GROM (Grom Social Enterprises) Debt-to-Equity: 0.08 (As of Mar. 2024)

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GROM Grom Social Enterprises Inc GROM
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What is Grom Social Enterprises Debt-to-Equity?

Grom Social Enterprises GROM 12 Debt-to-Equity is 0.08 as of Mar. 2024. GuruFocus rates GROM with a GF Score™ of 12/100.

Grom Social Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.55 Mil. Grom Social Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.56 Mil. Grom Social Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $13.79 Mil. Grom Social Enterprises's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Grom Social Enterprises's Debt-to-Equity or its related term are showing as below:

GROM's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.145
* Ranked among companies with meaningful Debt-to-Equity only.

Grom Social Enterprises  (OTCPK:GROM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Grom Social Enterprises Debt-to-Equity Related Terms

Grom Social Enterprises Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Grom Social Enterprises's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grom Social Enterprises Debt-to-Equity Chart

Grom Social Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.76 0.49 0.17 0.09 0.14

Grom Social Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.06 0.14 0.08

GROM vs FMHS, HMLA, GOOGL: Debt-to-Equity Comparison

For the Internet Content & Information subindustry, Grom Social Enterprises's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Grom Social Enterprises Debt-to-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Grom Social Enterprises's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grom Social Enterprises's Debt-to-Equity falls into.


GROM
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Grom Social Enterprises Inc GROM
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Grom Social Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grom Social Enterprises's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.46 + 1.155) / 11.421
=0.14

Grom Social Enterprises's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.55 + 0.561) / 13.792
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.08 mean?
Grom Social Enterprises (GROM) has a Debt-to-Equity of 0.08 as of Mar. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grom Social Enterprises and its competitors.
Is Grom Social Enterprises' Debt-to-Equity too high?
Grom Social Enterprises' current Debt-to-Equity is 0.08. The Interactive Media industry median Debt-to-Equity is 0.15. Grom Social Enterprises' value of 0.08 is 44.8% below this industry median. Overall, Grom Social Enterprises has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Grom Social Enterprises' Debt-to-Equity compare to FMHS and HMLA?
Grom Social Enterprises' Debt-to-Equity of 0.08 can be compared against companies in the Interactive Media industry. The industry median Debt-to-Equity is 0.15. Grom Social Enterprises' value of 0.08 is 44.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.15, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grom Social Enterprises's current Debt-to-Equity of 0.08 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grom Social Enterprises and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grom Social Enterprises's current Debt-to-Equity is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grom Social Enterprises stock overvalued right now?
Grom Social Enterprises (GROM) has a current Debt-to-Equity of 0.08. The current Debt-to-Equity is 0.08 and 44.8% below the Interactive Media industry median of 0.15. Grom Social Enterprises' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Grom Social Enterprises (GROM), the current Debt-to-Equity is 0.08 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grom Social Enterprises Business Description

Address 2060 NW Boca Raton Boulevard, Suite 6, Boca Raton, FL, USA, 33431
Grom Social Enterprises Inc is a social media, technology, and entertainment company for kids focused on producing original content. In addition to providing a social media platform, the company creates content consisting of animated characters, interactive charts, videos, blogs, and games. It has three reportable business segments: Animation, which includes TDH; Original Content, which includes CIM; and Social & Technology, which includes GSOC and GEDU. The majority of its revenue is from the Animation segment.
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