New Green Hemp Inc.
New Green Hemp Inc. cultivates and sells hemp products. The company was formerly known as Galenfeha, Inc. and changed its name to New Green Hemp Inc. in December 2024. The company was incorporated in 2013 and is headquartered in Tallahassee, Florida.
New Green Hemp Inc. (NGHI) - Total Liabilities
Latest total liabilities as of September 2024: $2.39 Million USD
Based on the latest financial reports, New Green Hemp Inc. (NGHI) has total liabilities worth $2.39 Million USD as of September 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
New Green Hemp Inc. - Total Liabilities Trend (2013–2023)
This chart illustrates how New Green Hemp Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
New Green Hemp Inc. Competitors by Total Liabilities
The table below lists competitors of New Green Hemp Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
A-SPINE Asia Co., Ltd.
TWO:6758
|
Taiwan | NT$268.46 Million |
|
Hanoi Beer Alcohol and Beverage JSC
VN:BHN
|
Vietnam | ₫2.14 Trillion |
|
Wellness Center Usa
PINK:WCUI
|
USA | $4.36 Million |
|
HOPHD
PINK:HOPHD
|
USA | $3.32 Million |
Liability Composition Analysis (2013–2023)
This chart breaks down New Green Hemp Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.62 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 90.88 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.99 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how New Green Hemp Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for New Green Hemp Inc. (2013–2023)
The table below shows the annual total liabilities of New Green Hemp Inc. from 2013 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $35.64K | -83.19% |
| 2022-12-31 | $211.95K | +41.30% |
| 2021-12-31 | $150.00K | -67.11% |
| 2020-12-31 | $456.00K | +446.11% |
| 2019-12-31 | $83.50K | -96.39% |
| 2018-12-31 | $2.31 Million | +1790.38% |
| 2017-12-31 | $122.38K | -77.19% |
| 2016-12-31 | $536.49K | -20.17% |
| 2015-12-31 | $672.07K | +203.58% |
| 2014-12-31 | $221.38K | +4173.69% |
| 2013-12-31 | $5.18K | -- |