Grom Social Enterprises Inc (GROM) - Total Assets
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. Check cash flow reinvestment rate of Grom Social Enterprises Inc to assess the company's total reinvestment commitment from operating cash flow.
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. Check tangible equity quality of Grom Social Enterprises Inc to evaluate the tangible quality of the company's equity base.
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. For live market cap, price, and company overview, see Grom Social Enterprises Inc (GROM) total market value.
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 |
|---|---|---|
|
Spotify Technology SA
NYSE:SPOT
|
USA | $13.14 Billion |
|
Kakao Corp
KO:035720
|
Korea | ₩26.89 Trillion |
|
IAC Inc.
NASDAQ:IAC
|
USA | $6.82 Billion |
|
CAR Group Ltd
AU:CAR
|
Australia | AU$4.78 Billion |
|
Builddirect.com Tehcnologies Inc
V:BILD
|
Canada | CA$38.22 Million |
|
Sportshero Ltd
AU:SHO
|
Australia | AU$527.22K |
|
Yangaroo Inc
V:YOO
|
Canada | CA$4.55 Million |
|
REA Group Ltd
AU:REA
|
Australia | AU$2.83 Billion |
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 | $902.00 USD |
Valuation Analysis
Below Book Valuation: The market values Grom Social Enterprises Inc's assets below their book value (0.00x), 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 | -- |
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