Global Hemp Group Inc
Global Hemp Group Inc. engages in health and wellness, and industrial hemp businesses. The Industrial Hemp division primarily focuses on the environmental uses of hemp for construction and bio-energy sources for carbon-negative footprint. The Health and Wellness Division focuses on the acquisition of exclusive licensing of patents and IP for the commercialization of hemp formulations that have be… Read more
Global Hemp Group Inc (GBHPF) - Net Assets
Latest net assets as of June 2024: $-6.09 Million USD
Based on the latest financial reports, Global Hemp Group Inc (GBHPF) has net assets worth $-6.09 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($38.65K) and total liabilities ($6.13 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-6.09 Million |
| % of Total Assets | -15758.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | -525.42% |
| 10-Year Change | N/A |
| Growth Volatility | 2824.8 |
Global Hemp Group Inc - Net Assets Trend (2010–2023)
This chart illustrates how Global Hemp Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Hemp Group Inc (2010–2023)
The table below shows the annual net assets of Global Hemp Group Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-5.78 Million | -61.33% |
| 2022-09-30 | $-3.58 Million | -163.21% |
| 2021-09-30 | $-1.36 Million | -248.88% |
| 2020-09-30 | $914.63K | -32.71% |
| 2019-09-30 | $1.36 Million | -20.30% |
| 2018-09-30 | $1.71 Million | +387.18% |
| 2017-09-30 | $-593.81K | -24.69% |
| 2016-09-30 | $-476.23K | +15.13% |
| 2015-09-30 | $-561.12K | -557.99% |
| 2014-09-30 | $-85.28K | -177.07% |
| 2013-09-30 | $-30.78K | +73.14% |
| 2012-09-30 | $-114.58K | -7159.52% |
| 2011-09-30 | $1.62K | -99.85% |
| 2010-09-30 | $1.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Hemp Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2259825600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.57 Million | % |
| Other Comprehensive Income | $6.74 Million | % |
| Other Components | $18.00K | % |
| Total Equity | $-5.78 Million | 100.00% |
Global Hemp Group Inc Competitors by Market Cap
The table below lists competitors of Global Hemp Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATEA (MKL.SG)
STU:MKL
|
$123.93K |
|
J M AB
BE:JMM
|
$124.05K |
|
Cbd Life Sciences Inc
PINK:CBDL
|
$124.07K |
|
AngioSoma Inc
PINK:GSTC
|
$124.11K |
|
Inter Residence Fundo DE Investimento Imobiliario FII
SA:INRD11
|
$123.88K |
|
Unico American Corporation
PINK:UNAM
|
$123.70K |
|
SOLM
BATS:SOLM
|
$123.69K |
|
Investeringsforeningen Danske Invest - Mix Obligationer KL
CO:DKIMOB
|
$123.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Hemp Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,584,160 to -5,782,383, a change of -2,198,223.
- Net loss of 2,581,000 reduced equity.
- New share issuances of 26,000 increased equity.
- Other comprehensive income increased equity by 29,514.
- Other factors increased equity by 327,263.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.58 Million | -44.64% |
| Share Issuances | $26.00K | +0.45% |
| Other Comprehensive Income | $29.51K | +0.51% |
| Other Changes | $327.26K | +5.66% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Global Hemp Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-09-30 | $0.07 | $0.01 | x |
| 2011-09-30 | $0.00 | $0.01 | x |
| 2012-09-30 | $-0.01 | $0.01 | x |
| 2013-09-30 | $0.00 | $0.01 | x |
| 2014-09-30 | $-0.01 | $0.01 | x |
| 2015-09-30 | $-0.04 | $0.01 | x |
| 2016-09-30 | $-0.03 | $0.01 | x |
| 2017-09-30 | $-0.04 | $0.01 | x |
| 2018-09-30 | $0.11 | $0.01 | x |
| 2019-09-30 | $0.08 | $0.01 | x |
| 2020-09-30 | $0.06 | $0.01 | x |
| 2021-09-30 | $-0.09 | $0.01 | x |
| 2022-09-30 | $-0.23 | $0.01 | x |
| 2023-09-30 | $-0.37 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Hemp Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1776.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -48.40% | 0.00% | 0.00x | 1.05x | $-623.34K |
| 2011 | -24399.26% | 0.00% | 0.00x | 28.37x | $-396.16K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-104.74K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.13K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.61 Million |
| 2015 | 0.00% | -4081.81% | 0.31x | 0.00x | $-426.89K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.32K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-754.14K |
| 2018 | -91.08% | 0.00% | 0.00x | 1.33x | $-1.74 Million |
| 2019 | -206.49% | -103208.81% | 0.00x | 1.40x | $-2.80 Million |
| 2020 | -132.62% | -4397.25% | 0.01x | 2.53x | $-1.37 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.90 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.81 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.00 Million |
Industry Comparison
This section compares Global Hemp Group Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Hemp Group Inc (GBHPF) | $-6.09 Million | -48.40% | N/A | $123.89K |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |