New Green Hemp Inc.

PINK:NGHI USA Oil & Gas Equipment & Services
Market Cap
$29.04 Million
Market Cap Rank
#44701 Global
#14140 in USA
Share Price
$1.25
Change (1 day)
+0.00%
52-Week Range
$1.25 - $1.25
All Time High
$1.25
About

New Green Hemp Inc. cultivates and sells hemp products. The company was formerly known as Galenfeha, Inc. and changed its name to New Green Hemp Inc. in December 2024. The company was incorporated in 2013 and is headquartered in Tallahassee, Florida.

New Green Hemp Inc. - Asset Resilience Ratio

Latest as of September 2024: 4.23%

New Green Hemp Inc. (NGHI) has an Asset Resilience Ratio of 4.23% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$102.00K
Cash + Short-term Investments
Total Assets
$2.41 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2018)

This chart shows how New Green Hemp Inc.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down New Green Hemp Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $102.00K 4.23%
Total Liquid Assets $102.00K 4.23%

Asset Resilience Insights

  • Limited Liquidity: New Green Hemp Inc. maintains only 4.23% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

New Green Hemp Inc. Industry Peers by Asset Resilience Ratio

Compare New Green Hemp Inc.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Jindal Drilling And Industries Limited
NSE:JINDRILL
Oil & Gas Equipment & Services 19.45%
Jutal Offshore Oil Services Ltd
PINK:JUTOF
Oil & Gas Equipment & Services 1.51%
Key Energy Services Inc
PINK:KEGX
Oil & Gas Equipment & Services 0.00%
Kodiak Gas Services, Inc.
NYSE:KGS
Oil & Gas Equipment & Services 0.02%
LandBridge Company LLC
NYSE:LB
Oil & Gas Equipment & Services 2.63%
Liberty Oilfield Services Inc
NYSE:LBRT
Oil & Gas Equipment & Services 0.00%
Likhitha Infrastructure Limited
NSE:LIKHITHA
Oil & Gas Equipment & Services 9.41%
LianDi Clean Technology Inc
PINK:LNDT
Oil & Gas Equipment & Services 0.09%

Annual Asset Resilience Ratio for New Green Hemp Inc. (2018–2018)

The table below shows the annual Asset Resilience Ratio data for New Green Hemp Inc..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 4.72% $108.15K $2.29 Million --
pp = percentage points