Grom Debt To Equity from 2010 to 2024
| GROM Stock | USD 0.47 0.01 2.17% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.08757308 | Current Value 0.0832 | Quarterly Volatility 0.31939207 |
Check Grom Social financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grom Social's main balance sheet or income statement drivers, such as Selling General Administrative of 6.9 M, Total Revenue of 5.8 M or Gross Profit of 737.2 K, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0 or PTB Ratio of 0.0803. Grom financial statements analysis is a perfect complement when working with Grom Social Valuation or Volatility modules.
Grom | Debt To Equity |
Latest Grom Social's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Grom Social Enterprises over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Grom Social's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grom Social's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.08 % | 10 Years Trend |
|
Debt To Equity |
| Timeline |
Grom Debt To Equity Regression Statistics
| Arithmetic Mean | 0.59 | |
| Geometric Mean | 0.45 | |
| Coefficient Of Variation | 53.94 | |
| Mean Deviation | 0.27 | |
| Median | 0.77 | |
| Standard Deviation | 0.32 | |
| Sample Variance | 0.10 | |
| Range | 0.9365 | |
| R-Value | (0.77) | |
| Mean Square Error | 0.04 | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | (0.06) | |
| Total Sum of Squares | 1.43 |
Grom Debt To Equity History
About Grom Social Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Grom Social income statement, its balance sheet, and the statement of cash flows. Grom Social investors use historical funamental indicators, such as Grom Social's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Grom Social investors may use each financial statement separately, they are all related. The changes in Grom Social's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grom Social's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Grom Social Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Grom Social. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.09 | 0.08 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Grom Social Enterprises using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Additional Information and Resources on Investing in Grom Stock
When determining whether Grom Social Enterprises is a strong investment it is important to analyze Grom Social's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grom Social's future performance. For an informed investment choice regarding Grom Stock, refer to the following important reports:Check out the analysis of Grom Social Correlation against competitors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grom Social. If investors know Grom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grom Social listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.46) | Revenue Per Share 2.496 | Quarterly Revenue Growth (0.27) | Return On Assets (0.24) | Return On Equity (0.89) |
The market value of Grom Social Enterprises is measured differently than its book value, which is the value of Grom that is recorded on the company's balance sheet. Investors also form their own opinion of Grom Social's value that differs from its market value or its book value, called intrinsic value, which is Grom Social's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grom Social's market value can be influenced by many factors that don't directly affect Grom Social's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grom Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grom Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grom Social's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.