Hempacco Co., Inc.
Hempacco Co., Inc. engages in the manufacture and sale of smokable hemp and herb products in California. The company offers The Real Stuff hemp smokables and flavored hemp rolling papers. Hempacco Co., Inc. was incorporated in 2019 and is headquartered in San Diego, California. The company is a subsidiary of Green Globe International, Inc.
Hempacco Co., Inc. (HPCO) - Net Assets
Latest net assets as of June 2024: $-779.33K USD
Based on the latest financial reports, Hempacco Co., Inc. (HPCO) has net assets worth $-779.33K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.04 Million) and total liabilities ($18.82 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 | $-779.33K |
| % of Total Assets | -4.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 100.92 |
Hempacco Co., Inc. - Net Assets Trend (2019–2023)
This chart illustrates how Hempacco Co., 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 Hempacco Co., Inc. (2019–2023)
The table below shows the annual net assets of Hempacco Co., Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-779.33K | -110.31% |
| 2022-12-31 | $7.56 Million | +163.64% |
| 2021-12-31 | $2.87 Million | +29.02% |
| 2020-12-31 | $2.22 Million | -38.00% |
| 2019-12-31 | $3.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hempacco Co., 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 2345132100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $23.22 Million | % |
| Total Equity | $-367.81K | 100.00% |
Hempacco Co., Inc. Competitors by Market Cap
The table below lists competitors of Hempacco Co., Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INNODIS LTD
SEM:HWF
|
$4.50K |
|
Aartech Solonics Limited
NSE:AARTECH
|
$4.50K |
|
Lecico Egypt
EGX:LCSW
|
$4.50K |
|
Ben Thanh Rubber JSC
VN:BRC
|
$4.50K |
|
Innovation1 Biotech Inc
OTCQB:IVBT
|
$4.49K |
|
Optima Medical Innovations Corp
PINK:TOKIF
|
$4.49K |
|
Evolution Global Acquisition Corp Warrants
NASDAQ:EVOXW
|
$4.48K |
|
TJIWI KIMIA
MU:OB9
|
$4.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hempacco Co., Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,655,572 to -367,812, a change of -8,023,384 (-104.8%).
- Net loss of 13,126,081 reduced equity.
- New share issuances of 7,244,999 increased equity.
- Other factors decreased equity by 2,142,302.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.13 Million | -3568.69% |
| Share Issuances | $7.24 Million | +1969.76% |
| Other Changes | $-2.14 Million | -582.44% |
| Total Change | $- | -104.80% |
Book Value vs Market Value Analysis
This analysis compares Hempacco Co., 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 |
|---|---|---|---|
| 2019-12-31 | $1.56 | $0.00 | x |
| 2020-12-31 | $0.97 | $0.00 | x |
| 2021-12-31 | $1.25 | $0.00 | x |
| 2022-12-31 | $3.27 | $0.00 | x |
| 2023-12-31 | $-0.13 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hempacco Co., 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: -324.45%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-47.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.49% | 0.00% | 0.00x | 1.58x | $-411.85K |
| 2020 | -73.15% | -469.91% | 0.06x | 2.55x | $-1.85 Million |
| 2021 | -71.63% | -173.88% | 0.16x | 2.63x | $-2.35 Million |
| 2022 | -91.49% | -176.54% | 0.42x | 1.24x | $-7.77 Million |
| 2023 | 0.00% | -324.45% | 0.22x | 0.00x | $-13.09 Million |
Industry Comparison
This section compares Hempacco Co., Inc.'s net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $2,462,665,124,426
- Average return on equity (ROE) among peers: 12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hempacco Co., Inc. (HPCO) | $-779.33K | -1.49% | N/A | $4.49K |
| American Cannabis Company Inc (AMMJ) | $2.00 Million | -35.50% | 0.52x | $92.90K |
| British American Tobacco p.l.c. (BTI) | $75.71 Billion | 8.80% | 1.03x | $123.65 Billion |
| 1606 Corp. (CBDW) | $-595.05K | 0.00% | 0.00x | $850.32K |
| Charlie's Holdings Inc. (CHUC) | $-1.78 Million | 0.00% | 0.00x | $6.72 Million |
| Cartel Blue Inc (CRTL) | $877.30K | -2.10% | 0.04x | $194.76 |
| Eco-Growth Strategies Inc (ECGS) | $-8.24 Million | 0.00% | 0.00x | $1.13K |
| PT Gudang Garam Tbk (GDNGY) | $24.55 Trillion | 20.20% | 0.59x | $1.07 Billion |
| Globrands Ltd (GLBGF) | $55.62 Million | 130.79% | 3.84x | $53.17 Million |
| Greenlane Holdings Inc (GNLN) | $-11.06 Million | 0.00% | 0.00x | $946.10K |
| Gold Flora Corp (GRAMW) | $-23.58 Million | 0.00% | 0.00x | $287.49K |