The Hash Corporation
Street Capital Inc. focuses on the production and sale of cannabis-based hashish and other cannabis products in Canada. It applies its separation and curing techniques to produce a suite of cannabis resin products, which are natural and free of additives. The company was formerly known as The Hash Corporation and changed its name to Street Capital Inc. in November 2024. Street Capital Inc. was in… Read more
The Hash Corporation (REZNF) - Net Assets
Latest net assets as of September 2024: $-550.15K USD
Based on the latest financial reports, The Hash Corporation (REZNF) has net assets worth $-550.15K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($283.48K) and total liabilities ($833.62K). 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 | $-550.15K |
| % of Total Assets | -194.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -116.22% |
| 10-Year Change | N/A |
| Growth Volatility | 15888.61 |
The Hash Corporation - Net Assets Trend (2013–2023)
This chart illustrates how The Hash Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Hash Corporation (2013–2023)
The table below shows the annual net assets of The Hash Corporation from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-396.22K | -3084.82% |
| 2022-12-31 | $-12.44K | -101.07% |
| 2021-12-31 | $1.16 Million | -42.81% |
| 2020-12-31 | $2.04 Million | -16.67% |
| 2019-12-31 | $2.44 Million | +36639.60% |
| 2018-12-31 | $6.65K | +104.17% |
| 2017-12-31 | $-159.57K | +54.57% |
| 2016-12-31 | $-351.27K | -12.15% |
| 2015-12-31 | $-313.21K | -35.72% |
| 2014-12-31 | $-230.77K | +47.56% |
| 2013-12-31 | $-440.05K | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Hash Corporation'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 1097430500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.97 Million | % |
| Other Components | $2.08 Million | % |
| Total Equity | $-396.22K | 100.00% |
The Hash Corporation Competitors by Market Cap
The table below lists competitors of The Hash Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pioneer Municipal High Income Trust
NYSE:MHI
|
$84.27K |
|
Puig Brands SA
NYSE:PUGBY
|
$84.27K |
|
SUZB3F
SA:SUZB3F
|
$84.30K |
|
Advanced Oxygen Technologies Inc
PINK:AOXY
|
$84.32K |
|
Wittering Capital Corp.
V:WITT-P
|
$84.09K |
|
Penta-Ocean Construction Co. Ltd
BE:PO6
|
$84.07K |
|
ECOTEL COMMUNCAT - Dusseldorf Stock Exchang
DU:E4C
|
$84.05K |
|
PITNEY BOWES - Dusseldorf Stock Exchang
DU:PBW
|
$84.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Hash Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -12,441 to -396,223, a change of -383,782.
- Net loss of 420,000 reduced equity.
- Other comprehensive income decreased equity by 98,948.
- Other factors increased equity by 135,166.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-420.00K | -106.0% |
| Other Comprehensive Income | $-98.95K | -24.97% |
| Other Changes | $135.17K | +34.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares The Hash Corporation'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 |
|---|---|---|---|
| 2013-12-31 | $-0.26 | $0.00 | x |
| 2014-12-31 | $-0.08 | $0.00 | x |
| 2015-12-31 | $-0.11 | $0.00 | x |
| 2016-12-31 | $-0.13 | $0.00 | x |
| 2017-12-31 | $-0.06 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.01 | $0.00 | x |
| 2020-12-31 | $0.01 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Hash Corporation 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: -75.82%
- • Asset Turnover: 2.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-423.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-180.99K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-222.92K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-51.12K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.93K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $207.65K |
| 2018 | -4075.80% | 0.00% | 0.00x | 15.90x | $-271.66K |
| 2019 | -83.56% | 0.00% | 0.00x | 1.10x | $-2.29 Million |
| 2020 | -99.28% | -2207.30% | 0.04x | 1.11x | $-2.22 Million |
| 2021 | -398.30% | -560.63% | 0.59x | 1.21x | $-4.75 Million |
| 2022 | 0.00% | -174.90% | 1.60x | 0.00x | $-1.41 Million |
| 2023 | 0.00% | -75.82% | 2.12x | 0.00x | $-380.38K |
Industry Comparison
This section compares The Hash Corporation'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 |
|---|---|---|---|---|
| The Hash Corporation (REZNF) | $-550.15K | 0.00% | N/A | $84.13K |
| 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 |