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Grom Social Enterprises (Grom Social Enterprises) Scaled Net Operating Assets : 0.84 (As of Mar. 2024)


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What is Grom Social Enterprises Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Grom Social Enterprises's operating assets for the quarter that ended in Mar. 2024 was $18.44 Mil. Grom Social Enterprises's operating liabilities for the quarter that ended in Mar. 2024 was $3.20 Mil. Grom Social Enterprises's Total Assets for the quarter that ended in Dec. 2023 was $18.13 Mil. Therefore, Grom Social Enterprises's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.84.


Grom Social Enterprises Scaled Net Operating Assets Historical Data

The historical data trend for Grom Social Enterprises's Scaled Net Operating Assets 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.

* Premium members only.

Grom Social Enterprises Scaled Net Operating Assets Chart

Grom Social Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.74 0.69 1.37 0.48 0.46

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
Scaled Net Operating Assets 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 0.74 0.72 0.78 0.51 0.84

Competitive Comparison of Grom Social Enterprises's Scaled Net Operating Assets

For the Internet Content & Information subindustry, Grom Social Enterprises's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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's Scaled Net Operating Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Grom Social Enterprises's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Grom Social Enterprises's Scaled Net Operating Assets falls into.



Grom Social Enterprises Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Grom Social Enterprises's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(15.628-4.2)/24.645
=0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.133 - 2.505
=15.628

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.815 - 1.155 - 0.46
=4.2

Grom Social Enterprises's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(18.444-3.198)/18.133
=0.84

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.896 - 0.452
=18.444

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.309 - 0.561 - 0.55
=3.198

* 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 Scaled Net Operating Assets Related Terms

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Grom Social Enterprises (Grom Social Enterprises) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jason Allen Williams officer: CFO, Secretary and Treasurer 1649 NORTHWEST 136TH AVENUE, SUNRISE FL 33323
Robert Stevens director C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD., #6, BOCA RATON FL 33431
Norman Steven Rosenthal director 14 TRAILS END ROAD, WILTON CT 06897-3330
Wayne Dearing officer: President of TD Holdings Ltd. C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, #6, BOCA RATON FL 33431
Thomas J. Rutherford director 16205 TALAVERA DE AVILA, TAMPA FL 33613
Melvin Leiner director, 10 percent owner C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE 6, BOCA RATON FL 33431
Darren Marks director, 10 percent owner C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE #6, BOCA RATON FL 33431
Ismael Llera officer: CEO and CFO 2060 NW BOCA RATON BLVD, #6, BOCA RATON FL 33431
William Frederick Andrews officer: Chief Operating Officer 4721 NW 27TH AVENUE, BOCA RATON FL 33434