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.
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. Read GROM current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
China New Higher Education Group Limited
STU:8CN
|
0.002x |
|
Invesque Inc
TO:IVQ
|
-0.007x |
|
Green & Gold Minerals Ltd
AU:GG1
|
N/A |
|
Carzo Holdings Bhd
KLSE:03048
|
-0.011x |
|
Bank Cimb Niaga Tbk
JK:BNGA
|
-0.027x |
|
AmpliTech Group Inc
NASDAQ:AMPGW
|
-0.028x |
|
Vast Resources PLC
LSE:VAST
|
0.571x |
|
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. For the full company profile with market capitalisation and key ratios, see Grom Social Enterprises Inc stock valuation.
| 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