Grom Social Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Grom Social Enterprises has a total shareholder equity of $14.6M and total debt of $365.4K, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are $18.9M and $4.3M respectively.
Key information
2.5%
Debt to equity ratio
US$365.36k
Debt
| Interest coverage ratio | n/a |
| Cash | US$452.45k |
| Equity | US$14.59m |
| Total liabilities | US$4.31m |
| Total assets | US$18.90m |
Financial Position Analysis
Short Term Liabilities: GROM's short term assets ($2.0M) do not cover its short term liabilities ($3.3M).
Long Term Liabilities: GROM's short term assets ($2.0M) exceed its long term liabilities ($966.5K).
Debt to Equity History and Analysis
Debt Level: GROM has more cash than its total debt.
Reducing Debt: GROM's debt to equity ratio has reduced from 125.4% to 2.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GROM has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GROM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.