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. See GROM days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Invesque Inc
TO:IVQ
|
-0.006x |
|
Effector Therapeutics Inc
NASDAQ:EFTR
|
-8.800x |
|
Carzo Holdings Bhd
KLSE:03048
|
-0.011x |
|
Harrison Global Holdings Inc.
NASDAQ:BLMZF
|
-0.086x |
|
Bank Cimb Niaga Tbk
JK:BNGA
|
0.065x |
|
DIH Holdings US, Inc. Class A Common Stock
NASDAQ:DHAI
|
0.089x |
|
China New Higher Education Group Limited
STU:8CN
|
0.002x |
|
Data Storage Corporation
NASDAQ:DTSTW
|
0.004x |
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