New Green Hemp Inc.
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
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
Total Assets
Resilience Assessment
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 | -- |