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. See defensive interval ratio of Grom Social Enterprises Inc to measure how many days the company can operate on defensive assets alone.
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. Explore GROM cash flow conversion to assess how effectively this company generates cash.
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 | — |