Regardless of the sequential decrease in Current Liabilities, during the first quarter 2024, Quick Ratio deteriorated to 0.14 below Grom Social Enterprises Inc 's average Quick Ratio.

Within Internet Services & Social Media industry 67 other companies have achieved higher Quick Ratio than Grom Social Enterprises Inc in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 1691 to 3711.

Explain Quick Ratio?
How much Cash & cash equivalents GROM�s has?
What are GROM�s Current Liabilities?

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

GROM Quick Ratio	(Mar 31 2024) Q1	(Dec 31 2023) Q4	(Sep 30 2023) Q3	(Jun 30 2023) Q2	(Mar 31 2023) Q1
Y / Y Current Liabilities Change	30.24 %	47.82 %	2.28 %	-31.88 %	-4.46 %
Y / Y Cash & cash equivalent Change	-89.06 %	-35.28 %	88.28 %	-47.02 %	-34.04 %
Quick Ratio MRQ	0.14	0.57	0.85	0.79	1.61
GROM's Total Ranking	# 3711	# 1691	# 1839	# 1867	# 979
Seq. Current Liabilities Change	-24.38 %	51.68 %	3.97 %	9.21 %	-14.17 %
Seq. Cash & cash equivalent Change	-81.94 %	1.46 %	11.65 %	-46.54 %	6.86 %

Quick Ratio first quarter 2024 Company Ranking
Within:	No.
Internet Services & Social Media Industry	# 68
Technology Sector	# 642
Overall Market	# 3711

Quick Ratio Statistics
High	Average	Low
3.06	0.57	0.01
(Sep 30 2021)		(Mar 31 2017)

Financial Statements
Grom Social Enterprises Inc 's Current Liabilities	$ 3 Millions	Visit GROM's Balance sheet
Grom Social Enterprises Inc 's Cash & cash equivalent	$ 0 Millions	Visit GROM's Balance sheet
Source of GROM's Sales		Visit GROM's Sales by Geography

Cumulative Grom Social Enterprises Inc 's Quick Ratio

GROM's Quick Ratio for the trailling 12 Months

GROM Quick Ratio	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months	(Mar 31 2023) 12 Months
Y / Y Current Liabilities TTM Growth	7.66 %	0.5 %	-21.74 %	-22.88 %	-18.59 %
Y / Y Cash & cash equivalent TTM Growth	-43.39 %	-27.55 %	-30.62 %	-55.78 %	-55.12 %
Quick Ratio TTM	0.57	0.89	1.13	1.03	1.08
Total Ranking TTM	# 3929	# 3657	# 1530	# 3648	# 3366
Seq. Current Liabilities TTM Growth	6.11 %	12.68 %	0.58 %	-10.48 %	-0.95 %
Seq. Cash & cash equivalent TTM Growth	-32.54 %	-10.76 %	10.04 %	-14.55 %	-13.66 %

Quick ratio ranking by company, industry and sector >> Back to GROM Financial Strength Comparisons >> Go to Compare GROM Quick Ratio to its Competitors

On the trailing twelve months basis Due to decline in Current Liabilities in the Q1 2024 to $3.34 millions, cumulative Quick Ratio decreased to 0.57 above the GROM average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Internet Services & Social Media industry 60 other companies have achieved higher Quick Ratio than Grom Social Enterprises Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2023 from 3657 to 3929.

Explain Quick Ratio?
How much Cash & cash equivalents GROM�s has?
What are GROM�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Internet Services & Social Media Industry	# 61
Technology Sector	# 671
Within the Market	# 3929

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.85	0.51	0.06
(Mar 31 2022)		(Sep 30 2018)

Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Internet Services & Social Media Industry	Quick Ratio	Mar 31 2024 MRQ Cash & cash equivalent	Mar 31 2024 MRQ Current Liabilities
Similarweb Ltd	0.36	$ 63.869 Millions	$ 177.192 Millions
Grindr Inc	0.34	$ 21.548 Millions	$ 63.029 Millions
Evolent Health Inc	0.33	$ 216.741 Millions	$ 659.022 Millions
Flutter Entertainment Plc	0.31	$ 1,548.000 Millions	$ 5,056.000 Millions
Franklin Covey Co	0.30	$ 40.904 Millions	$ 138.465 Millions
Sangoma Technologies Corp	0.29	$ 17.187 Millions	$ 60.104 Millions
Lucas Gc Limited	0.24	$ 4.546 Millions	$ 18.847 Millions
Magnite Inc	0.22	$ 252.834 Millions	$ 1,154.691 Millions
Vnet Group inc	0.22	$ 279.237 Millions	$ 1,280.044 Millions
Decisionpoint Systems Inc	0.21	$ 5.834 Millions	$ 27.623 Millions
Podcastone Inc	0.19	$ 1.445 Millions	$ 7.698 Millions
Sify Technologies Ltd	0.18	$ 49.242 Millions	$ 280.832 Millions
Rezolve Ai Plc	0.16	$ 9.451 Millions	$ 57.785 Millions
Grom Social Enterprises Inc	0.14	$ 0.452 Millions	$ 3.342 Millions
Locafy Limited	0.10	$ 0.184 Millions	$ 1.782 Millions
Premier Inc	0.09	$ 61.856 Millions	$ 725.679 Millions
Qutoutiao Inc	0.08	$ 9.275 Millions	$ 115.722 Millions
Zw Data Action Technologies Inc	0.08	$ 0.467 Millions	$ 5.861 Millions
TRANSUITE.ORG INC.	0.07	$ 0.011 Millions	$ 0.154 Millions
BIOREGENX, INC.	0.06	$ 0.114 Millions	$ 1.928 Millions
Wewards Inc	0.06	$ 0.771 Millions	$ 13.889 Millions
J And Friends Holdings Limited	0.05	$ 3.692 Millions	$ 67.576 Millions
Alithya Group Inc	0.04	$ 6.543 Millions	$ 151.474 Millions
Professional Diversity Network Inc	0.03	$ 0.097 Millions	$ 3.570 Millions

Date modified: 2026-10-07T00:41:52+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.