Grom Social Enterprises Inc Cash Flow Conversion Efficiency
Grom Social Enterprises Inc cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Grom Social Enterprises Inc (2015–2023)
Cash flow conversion efficiency of Grom Social Enterprises Inc from 2015 to 2023. This chart illustrates how Grom Social Enterprises Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Grom Social Enterprises Inc stock price for real-time trading data and today's change.
Grom Social Enterprises Inc Cash Flow Conversion Ratio Explained
Grom Social Enterprises Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see GROM market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Coronado Global Resources Inc
AU:CRN
|
-0.215x |
|
Effector Therapeutics Inc
NASDAQ:EFTR
|
-8.800x |
|
Invesque Inc
TO:IVQ
|
0.011x |
|
Carzo Holdings Bhd
KLSE:03048
|
-0.011x |
|
LD + HOUSES PCL FGN BA 1
F:LHOG
|
0.073x |
|
DIH Holdings US, Inc. Class A Common Stock
NASDAQ:DHAI
|
0.089x |
|
Mazhar Zorlu Holding AS
IS:MZHLD
|
1.149x |
|
Ordinary Fully Paid Deferred Settlement
AU:BPPDD
|
0.140x |
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. Review Grom Social Enterprises Inc free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| 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 | -- |
About 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