Groove Botanicals Inc
Groove Botanicals, Inc., does not have significant operations. Previously, it was involved in the assembly of a portfolio of early-stage EV battery technologies from Universities in Norway, Sweden, and Finland. The company was formerly known as Avalon Oil & Gas, Inc. and changed its name to Groove Botanicals, Inc. in May 2018. Groove Botanicals, Inc. is headquartered in Minneapolis, Minnesota.
Groove Botanicals Inc (GRVE) - Total Assets
Latest total assets as of September 2025: $8.16K USD
Based on the latest financial reports, Groove Botanicals Inc (GRVE) holds total assets worth $8.16K USD as of September 2025.
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.
Groove Botanicals Inc - Total Assets Trend (1993–2025)
This chart illustrates how Groove Botanicals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Groove Botanicals Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
Groove Botanicals Inc's total assets of $8.16K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 45.2% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2025)
This chart illustrates how Groove Botanicals 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: Groove Botanicals Inc's current assets represent 100.0% of total assets in 2025, an increase from 66.7% in 1993.
- Cash Position: Cash and equivalents constituted 45.2% of total assets in 2025, up from 0.0% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Groove Botanicals Inc Competitors by Total Assets
Key competitors of Groove Botanicals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Groove Botanicals 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 - Groove Botanicals Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Groove Botanicals Inc is currently not profitable relative to its asset base.
Groove Botanicals 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 | 0.01 | 0.01 | 0.14 |
| Quick Ratio | 0.01 | 0.01 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.29 Million | $ -936.16K | $ -676.59K |
Groove Botanicals Inc - Advanced Valuation Insights
This section examines the relationship between Groove Botanicals 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 | 79.17 |
| Asset Growth Rate (YoY) | 111.0% |
| Total Assets | $4.52K |
| Market Capitalization | $357.83K USD |
Valuation Analysis
Premium Asset Valuation: The market values Groove Botanicals Inc's assets at a significant premium ( 79.17x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Groove Botanicals Inc's assets grew by 111.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Groove Botanicals Inc (1993–2025)
The table below shows the annual total assets of Groove Botanicals Inc from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $4.52K | +111.02% |
| 2024-03-31 | $2.14K | -57.57% |
| 2023-03-31 | $5.05K | -89.65% |
| 2022-03-31 | $48.78K | -15.76% |
| 2021-03-31 | $57.91K | -70.52% |
| 2020-03-31 | $196.44K | 0.00% |
| 2019-03-31 | $196.44K | -47.42% |
| 2018-03-31 | $373.63K | +14.88% |
| 2017-03-31 | $325.22K | -12.96% |
| 2016-03-31 | $373.63K | -86.40% |
| 2015-03-31 | $2.75 Million | +0.59% |
| 2014-03-31 | $2.73 Million | +6.44% |
| 2013-03-31 | $2.57 Million | -1.88% |
| 2012-03-31 | $2.62 Million | -3.16% |
| 2011-03-31 | $2.70 Million | +9.11% |
| 2010-03-31 | $2.48 Million | -41.79% |
| 2009-03-31 | $4.25 Million | +55.52% |
| 2008-03-31 | $2.73 Million | -8.64% |
| 2007-03-31 | $2.99 Million | +6530.63% |
| 2006-03-31 | $45.14K | +88413.73% |
| 2005-03-31 | $51.00 | -93.18% |
| 2004-03-31 | $748.00 | -95.29% |
| 2003-03-31 | $15.89K | -47.93% |
| 2002-03-31 | $30.51K | -55.88% |
| 2001-03-31 | $69.15K | -88.63% |
| 2000-03-31 | $608.00K | -77.48% |
| 1996-03-31 | $2.70 Million | -3.57% |
| 1995-03-31 | $2.80 Million | -50.88% |
| 1994-03-31 | $5.70 Million | +1800.00% |
| 1993-03-31 | $300.00K | -- |