GB Sciences Inc
GB Sciences, Inc., a plant-based research and biopharmaceutical drug development company. The company offers cannabis inspired medicines and complex therapeutic mixtures for the prescription drug market. Its intellectual property covers a range of medical conditions and programs in pre-clinical animal stage for Parkinson's disease, neuropathic pain, chronic pain, cytokine release syndrome, stress… Read more
GB Sciences Inc (GBLX) - Net Assets
Latest net assets as of June 2025: $-5.88 Million USD
Based on the latest financial reports, GB Sciences Inc (GBLX) has net assets worth $-5.88 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($94.47K) and total liabilities ($5.97 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 | $-5.88 Million |
| % of Total Assets | -6224.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -2257.23% |
| Growth Volatility | 334.32 |
GB Sciences Inc - Net Assets Trend (2003–2024)
This chart illustrates how GB Sciences 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 GB Sciences Inc (2003–2024)
The table below shows the annual net assets of GB Sciences Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $-5.31 Million | -20.57% |
| 2023-03-31 | $-4.41 Million | -147.21% |
| 2022-03-31 | $-1.78 Million | -20.96% |
| 2021-03-31 | $-1.47 Million | -1565.57% |
| 2020-03-31 | $-88.49K | -100.52% |
| 2019-03-31 | $17.16 Million | +9.75% |
| 2018-03-31 | $15.63 Million | +85.99% |
| 2017-03-31 | $8.40 Million | +525.61% |
| 2016-03-31 | $-1.97 Million | -901.64% |
| 2015-03-31 | $246.34K | +124.31% |
| 2014-03-31 | $-1.01 Million | +14.82% |
| 2013-03-31 | $-1.19 Million | +2.95% |
| 2012-03-31 | $-1.23 Million | +6.79% |
| 2011-03-31 | $-1.32 Million | -63.94% |
| 2010-03-31 | $-802.18K | -125.79% |
| 2009-03-31 | $-355.28K | -64.23% |
| 2008-03-31 | $-216.33K | -20.43% |
| 2007-03-31 | $-179.63K | -73.76% |
| 2006-03-31 | $-103.38K | -458.69% |
| 2005-03-31 | $28.82K | +260.58% |
| 2004-03-31 | $-17.95K | -219.60% |
| 2003-03-31 | $15.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GB Sciences 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 10992630200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $40.72K | % |
| Other Components | $104.71 Million | % |
| Total Equity | $-5.31 Million | 100.00% |
GB Sciences Inc Competitors by Market Cap
The table below lists competitors of GB Sciences Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Strata Power Corp
PINK:SPOWF
|
$120.51K |
|
ISETAN MITSUKOSHI H
BE:4HP
|
$120.59K |
|
BIDVEST
MU:NQL1
|
$120.84K |
|
QSX
BATS:QSX
|
$120.85K |
|
Decklar Resources Inc
PINK:DKLRF
|
$120.50K |
|
MCNB Banks Inc
PINK:MKIN
|
$120.48K |
|
AMICUS THERA
BE:AM6
|
$120.45K |
|
Lithium Energi Exploration Inc
PINK:LXENF
|
$120.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GB Sciences Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,407,383 to -5,314,115, a change of -906,732.
- Net loss of 1,362,000 reduced equity.
- Other factors increased equity by 455,268.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.36 Million | -25.63% |
| Other Changes | $455.27K | +8.57% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GB Sciences 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 |
|---|---|---|---|
| 2003-03-31 | $0.33 | $0.00 | x |
| 2004-03-31 | $-0.39 | $0.00 | x |
| 2005-03-31 | $0.63 | $0.00 | x |
| 2006-03-31 | $-2.22 | $0.00 | x |
| 2007-03-31 | $-2.37 | $0.00 | x |
| 2008-03-31 | $-2.44 | $0.00 | x |
| 2009-03-31 | $-4.01 | $0.00 | x |
| 2010-03-31 | $-1.04 | $0.00 | x |
| 2011-03-31 | $-1.86 | $0.00 | x |
| 2012-03-31 | $-0.41 | $0.00 | x |
| 2013-03-31 | $-0.11 | $0.00 | x |
| 2014-03-31 | $-0.09 | $0.00 | x |
| 2015-03-31 | $0.02 | $0.00 | x |
| 2016-03-31 | $-0.04 | $0.00 | x |
| 2017-03-31 | $0.11 | $0.00 | x |
| 2018-03-31 | $0.10 | $0.00 | x |
| 2019-03-31 | $0.04 | $0.00 | x |
| 2020-03-31 | $0.00 | $0.00 | x |
| 2021-03-31 | $-0.01 | $0.00 | x |
| 2022-03-31 | $-0.01 | $0.00 | x |
| 2023-03-31 | $-0.01 | $0.00 | x |
| 2024-03-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GB Sciences 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 (-179.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -503.12% | -124.83% | 3.66x | 1.10x | $-77.00K |
| 2004 | 0.00% | -151.49% | 4.34x | 0.00x | $-69.43K |
| 2005 | -1306.29% | 0.00% | 0.00x | 1.91x | $-379.37K |
| 2006 | 0.00% | -815.54% | 0.39x | 0.00x | $-434.89K |
| 2007 | 0.00% | -27.41% | 5.38x | 0.00x | $-540.04K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-73.11K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-103.94K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.88 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-453.49K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $107.82K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $155.12K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-554.66K |
| 2015 | -1552.94% | 0.00% | 0.00x | 2.92x | $-7.77 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.58 Million |
| 2017 | -119.01% | 0.00% | 0.00x | 1.56x | $-10.74 Million |
| 2018 | -180.21% | -915.30% | 0.10x | 1.89x | $-24.25 Million |
| 2019 | -284.97% | -684.60% | 0.12x | 3.62x | $-24.48 Million |
| 2020 | 0.00% | -396.48% | 0.22x | 0.00x | $-12.37 Million |
| 2021 | 0.00% | -119.37% | 0.29x | 0.00x | $-3.58 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-352.71K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.68 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-830.59K |
Industry Comparison
This section compares GB Sciences Inc's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $59,082,939
- Average return on equity (ROE) among peers: -341.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GB Sciences Inc (GBLX) | $-5.88 Million | -503.12% | N/A | $120.50K |
| Aadi Bioscience Inc (AADI) | $-124.24K | 0.00% | 0.00x | $17.03 Million |
| America Great Health (AAGH) | $-992.37K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $70.63 Million | -1310.51% | 34.40x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $59.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $196.01 Million | -75.37% | 0.67x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $10.25 Million | -21.57% | 1.29x | $738.02 Million |
| Abeona Therapeutics Inc (ABEO) | $489.00K | -1919.02% | 38.85x | $202.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $188.78 Million | -22.70% | 0.04x | $108.65 Million |
| Abpro Holdings, Inc. (ABP) | $-22.46 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $176.18 Million | -62.76% | 0.23x | $345.85 Million |