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 Liabilities
Latest total liabilities as of September 2025: $1.30 Million USD
Based on the latest financial reports, Groove Botanicals Inc (GRVE) has total liabilities worth $1.30 Million USD as of September 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Groove Botanicals Inc - Total Liabilities Trend (1993–2025)
This chart illustrates how Groove Botanicals Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Groove Botanicals Inc Competitors by Total Liabilities
The table below lists competitors of Groove Botanicals Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
SWE ORPHAN BIOVITRU
MU:B6E
|
Germany | €35.09 Billion |
|
FOBANK
CO:FOBANK
|
Denmark | Dkr12.76 Billion |
|
Direct Digital Holdings Inc
NASDAQ:DRCT
|
USA | $29.23 Million |
|
Serco Group
LSE:SRP
|
UK | GBX1.97 Billion |
Liability Composition Analysis (1993–2025)
This chart breaks down Groove Botanicals Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.01 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 158.97 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Groove Botanicals Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Groove Botanicals Inc (1993–2025)
The table below shows the annual total liabilities of Groove Botanicals Inc from 1993 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-03-31 | $1.11 Million | +46.11% |
| 2024-03-31 | $762.70K | +72.03% |
| 2023-03-31 | $443.35K | -11.99% |
| 2022-03-31 | $503.72K | -13.22% |
| 2021-03-31 | $580.44K | -64.30% |
| 2020-03-31 | $1.63 Million | +6.97% |
| 2019-03-31 | $1.52 Million | +64.96% |
| 2018-03-31 | $921.45K | -22.73% |
| 2017-03-31 | $1.19 Million | +29.41% |
| 2016-03-31 | $921.45K | -12.83% |
| 2015-03-31 | $1.06 Million | -30.40% |
| 2014-03-31 | $1.52 Million | -28.49% |
| 2013-03-31 | $2.12 Million | +4.77% |
| 2012-03-31 | $2.03 Million | +22.59% |
| 2011-03-31 | $1.65 Million | +8.12% |
| 2010-03-31 | $1.53 Million | +2.62% |
| 2009-03-31 | $1.49 Million | +446.75% |
| 2008-03-31 | $272.61K | +17.70% |
| 2007-03-31 | $231.60K | +131.35% |
| 2006-03-31 | $100.11K | -78.10% |
| 2005-03-31 | $457.16K | -30.30% |
| 2004-03-31 | $655.89K | +21.42% |
| 2003-03-31 | $540.16K | -68.39% |
| 2002-03-31 | $1.71 Million | +2.04% |
| 2001-03-31 | $1.67 Million | +103.46% |
| 2000-03-31 | $823.00K | +64.60% |
| 1996-03-31 | $500.00K | +66.67% |
| 1995-03-31 | $300.00K | 0.00% |
| 1994-03-31 | $300.00K | -75.00% |
| 1993-03-31 | $1.20 Million | -- |