—	—	—
Net debt (negative = net cash)	—	−1.9	−2.8	−0.6	−2.3	−2.6	−1.4

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Grab Holdings Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Grab Holdings Ltd.