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
Grom Social Enterprises Inc (GROM) - Total Assets
Latest total assets as of March 2024: $18.90 Million USD
Based on the latest financial reports, Grom Social Enterprises Inc (GROM) holds total assets worth $18.90 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Grom Social Enterprises Inc - Total Assets Trend (2015–2023)
This chart illustrates how Grom Social Enterprises Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Grom Social Enterprises Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Grom Social Enterprises Inc's total assets of $18.90 Million consist of 21.5% current assets and 78.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.8% |
| Accounts Receivable | $826.07K | 4.6% |
| Inventory | $43.20K | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.55 Million | 41.7% |
| Goodwill | $5.69 Million | 31.4% |
Asset Composition Trend (2015–2023)
This chart illustrates how Grom Social Enterprises Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Grom Social Enterprises Inc's current assets represent 21.5% of total assets in 2023, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2023, down from 65.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 72.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 41.7% of total assets.
Grom Social Enterprises Inc Competitors by Total Assets
Key competitors of Grom Social Enterprises Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Entreparticuli
PA:ALENT
|
France | €629.60K |
|
SportsHero Limited
PINK:NIROF
|
USA | $527.01K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
Grom Social Enterprises Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Grom Social Enterprises Inc generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Grom Social Enterprises Inc is currently not profitable relative to its asset base.
Grom Social Enterprises Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.60 | 2.21 | 0.19 |
| Quick Ratio | 0.59 | 2.18 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.34 Million | $ 3.12 Million | $ -9.33 Million |
Grom Social Enterprises Inc - Advanced Valuation Insights
This section examines the relationship between Grom Social Enterprises Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -26.4% |
| Total Assets | $18.13 Million |
| Market Capitalization | $1.77K USD |
Valuation Analysis
Below Book Valuation: The market values Grom Social Enterprises Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Grom Social Enterprises Inc's assets decreased by 26.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Grom Social Enterprises Inc (2015–2023)
The table below shows the annual total assets of Grom Social Enterprises Inc from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $18.13 Million | -26.42% |
| 2022-12-31 | $24.64 Million | -34.90% |
| 2021-12-31 | $37.85 Million | +119.26% |
| 2020-12-31 | $17.27 Million | -5.45% |
| 2019-12-31 | $18.26 Million | -2.92% |
| 2018-12-31 | $18.81 Million | -1.24% |
| 2017-12-31 | $19.05 Million | +15231.00% |
| 2016-12-31 | $124.24K | -24.18% |
| 2015-12-31 | $163.85K | -- |