Grove Collaborative Holdings Inc.
Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store. The company is headquartered in San Francisco, California.
Grove Collaborative Holdings Inc. (GROVW) - Total Assets
Latest total assets as of September 2024: $105.19 Million USD
Based on the latest financial reports, Grove Collaborative Holdings Inc. (GROVW) holds total assets worth $105.19 Million USD as of September 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.
Grove Collaborative Holdings Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Grove Collaborative Holdings Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Grove Collaborative Holdings Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Grove Collaborative Holdings Inc.'s total assets of $105.19 Million consist of 82.4% current assets and 17.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 57.3% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $28.78 Million | 19.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Grove Collaborative Holdings 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: Grove Collaborative Holdings Inc.'s current assets represent 82.4% of total assets in 2023, a decrease from 84.5% in 2020.
- Cash Position: Cash and equivalents constituted 57.3% of total assets in 2023, down from 65.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 19.1% of total assets.
Grove Collaborative Holdings Inc. Competitors by Total Assets
Key competitors of Grove Collaborative Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
China | CN¥3.66 Billion |
|
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
|
China | CN¥2.20 Billion |
|
Hunan Resun Co Ltd
SHE:001218
|
China | CN¥3.08 Billion |
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
China | CN¥1.90 Billion |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
China | CN¥3.19 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
China | CN¥9.17 Billion |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
China | CN¥3.08 Billion |
|
Amore Group
KO:002790
|
Korea | ₩8.54 Trillion |
Grove Collaborative Holdings 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
Strong asset utilization - Grove Collaborative Holdings Inc. generates 1.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Grove Collaborative Holdings Inc. is currently not profitable relative to its asset base.
Grove Collaborative Holdings 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 | 2.07 | 3.45 | 1.96 |
| Quick Ratio | 1.45 | 2.58 | 1.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $42.26 Million | $ 92.47 Million | $ 94.91 Million |
Grove Collaborative Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between Grove Collaborative Holdings 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -13.4% |
| Total Assets | $150.74 Million |
| Market Capitalization | $88.16 USD |
Valuation Analysis
Below Book Valuation: The market values Grove Collaborative Holdings Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Grove Collaborative Holdings Inc.'s assets decreased by 13.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Grove Collaborative Holdings Inc. (2020–2023)
The table below shows the annual total assets of Grove Collaborative Holdings Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $150.74 Million | -13.39% |
| 2022-12-31 | $174.04 Million | -4.62% |
| 2021-12-31 | $182.47 Million | -32.35% |
| 2020-12-31 | $269.72 Million | -- |