Grom Social Enterprises Inc Defensive Interval Ratio
Grom Social Enterprises Inc defensive interval ratio. Grom Social Enterprises Inc (GROM) has a Defensive Interval Ratio of 90 days as of March 2024. Defensive assets of $820.75K (cash $-, short-term investments $-, receivables $820.75K) cover 90 days of daily cash needs of $9.16K/day. See GROM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Grom Social Enterprises Inc (2015–2023)
Defensive interval ratio of Grom Social Enterprises Inc from 2015 to 2023. This chart shows how Grom Social Enterprises Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of March 2024, the ratio stands at 90 days, meaning defensive assets of $820.75K can fund 90 days of operations without new revenue. Read how much debt does Grom Social Enterprises Inc carry for a breakdown of total debt and financial obligations.
Grom Social Enterprises Inc Defensive Interval Ratio by Year (2015–2023)
Grom Social Enterprises Inc defensive interval ratio by year from 2015 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Grom Social Enterprises Inc from 2015 to 2023, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see total assets of Grom Social Enterprises Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 68 days | $826.07K | $12.11K/day | $- | $- | ▼ -74 days |
| 2022 | 142 days | $1.16 Million | $8.19K/day | $- | $- | ▲ +68 days |
| 2021 | 74 days | $968.58K | $13.03K/day | $- | $- | ▲ +44 days |
| 2020 | 31 days | $587.93K | $19.12K/day | $- | $- | ▲ +8 days |
| 2019 | 23 days | $545.66K | $23.89K/day | $- | $- | ▼ -23 days |
| 2018 | 46 days | $1.12 Million | $24.56K/day | $- | $- | ▲ +18 days |
| 2017 | 28 days | $445.39K | $16.05K/day | $- | $- | ▼ -377 days |
| 2016 | 405 days | $550.14K | $1.36K/day | $- | $- | ▲ +203 days |
| 2015 | 201 days | $50.33K | $249.87/day | $- | $- | — |