。
She can grasp the situation.
Literal
She [topic-は] situation [object-を] grasping [nominalizer-こと] [subject-が] is-possible.
把握する (はあくする) is a formal verb meaning 'to grasp, to comprehend, to have a firm understanding of.' It's commonly used in business and analytical contexts. The ~ことができる construction expresses ability — more formal than the potential form 把握できる.