GSRX Industries Inc
GSRX Industries Inc., through its subsidiaries, engages in acquiring, developing, and operating retail cannabis dispensaries. It operates five cannabis dispensaries under the Green Spirit RX name in Puerto Rico; and a dispensary under The Green Room name in California. The company also owns and operates GetPureAndNatural.com, an e-commerce site that offers a range of hemp extract products. In add… Read more
GSRX Industries Inc (GSRX) - Net Assets
Latest net assets as of December 2020: $2.58 Million USD
Based on the latest financial reports, GSRX Industries Inc (GSRX) has net assets worth $2.58 Million USD as of December 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.59 Million) and total liabilities ($3.00 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 | $2.58 Million |
| % of Total Assets | 46.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 25.57 |
GSRX Industries Inc - Net Assets Trend (2006–2019)
This chart illustrates how GSRX Industries 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 GSRX Industries Inc (2006–2019)
The table below shows the annual net assets of GSRX Industries Inc from 2006 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $4.46 Million | -43.36% |
| 2018-12-31 | $7.88 Million | +7.79% |
| 2017-12-31 | $7.31 Million | +1274.73% |
| 2016-12-31 | $-622.02K | -16.49% |
| 2015-12-31 | $-533.99K | -7056.06% |
| 2007-12-31 | $-7.46K | -2684.33% |
| 2006-12-31 | $-268.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to GSRX Industries 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 7857497100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $81.80K | 1.77% |
| Other Comprehensive Income | $-264.58K | -5.73% |
| Other Components | $83.38 Million | 1807.09% |
| Total Equity | $4.61 Million | 100.00% |
GSRX Industries Inc Competitors by Market Cap
The table below lists competitors of GSRX Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUBB Ventures Inc
PINK:HUBV
|
$1.09K |
|
Berjaya Philippines Inc
PSE:BCOR
|
$1.09K |
|
PERUSAHAAN GAS -B-
MU:PGB1
|
$1.09K |
|
Viet Nam Herbs and Foods JSC
VN:VHE
|
$1.09K |
|
Carebook Technologies Inc
PINK:CRBKF
|
$1.08K |
|
MBG Group JSC
VN:MBG
|
$1.08K |
|
NATIONAL BREWERIES PLC
LUSE:NATBREW
|
$1.08K |
|
Frontier IP Group Plc
LSE:FIPP
|
$1.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GSRX Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 7,474,354 to 4,613,816, a change of -2,860,538 (-38.3%).
- Net loss of 36,257,003 reduced equity.
- New share issuances of 1,183,000 increased equity.
- Other comprehensive income decreased equity by 156,160.
- Other factors increased equity by 32,369,625.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.26 Million | -785.84% |
| Share Issuances | $1.18 Million | +25.64% |
| Other Comprehensive Income | $-156.16K | -3.38% |
| Other Changes | $32.37 Million | +701.58% |
| Total Change | $- | -38.27% |
Book Value vs Market Value Analysis
This analysis compares GSRX Industries 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
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $-0.03 | $0.00 | x |
| 2008-12-31 | $-0.14 | $0.00 | x |
| 2009-12-31 | $-0.38 | $0.00 | x |
| 2010-12-31 | $-0.64 | $0.00 | x |
| 2011-12-31 | $-0.91 | $0.00 | x |
| 2012-12-31 | $-1.19 | $0.00 | x |
| 2013-12-31 | $-1.50 | $0.00 | x |
| 2014-12-31 | $-1.82 | $0.00 | x |
| 2015-12-31 | $-2.16 | $0.00 | x |
| 2016-12-31 | $-2.51 | $0.00 | x |
| 2017-12-31 | $0.37 | $0.00 | x |
| 2018-12-31 | $0.17 | $0.00 | x |
| 2019-12-31 | $0.07 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GSRX Industries 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): -785.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -329.48%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 1.74x
- Recent ROE (-785.84%) is below the historical average (-97.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.24K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.50K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.10K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-49.96K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.57K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.74K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-40.35K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.33K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-34.50K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.78K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.84K |
| 2017 | -356.95% | 0.00% | 0.00x | 1.03x | $-26.81 Million |
| 2018 | -217.27% | -605.60% | 0.31x | 1.15x | $-16.99 Million |
| 2019 | -785.84% | -329.48% | 1.37x | 1.74x | $-36.72 Million |
Industry Comparison
This section compares GSRX Industries 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 |
|---|---|---|---|---|
| GSRX Industries Inc (GSRX) | $2.58 Million | 0.00% | 1.16x | $1.08K |
| 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 |