Grom Social Enterprises Inc (GROM) - 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. Also see GROM market cap overview for the company's overall valuation and market capitalisation.
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.
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. See how well can Grom Social Enterprises Inc service its debt to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lipella Pharmaceuticals Inc. Common Stock
NASDAQ:LIPO
|
-1584.949x |
|
LD + HOUSES PCL FGN BA 1
F:LHOG
|
0.073x |
|
Effector Therapeutics Inc
NASDAQ:EFTR
|
-8.800x |
|
Internet Thailand Public Company Limited
F:IE2A
|
0.148x |
|
Soosung Innovation Co. Ltd.
KQ:084180
|
0.036x |
|
DIH Holdings US, Inc. Class A Common Stock
NASDAQ:DHAI
|
0.089x |
|
Data Storage Corporation
NASDAQ:DTSTW
|
0.004x |
|
AmpliTech Group Inc
NASDAQ:AMPGW
|
-0.028x |
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. View Grom Social Enterprises Inc stock price for real-time trading data and today's change.
| 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