MJNE Financial Statements From 2010 to 2025
| MJNE Stock | USD 0.0001 0.00 0.00% |
Check MJ Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MJ Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . MJNE financial statements analysis is a perfect complement when working with MJ Holdings Valuation or Volatility modules.
MJNE |
MJ Holdings Company Return On Asset Analysis
MJ Holdings' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current MJ Holdings Return On Asset | -0.45 |
Most of MJ Holdings' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MJ Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, MJ Holdings has a Return On Asset of -0.4459. This is 94.9% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The return on asset for all United States stocks is notably higher than that of the company.
MJ Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MJ Holdings's current stock value. Our valuation model uses many indicators to compare MJ Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MJ Holdings competition to find correlations between indicators driving MJ Holdings's intrinsic value. More Info.MJ Holdings is regarded second in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MJ Holdings' earnings, one of the primary drivers of an investment's value.About MJ Holdings Financial Statements
MJ Holdings stakeholders use historical fundamental indicators, such as MJ Holdings' revenue or net income, to determine how well the company is positioned to perform in the future. Although MJ Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in MJ Holdings' assets and liabilities are reflected in the revenues and expenses on MJ Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MJ Holdings. Please read more on our technical analysis and fundamental analysis pages.
MJ Holdings, Inc., a cannabis holding company, engages in cultivation management, asset, and infrastructure development business in Nevada. The company was incorporated in 2006 and is based in Las Vegas, Nevada. Mj Holdings operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 9 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in MJNE Pink Sheet
MJ Holdings financial ratios help investors to determine whether MJNE Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MJNE with respect to the benefits of owning MJ Holdings security.