Hempstract Inc
Hempstract, Inc. produces and sells cannabidiol (CBD) and cannabigerol solutions in the United States. It offers CBD isolate powder and distillate oil. The company was formerly known as Riverdale Oil and Gas Corporation and changed its name to Hempstract, Inc. in November 2020. Hempstract, Inc. is based in Warden, Washington.
Hempstract Inc (HPST) - Net Assets
Latest net assets as of December 2024: $-1.00 Million USD
Based on the latest financial reports, Hempstract Inc (HPST) has net assets worth $-1.00 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($714.33K) and total liabilities ($1.72 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 | $-1.00 Million |
| % of Total Assets | -140.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | -115.77% |
| 10-Year Change | -10048648.55% |
| Growth Volatility | 21149.27 |
Hempstract Inc - Net Assets Trend (1998–2024)
This chart illustrates how Hempstract 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 Hempstract Inc (1998–2024)
The table below shows the annual net assets of Hempstract Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.00 Million | -324.39% |
| 2023-12-31 | $-236.54K | -106.72% |
| 2022-12-31 | $3.52 Million | -45.60% |
| 2021-12-31 | $6.47 Million | +1.74% |
| 2020-12-31 | $6.36 Million | +32431.48% |
| 2019-12-31 | $-19.68K | -7.62% |
| 2018-12-31 | $-18.29K | -4.93% |
| 2017-12-31 | $-17.43K | -407.62% |
| 2015-12-31 | $5.67K | +56616.72% |
| 2014-12-31 | $9.99 | -100.00% |
| 1998-12-31 | $570.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hempstract 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 713179200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $851.64K | % |
| Other Components | $11.36 Million | % |
| Total Equity | $-1.00 Million | 100.00% |
Hempstract Inc Competitors by Market Cap
The table below lists competitors of Hempstract Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gresham House Energy Storage Fund PLC
LSE:GRID
|
$86.79 |
|
Rosinbomb
PINK:ROSN
|
$87.03 |
|
INTERNATIONAL BREWERIES PLC
XNSA:INTBREW
|
$87.07 |
|
ODYSSEY ENERGY
BE:ODQ
|
$87.15 |
|
EVEREADY EAST AFRICA LTD
XNAI:EVREADY
|
$86.42 |
|
ICON PROPERTIES LIMITED
MSE:ICON
|
$86.30 |
|
BANK INTL INDON -A- - Dusseldorf Stock Exchang
DU:BOZA
|
$86.11 |
|
Safari World PLC
BK:SAFARI
|
$85.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hempstract Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -236,538 to -1,003,849, a change of -767,311.
- Net loss of 777,071 reduced equity.
- Other comprehensive income increased equity by 103,410.
- Other factors decreased equity by 93,650.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-777.07K | -77.41% |
| Other Comprehensive Income | $103.41K | +10.3% |
| Other Changes | $-93.65K | -9.33% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Hempstract 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 |
|---|---|---|---|
| 1998-12-31 | $0.00 | $0.01 | x |
| 2014-12-31 | $0.00 | $0.01 | x |
| 2015-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.07 | $0.01 | x |
| 2021-12-31 | $0.07 | $0.01 | x |
| 2022-12-31 | $0.04 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
| 2024-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hempstract 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 (-72.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -637.14% | -43.02% | 2.45x | 6.04x | $-3.69 Million |
| 2014 | 14.91% | 6.65% | 0.40x | 5.57x | $0.49 |
| 2015 | -0.08% | -35.35% | 0.00x | 7.19x | $-571.04 |
| 2017 | 0.00% | -30.94% | 0.27x | 0.00x | $-373.00 |
| 2018 | 0.00% | -39.57% | 0.11x | 0.00x | $969.90 |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $574.30 |
| 2020 | -85.15% | 0.00% | 0.00x | 1.04x | $-6.06 Million |
| 2021 | -5.32% | 0.00% | 0.00x | 1.02x | $-992.13K |
| 2022 | -83.81% | 0.00% | 0.00x | 1.11x | $-3.30 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.31 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-676.69K |
Industry Comparison
This section compares Hempstract Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hempstract Inc (HPST) | $-1.00 Million | -637.14% | N/A | $86.77 |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |