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Grom Social Enterprises Inc   (GROM)
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Grom Social Enterprises Inc 's Working Capital Ratio

GROM's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Grom Social Enterprises Inc 's Current Assets grew by 11 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Grom Social Enterprises Inc 's Working Capital Ratio to 1.37, above Grom Social Enterprises Inc average Working Capital Ratio.

Within Internet Services & Social Media industry 32 other companies have achieved higher Working Capital Ratio than Grom Social Enterprises Inc in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 2485, from total ranking in the second quarter 2023 at 2932.

Explain Working Capital Ratio
How much in Current Assets GROM´s has?
What is the value of GROM´s Current Liabilities?


GROM Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 2.28 % -31.88 % -4.46 % -37.13 % -4.32 %
Y / Y Current Assets Change 22.9 % -35.98 % -25.59 % -28.78 % -68.87 %
Working Capital Ratio MRQ 1.37 1.28 2.21 1.92 1.14
GROM's Total Ranking # 2485 # 2932 # 1926 # 2637 # 3173
Seq. Current Liabilities Change 3.97 % 9.21 % -14.17 % 4.95 % -30.76 %
Seq. Current Assets Change 11 % -36.83 % -0.84 % 76.76 % -42.18 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Internet Services & Social Media Industry # 33
Technology Sector # 358
Overall Market # 2485


Working Capital Ratio Statistics
High Average Low
3.5 0.9 0.16
(Sep 30 2021)   (Dec 31 2020)




Financial Statements
Grom Social Enterprises Inc 's Current Liabilities $ 3 Millions Visit GROM's Balance sheet
Grom Social Enterprises Inc 's Current Assets $ 4 Millions Visit GROM's Balance sheet
Source of GROM's Sales Visit GROM's Sales by Geography


Cumulative Grom Social Enterprises Inc 's Working Capital Ratio

GROM's Working Capital Ratio for the trailling 12 Months

GROM Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 2.28 % -31.88 % -4.46 % -37.13 % -4.32 %
Y / Y Current Assets TTM Growth 22.9 % -35.98 % -25.59 % -28.78 % -68.87 %
Working Capital Ratio TTM 1.68 1.63 1.62 1.76 1.7
Total Ranking TTM # 3892 # 4120 # 3495 # 3744 # 3084
Seq. Current Liabilities TTM Growth 3.97 % 9.21 % -14.17 % 4.95 % -30.76 %
Seq. Current Assets TTM Growth 11 % -36.83 % -0.84 % 76.76 % -42.18 %


On the trailing twelve months basis GROM Current Assets grew by 22.9 % in III Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Grom Social Enterprises Inc 's Working Capital Ratio to 1.68, above GROM average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Internet Services & Social Media industry 51 other companies have achieved higher Working Capital Ratio than Grom Social Enterprises Inc . While Working Capital Ratio overall ranking has improved so far to 3892, from total ranking during the twelve months ending second quarter 2023 at 4120.

Explain Working Capital Ratio
How much in Current Assets GROM´s has?
What is the value of GROM´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Internet Services & Social Media Industry # 52
Technology Sector # 650
Within the Market # 3892


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.18 0.82 0.2
(Mar 31 2022)   (Mar 31 2020)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Internet Services & Social Media Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Viant Technology Inc   3.60 $ 314.074  Millions$ 87.264  Millions
Global Mofy Metaverse Limited  3.52 $ 17.893  Millions$ 5.084  Millions
Integral Ad Science Holding Corp   3.47 $ 239.787  Millions$ 69.054  Millions
Match Group Inc   3.26 $ 1,118.275  Millions$ 343.133  Millions
Gartner Inc   3.09 $ 2,837.556  Millions$ 918.158  Millions
Baidu Inc   3.01 $ 32,432.000  Millions$ 10,768.000  Millions
Outbrain Inc   2.72 $ 386.849  Millions$ 142.234  Millions
Hanryu Holdings Inc  2.61 $ 17.190  Millions$ 6.592  Millions
Iac Inc   2.58 $ 2,212.047  Millions$ 857.404  Millions
Meta Platforms Inc   2.57 $ 78,378.000  Millions$ 30,531.000  Millions
Digitalocean Holdings Inc   2.56 $ 471.459  Millions$ 184.289  Millions
Everquote Inc   2.19 $ 70.098  Millions$ 31.995  Millions
Applovin Corporation  1.92 $ 1,300.792  Millions$ 677.782  Millions
R1 Rcm Inc   1.89 $ 639.400  Millions$ 337.700  Millions
Trade Desk Inc   1.87 $ 4,013.806  Millions$ 2,147.155  Millions
Eventbrite Inc   1.81 $ 768.095  Millions$ 425.441  Millions
Gan Limited  1.72 $ 55.768  Millions$ 32.473  Millions
Alphabet Inc   1.69 $ 145,608.000  Millions$ 86,295.000  Millions
Pubmatic Inc   1.59 $ 474.372  Millions$ 298.200  Millions
Factset Research Systems Inc   1.59 $ 770.135  Millions$ 484.251  Millions
Vimeo inc   1.48 $ 336.359  Millions$ 227.998  Millions
Grom Social Enterprises Inc   1.37 $ 3.985  Millions$ 2.914  Millions
Sabre Corporation  1.32 $ 1,195.832  Millions$ 907.757  Millions
Premier Inc   1.30 $ 1,002.374  Millions$ 770.526  Millions
Taboola com Ltd   1.28 $ 555.880  Millions$ 432.971  Millions
Sportradar Group Ag  1.26 $ 502.956  Millions$ 398.848  Millions
Cardlytics Inc   1.15 $ 205.589  Millions$ 179.483  Millions
Magnite Inc   1.12 $ 1,269.180  Millions$ 1,131.064  Millions
Healthstream Inc  1.11 $ 126.879  Millions$ 114.582  Millions
Grindr Inc   1.08 $ 72.124  Millions$ 67.067  Millions

Date modified: 2024-03-25T15:07:14+00:00



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