Grom Social Enterprises Inc (GROM) - Net Assets
Based on the latest financial reports, Grom Social Enterprises Inc (GROM) has net assets worth $14.59 Million USD as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.90 Million) and total liabilities ($4.31 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Grom Social Enterprises Inc debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.59 Million |
| % of Total Assets | 77.2% |
| Annual Growth Rate | 89.96% |
| 5-Year Change | 50.63% |
| 10-Year Change | N/A |
| Growth Volatility | 236.05 |
Grom Social Enterprises Inc - Net Assets Trend (2015–2023)
This chart illustrates how Grom Social Enterprises Inc's net assets have evolved over time, based on quarterly financial data. Also explore GROM total assets for the complete picture of this company's asset base.
Annual Net Assets for Grom Social Enterprises Inc (2015–2023)
The table below shows the annual net assets of Grom Social Enterprises Inc from 2015 to 2023. For live valuation and market cap data, see Grom Social Enterprises Inc (GROM) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $12.32 Million | -39.47% |
| 2022-12-31 | $20.35 Million | -22.10% |
| 2021-12-31 | $26.12 Million | +203.82% |
| 2020-12-31 | $8.60 Million | +5.14% |
| 2019-12-31 | $8.18 Million | +20.56% |
| 2018-12-31 | $6.78 Million | -4.54% |
| 2017-12-31 | $7.10 Million | +2009.45% |
| 2016-12-31 | $-372.09K | -612.17% |
| 2015-12-31 | $72.65K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grom Social Enterprises Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9452598400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.97K | 0.02% |
| Other Comprehensive Income | $-159.60K | -1.40% |
| Other Components | $108.32 Million | 948.44% |
| Total Equity | $11.42 Million | 100.00% |
Grom Social Enterprises Inc Competitors by Market Cap
The table below lists competitors of Grom Social Enterprises Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China New Higher Education Group Limited
STU:8CN
|
$906.16 |
|
Invesque Inc
TO:IVQ
|
$912.88 |
|
Green & Gold Minerals Ltd
AU:GG1
|
$913.09 |
|
Carzo Holdings Bhd
KLSE:03048
|
$915.65 |
|
Bank Cimb Niaga Tbk
JK:BNGA
|
$900.27 |
|
AmpliTech Group Inc
NASDAQ:AMPGW
|
$751.88 |
|
Vast Resources PLC
LSE:VAST
|
$729.67 |
|
Ordinary Fully Paid Deferred Settlement
AU:BPPDD
|
$718.57 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grom Social Enterprises Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 18,099,611 to 11,420,907, a change of -6,678,704 (-36.9%).
- Net loss of 12,527,429 reduced equity.
- Dividend payments of 742,545 reduced retained earnings.
- Share repurchases of 40 reduced equity.
- New share issuances of 9,269,660 increased equity.
- Other comprehensive income increased equity by 6,526.
- Other factors decreased equity by 2,684,876.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.53 Million | -109.69% |
| Dividends Paid | $742.54K | -6.5% |
| Share Repurchases | $40.00 | -0.0% |
| Share Issuances | $9.27 Million | +81.16% |
| Other Comprehensive Income | $6.53K | +0.06% |
| Other Changes | $-2.68 Million | -23.51% |
| Total Change | $- | -36.90% |
Book Value vs Market Value Analysis
This analysis compares Grom Social Enterprises Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $136.82 | $0.00 | x |
| 2016-12-31 | $-78.04 | $0.00 | x |
| 2017-12-31 | $1244.94 | $0.00 | x |
| 2018-12-31 | $1016.85 | $0.00 | x |
| 2019-12-31 | $34073.66 | $0.00 | x |
| 2020-12-31 | $29315.93 | $0.00 | x |
| 2021-12-31 | $1559.45 | $0.00 | x |
| 2022-12-31 | $491.49 | $0.00 | x |
| 2023-12-31 | $13.37 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grom Social Enterprises Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -109.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -310.01%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.59x
- Recent ROE (-109.69%) is above the historical average (-241.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1651.61% | -580.41% | 1.26x | 2.26x | $-1.21 Million |
| 2016 | 0.00% | -88.65% | 5.91x | 0.00x | $-614.03K |
| 2017 | -85.09% | -78.59% | 0.40x | 2.68x | $-6.76 Million |
| 2018 | -71.91% | -56.42% | 0.46x | 2.77x | $-5.56 Million |
| 2019 | -56.15% | -55.34% | 0.45x | 2.23x | $-5.41 Million |
| 2020 | -66.80% | -93.24% | 0.36x | 2.01x | $-6.60 Million |
| 2021 | -43.32% | -161.22% | 0.17x | 1.62x | $-12.50 Million |
| 2022 | -90.24% | -300.98% | 0.22x | 1.36x | $-18.14 Million |
| 2023 | -109.69% | -310.01% | 0.22x | 1.59x | $-13.67 Million |
Industry Comparison
This section compares Grom Social Enterprises Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $20,452,752,506
- Average return on equity (ROE) among peers: -43.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grom Social Enterprises Inc (GROM) | $14.59 Million | -1651.61% | 0.30x | $902.16 |
| Calibre (ALWIN) | $16.63 Million | -38.27% | 2.23x | $11.23 Million |
| ANGI Homeservices Inc (ANGI) | $-18.49 Million | 0.00% | 0.00x | $306.40 Million |
| Arena Group Holdings Inc (AREN) | $-58.99 Million | 0.00% | 0.00x | $123.41 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.20 Billion |
| Baidu Inc (BIDU) | $175.75 Billion | 15.69% | 0.69x | $35.02 Billion |
| Bilibili Inc (BILI) | $7.64 Billion | -16.88% | 1.03x | $7.20 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $540.03 Million |
| The Beachbody Company, Inc. (BODI) | $28.17 Million | -254.32% | 5.20x | $62.80 Million |
| Kanzhun Ltd ADR (BZ) | $10.67 Billion | -10.03% | 0.28x | $5.37 Billion |
| BuzzFeed Inc (BZFD) | $194.55 Million | -103.29% | 1.72x | $28.12 Million |
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