Grom Social Enterprises Other Current Liabilities

Grom Social Enterprises posts a other current liabilities of $1.6M as of March 2024. That compares with $910K in the prior-year period — up 78.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Grom Social Enterprises's other current liabilities was $910K. The latest reading is $1.6M — a 78.0% year-over-year increase (period ending March 2024). Use the history and growth charts on this page for a longer lookback.

Other Current Liabilities is one piece of Grom Social Enterprises's financial statement story. At $1.6M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for GROM's other current liabilities usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Grom Social Enterprises's other metric pages and overview cover the third.

Judging Grom Social Enterprises against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in other current liabilities easier to interpret. Start with $1.6M here, then scan peer and history charts to see if the gap is persistent.