Grom Social Enterprises Inc (GROM) — Net Asset Quality Index
Grom Social Enterprises Inc (GROM) has a Net Asset Quality Index of 77.2% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $18.90 Million minus total liabilities of $4.31 Million yields net assets of $14.59 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore balance sheet size of Grom Social Enterprises Inc for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Grom Social Enterprises Inc Net Asset Quality Index Over Time (2015–2023)
This chart shows how Grom Social Enterprises Inc's Net Asset Quality Index has evolved across 9 annual periods from 2015 to 2023. As of March 2024, the index stands at 77.2%, representing net assets of $14.59 Million against total assets of $18.90 Million USD. See GROM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Grom Social Enterprises Inc (2015–2023)
The table below presents the year-by-year Net Asset Quality Index for Grom Social Enterprises Inc from 2015 to 2023, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Grom Social Enterprises Inc market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 67.9% | $12.32 Million | $18.13 Million | $5.82 Million | ▼ -14.6 pp |
| 2022 | 82.6% | $20.35 Million | $24.64 Million | $4.30 Million | ▲ +13.6 pp |
| 2021 | 69.0% | $26.12 Million | $37.85 Million | $11.73 Million | ▲ +19.2 pp |
| 2020 | 49.8% | $8.60 Million | $17.27 Million | $8.67 Million | ▲ +5.0 pp |
| 2019 | 44.8% | $8.18 Million | $18.26 Million | $10.08 Million | ▲ +8.7 pp |
| 2018 | 36.1% | $6.78 Million | $18.81 Million | $12.03 Million | ▼ -1.2 pp |
| 2017 | 37.3% | $7.10 Million | $19.05 Million | $11.94 Million | ▲ +336.8 pp |
| 2016 | -299.5% | $-372.09K | $124.24K | $496.33K | ▼ -343.8 pp |
| 2015 | 44.3% | $72.65K | $163.85K | $91.20K | — |