Grove Collaborative Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Grove Collaborative Holdings has a total shareholder equity of $18.1M and total debt of $71.7M, which brings its debt-to-equity ratio to 395.4%. Its total assets and total liabilities are $150.7M and $132.6M respectively.
Key information
395.4%
Debt to equity ratio
US$71.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$86.41m |
| Equity | US$18.12m |
| Total liabilities | US$132.62m |
| Total assets | US$150.74m |
Recent financial health updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Grove Collaborative Holdings, Inc. (NYSE:GROV)
Mar 02
Pinning Down Grove Collaborative Holdings, Inc.'s (NYSE:GROV) P/S Is Difficult Right Now
Nov 13Grove Collaborative: Can Be Quite Volatile Financially And Technically
Sep 08Analysts Have Been Trimming Their Grove Collaborative Holdings, Inc. (NYSE:GROV) Price Target After Its Latest Report
May 14Grove receives non-compliance notice from NYSE
Dec 20Grove Collaborative Holdings reports GAAP EPS of $0.05, revenue of $77.73M
Nov 10Grove Collaborative furthers retail expansion with entry into Harris Teeter and H-E-B
Oct 19Grove continues massive retail expansion
Sep 27Grove Collaborative climbs 10% on expanding retail footprint
Jul 07Financial Position Analysis
Short Term Liabilities: GROV's short term assets ($124.2M) exceed its short term liabilities ($35.0M).
Long Term Liabilities: GROV's short term assets ($124.2M) exceed its long term liabilities ($97.6M).
Debt to Equity History and Analysis
Debt Level: GROV has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GROV's debt to equity ratio has reduced 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: GROV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GROV has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 29.8% each year