Grove Collaborative Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Grove Collaborative Holdings has a total shareholder equity of $26.4M and total debt of $32.2M, which brings its debt-to-equity ratio to 122%. Its total assets and total liabilities are $105.2M and $78.8M respectively.
Key information
122.0%
Debt to equity ratio
US$32.17m
Debt
| Interest coverage ratio | n/a |
| Cash | US$50.76m |
| Equity | US$26.36m |
| Total liabilities | US$78.83m |
| Total assets | US$105.19m |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In Grove Collaborative Holdings, Inc.'s (NYSE:GROV) P/S
Aug 11
Risks To Shareholder Returns Are Elevated At These Prices For Grove Collaborative Holdings, Inc. (NYSE:GROV)
Mar 02Pinning 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 ($81.8M) exceed its short term liabilities ($39.6M).
Long Term Liabilities: GROV's short term assets ($81.8M) exceed its long term liabilities ($39.2M).
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 2.7 years if free cash flow continues to grow at historical rates of 41.6% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grove Collaborative Holdings, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Susan Anderson | Canaccord Genuity |
| Dana Telsey | Telsey Advisory Group LLC |