MDJM Return On Assets from 2010 to 2024

MDJH Stock  USD 0.17  0  0.59%   
MDJM's Return On Assets are decreasing with slightly volatile movements from year to year. Return On Assets are estimated to finish at -0.28 this year. Return On Assets is a profitability ratio that indicates the percentage of profit MDJM earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.29)
Current Value
(0.28)
Quarterly Volatility
0.23499547
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MDJM financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MDJM's main balance sheet or income statement drivers, such as Tax Provision of 10.3 K, Net Interest Income of 16.4 K or Interest Income of 2.3 K, as well as many indicators such as Price To Sales Ratio of 140, Dividend Yield of 0.0 or PTB Ratio of 7.72. MDJM financial statements analysis is a perfect complement when working with MDJM Valuation or Volatility modules.
  
Check out the analysis of MDJM Correlation against competitors.
For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.

Latest MDJM's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of MDJM over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. MDJM's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MDJM's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

MDJM Return On Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation600.65
Mean Deviation0.20
Median0.22
Standard Deviation0.23
Sample Variance0.06
Range0.61
R-Value(0.88)
Mean Square Error0.01
R-Squared0.78
Significance0.000013
Slope(0.05)
Total Sum of Squares0.77

MDJM Return On Assets History

2024 -0.28
2023 -0.29
2022 -0.38
2021 -0.27
2020 0.024
2019 0.0317
2018 -0.058

About MDJM Financial Statements

Investors use fundamental indicators, such as MDJM's Return On Assets, to determine how well the company is positioned to perform in the future. Although MDJM's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Assets(0.29)(0.28)

Currently Active Assets on Macroaxis

When determining whether MDJM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MDJM's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mdjm Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mdjm Stock:
Check out the analysis of MDJM Correlation against competitors.
For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MDJM. If investors know MDJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MDJM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
(0.14)
Revenue Per Share
0.01
Quarterly Revenue Growth
(0.75)
Return On Assets
(0.26)
The market value of MDJM is measured differently than its book value, which is the value of MDJM that is recorded on the company's balance sheet. Investors also form their own opinion of MDJM's value that differs from its market value or its book value, called intrinsic value, which is MDJM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MDJM's market value can be influenced by many factors that don't directly affect MDJM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MDJM's value and its price as these two are different measures arrived at by different means. Investors typically determine if MDJM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDJM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.