Grom Social Enterprises Inc (GROM) — Working Capital to Net Assets Ratio
Grom Social Enterprises Inc (GROM) has a Working Capital to Net Assets ratio of -9.2% as of March 2024. Working capital of $-1.34 Million (current assets of $2.01 Million minus current liabilities of $3.34 Million) is measured against net assets of $14.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Grom Social Enterprises Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grom Social Enterprises Inc Working Capital to Net Assets (2015–2023)
This chart shows how Grom Social Enterprises Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of March 2024, the ratio stands at -9.2%, reflecting working capital of $-1.34 Million against net assets of $14.59 Million USD. For the complete balance sheet picture, see GROM asset base.
Annual Working Capital to Net Assets for Grom Social Enterprises Inc (2015–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grom Social Enterprises Inc from 2015 to 2023, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read GROM total debt and obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -4.2% | $-517.35K | $12.32 Million | $3.90 Million | $4.42 Million | ▼ -17.7 pp |
| 2022 | 13.5% | $2.74 Million | $20.35 Million | $5.73 Million | $2.99 Million | ▲ +0.9 pp |
| 2021 | 12.6% | $3.29 Million | $26.12 Million | $8.05 Million | $4.76 Million | ▲ +80.5 pp |
| 2020 | -67.9% | $-5.84 Million | $8.60 Million | $1.14 Million | $6.98 Million | ▲ +21.5 pp |
| 2019 | -89.4% | $-7.31 Million | $8.18 Million | $1.41 Million | $8.72 Million | ▲ +10.1 pp |
| 2018 | -99.5% | $-6.75 Million | $6.78 Million | $2.22 Million | $8.96 Million | ▼ -50.0 pp |
| 2017 | -49.5% | $-3.51 Million | $7.10 Million | $2.34 Million | $5.86 Million | ▼ -150.3 pp |
| 2016 | 100.9% | $-375.41K | $-372.09K | $120.92K | $496.33K | ▲ +0.9 pp |
| 2015 | 100.0% | $72.65K | $72.65K | $163.85K | $91.20K | — |