Grom Social Enterprises Inc Tangible Net Worth Ratio
Grom Social Enterprises Inc tangible net worth ratio. Grom Social Enterprises Inc (GROM) has a Tangible Net Worth Ratio of 64.7% as of March 2024. This metric is calculated by deducting intangible assets ($5.15 Million) from net assets ($14.59 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is Grom Social Enterprises Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Grom Social Enterprises Inc (2015–2023)
Tangible net worth ratio of Grom Social Enterprises Inc from 2015 to 2023. This chart shows how Grom Social Enterprises Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2015 to 2023. As of March 2024, the ratio stands at 64.7%, reflecting net assets of $14.59 Million with intangible assets of $5.15 Million USD. See Grom Social Enterprises Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Grom Social Enterprises Inc Tangible Net Worth Ratio by Year (2015–2023)
Grom Social Enterprises Inc tangible net worth ratio by year from 2015 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Grom Social Enterprises Inc from 2015 to 2023, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Grom Social Enterprises Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 38.7% | $12.32 Million | $7.55 Million | $18.13 Million | ▼ -27.4 pp |
| 2022 | 66.0% | $20.35 Million | $6.91 Million | $24.64 Million | ▼ -14.5 pp |
| 2021 | 80.6% | $26.12 Million | $5.07 Million | $37.85 Million | ▲ +45.3 pp |
| 2020 | 35.3% | $8.60 Million | $5.57 Million | $17.27 Million | ▲ +8.1 pp |
| 2019 | 27.2% | $8.18 Million | $5.95 Million | $18.26 Million | ▲ +20.7 pp |
| 2018 | 6.5% | $6.78 Million | $6.34 Million | $18.81 Million | ▲ +1.8 pp |
| 2017 | 4.7% | $7.10 Million | $6.77 Million | $19.05 Million | ▼ -95.3 pp |
| 2015 | 100.0% | $72.65K | $0.00 | $163.85K | — |