Grom Social Enterprises Inc
Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company in the United States and Philippines. It operates through three segments: Animation, Original Content, and Social and Technology. The company operates a social media network for children under the age of 13 years. It also produces animated films and televisions series; and provides … Read more
Grom Social Enterprises Inc (GROM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.154x
Based on the latest financial reports, Grom Social Enterprises Inc (GROM) has a cash flow conversion efficiency ratio of -0.154x as of March 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-2.25 Million) by net assets ($14.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Grom Social Enterprises Inc - Cash Flow Conversion Efficiency Trend (2015–2023)
This chart illustrates how Grom Social Enterprises Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Grom Social Enterprises Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Grom Social Enterprises Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TERNIENERGIA
MU:TI5
|
N/A |
|
Leopard Energy, Inc.
PINK:LEEN
|
0.287x |
|
MEWAH INTL
BE:MWX
|
-0.115x |
|
Pakistan Hotel Developers Ltd
KAR:PHDL
|
N/A |
|
Sprint Bioscience AB (publ)
MU:5JA1
|
-0.196x |
|
Mind Gym Ltd
LSE:MIND
|
0.214x |
|
Tavistock Investments Plc
LSE:TAVI
|
-0.096x |
|
Scoobeez Global Inc
PINK:SCBZ
|
-0.062x |
Annual Cash Flow Conversion Efficiency for Grom Social Enterprises Inc (2015–2023)
The table below shows the annual cash flow conversion efficiency of Grom Social Enterprises Inc from 2015 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $12.32 Million | $-8.87 Million | -0.720x | -110.11% |
| 2022-12-31 | $20.35 Million | $-6.98 Million | -0.343x | -13.99% |
| 2021-12-31 | $26.12 Million | $-7.86 Million | -0.301x | -111.41% |
| 2020-12-31 | $8.60 Million | $-1.22 Million | -0.142x | +31.46% |
| 2019-12-31 | $8.18 Million | $-1.70 Million | -0.208x | +24.54% |
| 2018-12-31 | $6.78 Million | $-1.87 Million | -0.275x | -38.60% |
| 2017-12-31 | $7.10 Million | $-1.41 Million | -0.198x | -129.84% |
| 2016-12-31 | $-372.09K | $-247.43K | 0.665x | +109.50% |
| 2015-12-31 | $72.65K | $-508.50K | -6.999x | -- |