Pure Harvest Cannabis Group Inc
Pure Harvest Corporate Group, Inc. focuses on the acquisition and operation of licensed medical and recreational marijuana dispensaries, cultivation facilities, and production facilities. It also focuses on providing cannabis and hemp-derived health and wellness products; and applying education, research and development, and technology to various sectors. The company was formerly known as Pure Ha… Read more
Pure Harvest Cannabis Group Inc (PHCG) - Net Assets
Latest net assets as of June 2025: $-2.75 Million USD
Based on the latest financial reports, Pure Harvest Cannabis Group Inc (PHCG) has net assets worth $-2.75 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 ($1.61K) and total liabilities ($2.76 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 | $-2.75 Million |
| % of Total Assets | -170777.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -343.38% |
| 10-Year Change | N/A |
| Growth Volatility | 84.01 |
Pure Harvest Cannabis Group Inc - Net Assets Trend (2015–2024)
This chart illustrates how Pure Harvest Cannabis 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 Pure Harvest Cannabis Group Inc (2015–2024)
The table below shows the annual net assets of Pure Harvest Cannabis Group Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-8.23 Million | -634.46% |
| 2022-12-31 | $-1.12 Million | +3.32% |
| 2021-12-31 | $-1.16 Million | -128.84% |
| 2020-12-31 | $4.02 Million | +18.84% |
| 2019-12-31 | $3.38 Million | +2557.92% |
| 2018-12-31 | $-137.62K | +32.91% |
| 2017-12-31 | $-205.12K | -195.25% |
| 2016-12-31 | $215.35K | -26.82% |
| 2015-12-31 | $294.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pure Harvest Cannabis 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 3043017200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.53 Million | % |
| Other Components | $20.95 Million | % |
| Total Equity | $-8.23 Million | 100.00% |
Pure Harvest Cannabis Group Inc Competitors by Market Cap
The table below lists competitors of Pure Harvest Cannabis Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rockpoint Gas Storage Inc
TO:RGSI
|
$190.41K |
|
Sydinv Formue Balance Akk A
CO:SYVFBAKKA
|
$190.48K |
|
AAUM
BATS:AAUM
|
$190.49K |
|
Gabelli Global Utility & Income Tr
NYSE MKT:GLU
|
$190.69K |
|
Strive Total Return Bond ETF
NYSE:STXT
|
$190.20K |
|
HORMEL FOODS - Dusseldorf Stock Exchang
DU:HO7
|
$190.20K |
|
HANCOCK WHITNEY SU.NTS 25
F:HH10
|
$190.18K |
|
OBAYASHI - Dusseldorf Stock Exchang
DU:OBA
|
$190.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pure Harvest Cannabis Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from -1,120,892 to -8,232,485, a change of -7,111,593.
- Net loss of 709,000 reduced equity.
- Other comprehensive income decreased equity by 2,500.
- Other factors decreased equity by 6,400,093.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-709.00K | -8.61% |
| Other Comprehensive Income | $-2.50K | -0.03% |
| Other Changes | $-6.40 Million | -77.74% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Pure Harvest Cannabis 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 |
|---|---|---|---|
| 2015-12-31 | $0.02 | $0.00 | x |
| 2016-12-31 | $0.02 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $0.10 | $0.00 | x |
| 2020-12-31 | $0.08 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
| 2022-12-31 | $-0.01 | $0.00 | x |
| 2024-12-31 | $-0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pure Harvest Cannabis 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 (-27.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -18.42% | -53.92% | 0.34x | 1.01x | $-83.64K |
| 2016 | -36.64% | -96.36% | 0.37x | 1.02x | $-100.45K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-184.63K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.41K |
| 2019 | -33.55% | -2943.88% | 0.01x | 1.42x | $-1.47 Million |
| 2020 | -157.89% | -862.73% | 0.07x | 2.75x | $-6.75 Million |
| 2021 | 0.00% | -551.10% | 0.29x | 0.00x | $-13.87 Million |
| 2022 | 0.00% | -127.14% | 0.14x | 0.00x | $-1.54 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $114.25K |
Industry Comparison
This section compares Pure Harvest Cannabis 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: $439,452,927
- Average return on equity (ROE) among peers: -31.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pure Harvest Cannabis Group Inc (PHCG) | $-2.75 Million | -18.42% | N/A | $190.39K |
| Ascend Wellness Holdings Inc (AAWH) | $71.80 Million | -118.37% | 11.54x | $48.90 Million |
| AB Science S.A (ABSCF) | $-21.01 Million | 0.00% | 0.00x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $-294.68K | 0.00% | 0.00x | $603.58K |
| Aurora Cannabis Inc (ACB) | $521.74 Million | -156.52% | 0.78x | $195.20 Million |
| Acreage Holdings Inc (ACRDF) | $494.79 Million | -30.37% | 0.40x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $29.91 Million | 0.00% | 0.07x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.72 Million | -18.78% | 0.11x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $20.08 Million | -10.91% | 0.33x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $21.19 Million | 12.93% | 1.96x | $1.85 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.25 Billion | 5.19% | 0.72x | $85.61 Million |