Grom Retained Earnings vs Property Plant Equipment Analysis

GROM Stock

USD 0.45 0.01 2.17%

Grom Social financial indicator trend analysis is much more than just examining Grom Social Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grom Social Enterprises is a good investment. Please check the relationship between Grom Social Retained Earnings and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grom Social Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Retained Earnings vs Property Plant Equipment

Retained Earnings vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grom Social Enterprises Retained Earnings account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.

The correlation between Grom Social's Retained Earnings and Property Plant Equipment is -0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Grom Social Enterprises, assuming nothing else is changed. The correlation between historical values of Grom Social's Retained Earnings and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Grom Social Enterprises are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Retained Earnings i.e., Grom Social's Retained Earnings and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant Equipment

Most indicators from Grom Social's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grom Social Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grom Social Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

As of the 20th of June 2024, Tax Provision is likely to grow to about 538.8 K, while Selling General Administrative is likely to drop about 6.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.6M	1.8M	776.0K	737.2K
Total Revenue	6.3M	5.4M	4.0M	5.8M

Gross Profit Total Revenue

Grom Social fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Good Will	Capital Surpluse	Intangible Assets	Property Plant Equipment
Total Assets		0.62	0.74	0.96	0.09	-0.84	0.76	0.81	0.81	0.93	0.25	0.42	0.75	0.9	0.86	0.91	0.32	-0.05	0.99	0.76	0.61	-0.72	0.67	0.83	-0.37	0.76
Other Current Liab	0.62		0.86	0.44	0.64	-0.66	0.85	0.12	0.12	0.58	0.37	0.64	0.54	0.64	0.85	0.35	0.65	0.24	0.67	0.14	-0.05	-0.31	-0.03	0.6	0.06	0.66
Total Current Liabilities	0.74	0.86		0.57	0.68	-0.68	0.86	0.24	0.24	0.74	0.2	0.33	0.53	0.68	0.94	0.43	0.78	0.38	0.8	0.33	0.17	-0.57	0.2	0.66	-0.31	0.81
Total Stockholder Equity	0.96	0.44	0.57		-0.16	-0.84	0.66	0.91	0.91	0.9	0.27	0.31	0.81	0.91	0.7	0.97	0.11	-0.26	0.93	0.77	0.72	-0.77	0.71	0.85	-0.31	0.72
Net Debt	0.09	0.64	0.68	-0.16		0.02	0.44	-0.47	-0.47	0.1	-0.27	0.29	-0.09	0.0	0.54	-0.29	0.92	0.81	0.17	-0.21	-0.24	0.11	-0.31	-0.01	-0.21	0.26
Retained Earnings	-0.84	-0.66	-0.68	-0.84	0.02		-0.84	-0.65	-0.65	-0.87	-0.66	-0.28	-0.92	-0.96	-0.69	-0.78	-0.17	0.4	-0.85	-0.4	-0.36	0.84	-0.31	-0.94	-0.07	-0.87
Accounts Payable	0.76	0.85	0.86	0.66	0.44	-0.84		0.32	0.32	0.76	0.35	0.47	0.81	0.84	0.81	0.52	0.63	-0.02	0.8	0.21	0.31	-0.65	0.09	0.83	-0.08	0.89
Cash	0.81	0.12	0.24	0.91	-0.47	-0.65	0.32		1.0	0.74	0.24	0.16	0.63	0.74	0.44	0.97	-0.25	-0.38	0.75	0.85	0.7	-0.63	0.82	0.67	-0.28	0.44
Cash And Short Term Investments	0.81	0.12	0.24	0.91	-0.47	-0.65	0.32	1.0		0.74	0.24	0.16	0.63	0.74	0.44	0.97	-0.25	-0.38	0.75	0.85	0.7	-0.63	0.82	0.67	-0.28	0.44
Net Receivables	0.93	0.58	0.74	0.9	0.1	-0.87	0.76	0.74	0.74		0.3	0.23	0.79	0.91	0.78	0.86	0.28	-0.1	0.92	0.59	0.62	-0.78	0.5	0.84	-0.2	0.76
Common Stock Shares Outstanding	0.25	0.37	0.2	0.27	-0.27	-0.66	0.35	0.24	0.24	0.3		0.0	0.48	0.48	0.17	0.28	-0.27	-0.64	0.27	-0.03	-0.33	-0.47	-0.08	0.52	0.54	0.43
Inventory	0.42	0.64	0.33	0.31	0.29	-0.28	0.47	0.16	0.16	0.23	0.0		0.28	0.31	0.53	0.32	0.3	0.13	0.44	0.18	0.15	0.18	0.15	0.16	0.06	0.14
Other Current Assets	0.75	0.54	0.53	0.81	-0.09	-0.92	0.81	0.63	0.63	0.79	0.48	0.28		0.95	0.51	0.73	0.14	-0.46	0.74	0.28	0.53	-0.81	0.18	0.93	0.12	0.85
Other Stockholder Equity	0.9	0.64	0.68	0.91	0.0	-0.96	0.84	0.74	0.74	0.91	0.48	0.31	0.95		0.71	0.85	0.22	-0.31	0.89	0.51	0.52	-0.83	0.38	0.97	-0.05	0.87
Total Liab	0.86	0.85	0.94	0.7	0.54	-0.69	0.81	0.44	0.44	0.78	0.17	0.53	0.51	0.71		0.61	0.66	0.34	0.9	0.56	0.27	-0.48	0.44	0.65	-0.38	0.7
Total Current Assets	0.91	0.35	0.43	0.97	-0.29	-0.78	0.52	0.97	0.97	0.86	0.28	0.32	0.73	0.85	0.61		-0.08	-0.31	0.87	0.81	0.7	-0.67	0.75	0.76	-0.23	0.57
Common Stock	0.32	0.65	0.78	0.11	0.92	-0.17	0.63	-0.25	-0.25	0.28	-0.27	0.3	0.14	0.22	0.66	-0.08		0.69	0.39	0.01	0.02	-0.15	-0.11	0.25	-0.45	0.5
Short Long Term Debt Total	-0.05	0.24	0.38	-0.26	0.81	0.4	-0.02	-0.38	-0.38	-0.1	-0.64	0.13	-0.46	-0.31	0.34	-0.31	0.69		-0.01	0.04	-0.14	0.37	-0.03	-0.34	-0.48	-0.12
Non Current Assets Total	0.99	0.67	0.8	0.93	0.17	-0.85	0.8	0.75	0.75	0.92	0.27	0.44	0.74	0.89	0.9	0.87	0.39	-0.01		0.72	0.55	-0.72	0.63	0.83	-0.37	0.79
Non Currrent Assets Other	0.76	0.14	0.33	0.77	-0.21	-0.4	0.21	0.85	0.85	0.59	-0.03	0.18	0.28	0.51	0.56	0.81	0.01	0.04	0.72		0.55	-0.41	0.94	0.47	-0.65	0.31
Other Assets	0.61	-0.05	0.17	0.72	-0.24	-0.36	0.31	0.7	0.7	0.62	-0.33	0.15	0.53	0.52	0.27	0.7	0.02	-0.14	0.55	0.55		-0.46	0.6	0.42	-0.41	0.32
Long Term Debt	-0.72	-0.31	-0.57	-0.77	0.11	0.84	-0.65	-0.63	-0.63	-0.78	-0.47	0.18	-0.81	-0.83	-0.48	-0.67	-0.15	0.37	-0.72	-0.41	-0.46		-0.36	-0.88	0.18	-0.88
Good Will	0.67	-0.03	0.2	0.71	-0.31	-0.31	0.09	0.82	0.82	0.5	-0.08	0.15	0.18	0.38	0.44	0.75	-0.11	-0.03	0.63	0.94	0.6	-0.36		0.31	-0.66	0.18
Capital Surpluse	0.83	0.6	0.66	0.85	-0.01	-0.94	0.83	0.67	0.67	0.84	0.52	0.16	0.93	0.97	0.65	0.76	0.25	-0.34	0.83	0.47	0.42	-0.88	0.31		-0.09	0.92
Intangible Assets	-0.37	0.06	-0.31	-0.31	-0.21	-0.07	-0.08	-0.28	-0.28	-0.2	0.54	0.06	0.12	-0.05	-0.38	-0.23	-0.45	-0.48	-0.37	-0.65	-0.41	0.18	-0.66	-0.09		-0.17
Property Plant Equipment	0.76	0.66	0.81	0.72	0.26	-0.87	0.89	0.44	0.44	0.76	0.43	0.14	0.85	0.87	0.7	0.57	0.5	-0.12	0.79	0.31	0.32	-0.88	0.18	0.92	-0.17

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Grom Social Account Relationship Matchups

Grom Social fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.3M	17.3M	37.9M	24.6M	18.1M	18.9M
Other Current Liab	2.2M	2.0M	909.4K	800.8K	2.7M	1.9M
Total Current Liabilities	8.7M	7.0M	4.8M	3.0M	4.4M	5.3M
Total Stockholder Equity	8.2M	8.6M	23.4M	18.1M	11.4M	10.2M
Net Debt	5.7M	4.0M	(2.6M)	(2.2M)	(890.8K)	(846.3K)
Retained Earnings	(50.0M)	(55.8M)	(66.4M)	(83.5M)	(96.7M)	(91.9M)
Accounts Payable	808.5K	1.1M	467.7K	839.7K	865.3K	724.8K
Cash	506.2K	120.3K	6.5M	3.9M	2.5M	1.8M
Cash And Short Term Investments	506.2K	120.3K	6.5M	3.9M	2.5M	1.8M
Net Receivables	602.0K	662.7K	1.2M	1.2M	826.1K	763.6K
Common Stock Shares Outstanding	239.98	293.27	15.0K	36.8K	854.2K	896.9K
Liabilities And Stockholders Equity	18.3M	17.3M	37.9M	24.6M	18.1M	18.9M
Inventory	29.6K	48.2K	91.4K	92.3K	43.2K	66.4K
Other Current Assets	272.8K	311.4K	265.2K	605.5K	527.5K	277.7K
Other Stockholder Equity	58.2M	64.2M	89.9M	101.7M	108.3M	64.4M
Total Liab	10.1M	8.7M	11.7M	4.3M	5.8M	8.0M
Total Current Assets	1.4M	1.1M	8.0M	5.7M	3.9M	3.1M
Common Stock	167.4K	188.4K	12.7K	2.5K	2.0K	1.9K
Short Long Term Debt Total	6.2M	4.2M	4.0M	1.6M	1.6M	1.5M
Non Current Assets Total	16.9M	16.1M	29.8M	18.9M	14.2M	17.8M
Non Currrent Assets Other	79.1K	76.2K	721.2K	79.8K	73.7K	70.0K
Other Assets	317.6K	607.7K	1.2M	1.6M	1.0	0.95
Long Term Debt	505K	993.3K	716.3K	68.2K	540.4K	513.4K
Capital Surpluse	47.9M	52.3M	58.2M	64.2M	73.9M	58.0M
Intangible Assets	6.0M	5.6M	5.1M	6.9M	7.6M	7.0M
Property Plant Equipment	1.7M	1.6M	1.2M	1.4M	1.6M	1.3M
Other Liab	227.2K	367.5K	6.0M	435.0K	500.2K	475.2K
Net Tangible Assets	(6.6M)	(5.4M)	(4.0M)	2.2M	2.5M	2.6M
Property Plant And Equipment Net	1.7M	1.6M	1.2M	1.4M	911.4K	1.4M
Current Deferred Revenue	627.1K	967.1K	404.4K	576.3K	376.6K	600.7K
Non Current Liabilities Total	1.4M	1.7M	7.0M	1.3M	1.4M	2.5M
Net Invested Capital	13.5M	12.1M	26.8M	18.7M	12.2M	17.2M
Property Plant And Equipment Gross	1.7M	1.6M	5.1M	5.7M	5.0M	3.3M
Short Long Term Debt	4.8M	2.5M	2.6M	503.5K	254.1K	241.4K
Accumulated Other Comprehensive Income	(97.6K)	(39.3K)	(30.8K)	(166.1K)	(159.6K)	(167.6K)
Non Current Liabilities Other	227.2K	367.5K	6.0M	435.0K	500.2K	475.2K
Net Working Capital	(7.3M)	(5.8M)	3.3M	2.7M	(517.4K)	(543.2K)
Short Term Debt	5.1M	2.8M	3.0M	773.1K	459.7K	436.7K

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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:

How To Invest In Grom

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Is Grom Stock a good investment?

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What is Grom Social's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grom Social Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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.

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Grom Retained Earnings vs Property Plant Equipment Analysis

Retained Earnings vs Property Plant Equipment

Retained Earnings vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Retained Earnings

Property Plant Equipment

Grom Social fundamental ratios Correlations

Grom Social Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Grom Social fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Additional Information and Resources on Investing in Grom Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Cash
Total Current Assets	+ 0.97	Cash And Short Term Investments
Capital Surpluse	+ 0.97	Other Stockholder Equity

Other Stockholder Equity	- 0.96	Retained Earnings
Capital Surpluse	- 0.94	Retained Earnings
Other Current Assets	- 0.92	Retained Earnings
Property Plant Equipment	- 0.88	Long Term Debt
Capital Surpluse	- 0.88	Long Term Debt
Property Plant Equipment	- 0.87	Retained Earnings