Global Hemp Group Inc
Global Hemp Group Inc. engages in health and wellness, and industrial hemp businesses. The Industrial Hemp division primarily focuses on the environmental uses of hemp for construction and bio-energy sources for carbon-negative footprint. The Health and Wellness Division focuses on the acquisition of exclusive licensing of patents and IP for the commercialization of hemp formulations that have be… Read more
Global Hemp Group Inc (GBHPF) - Total Assets
Latest total assets as of June 2024: $38.65K USD
Based on the latest financial reports, Global Hemp Group Inc (GBHPF) holds total assets worth $38.65K USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Global Hemp Group Inc - Total Assets Trend (2010–2023)
This chart illustrates how Global Hemp Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Global Hemp Group Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Global Hemp Group Inc's total assets of $38.65K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.5% |
| Accounts Receivable | $10.65K | 24.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2023)
This chart illustrates how Global Hemp Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Global Hemp Group Inc's current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2010.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2023, up from 0.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 24.9% of total assets.
Global Hemp Group Inc Competitors by Total Assets
Key competitors of Global Hemp Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Biostar Pharmaceuticals Inc
PINK:BSPM
|
USA | $41.43 Million |
|
High Sierra Technologies Inc
PINK:HSTI
|
USA | $10.70K |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
China | CN¥12.75 Billion |
Global Hemp Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Global Hemp Group Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Global Hemp Group Inc is currently not profitable relative to its asset base.
Global Hemp Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.02 | 0.15 | 1.18 |
| Quick Ratio | 0.02 | 0.15 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.71 Million | $ -857.20K | $ 78.91K |
Global Hemp Group Inc - Advanced Valuation Insights
This section examines the relationship between Global Hemp Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.17 |
| Latest Market Cap to Assets Ratio | 2.90 |
| Asset Growth Rate (YoY) | -58.5% |
| Total Assets | $42.76K |
| Market Capitalization | $123.89K USD |
Valuation Analysis
Premium Asset Valuation: The market values Global Hemp Group Inc's assets at a significant premium ( 2.90x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Global Hemp Group Inc's assets decreased by 58.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Global Hemp Group Inc (2010–2023)
The table below shows the annual total assets of Global Hemp Group Inc from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $42.76K | -58.45% |
| 2022-09-30 | $102.92K | -97.43% |
| 2021-09-30 | $4.00 Million | +65.00% |
| 2020-09-30 | $2.42 Million | +33.91% |
| 2019-09-30 | $1.81 Million | -21.02% |
| 2018-09-30 | $2.29 Million | +4124.79% |
| 2017-09-30 | $54.24K | +482.65% |
| 2016-09-30 | $9.31K | -75.22% |
| 2015-09-30 | $37.57K | -97.51% |
| 2014-09-30 | $1.51 Million | +185441.26% |
| 2013-09-30 | $812.00 | -95.04% |
| 2012-09-30 | $16.37K | -64.44% |
| 2011-09-30 | $46.04K | -95.89% |
| 2010-09-30 | $1.12 Million | -- |