MDJM Total Assets vs Non Current Assets Total Analysis
MDJH Stock | USD 0.16 0.01 5.88% |
MDJM financial indicator trend analysis is infinitely more than just investigating MDJM recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MDJM is a good investment. Please check the relationship between MDJM Total Assets and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.
Total Assets vs Non Current Assets Total
Total Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MDJM Total Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MDJM's Total Assets and Non Current Assets Total is -0.08. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of MDJM, assuming nothing else is changed. The correlation between historical values of MDJM's Total Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of MDJM are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Assets i.e., MDJM's Total Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of MDJM assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MDJM books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from MDJM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MDJM current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.As of now, MDJM's Sales General And Administrative To Revenue is increasing as compared to previous years. The MDJM's current Enterprise Value is estimated to increase to about 26.8 M, while Tax Provision is projected to decrease to under 10.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5M | 450.6K | 144.9K | 137.6K | Total Revenue | 4.5M | 450.6K | 144.9K | 137.6K |
MDJM fundamental ratios Correlations
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MDJM Account Relationship Matchups
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MDJM fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.4M | 10.8M | 8.4M | 5.6M | 4.0M | 5.7M | |
Other Current Liab | 497.1K | 1.1M | 1.0M | 313.1K | 102.0K | 96.9K | |
Total Current Liabilities | 686.5K | 1.5M | 1.4M | 705.9K | 122.0K | 115.9K | |
Total Stockholder Equity | 8.7M | 9.3M | 7.0M | 4.9M | 3.9M | 6.9M | |
Net Tangible Assets | 8.7M | 9.3M | 7.0M | 4.9M | 5.7M | 7.3M | |
Property Plant And Equipment Net | 462.0K | 385.5K | 273.1K | 3.1M | 3.3M | 3.5M | |
Net Debt | (6.2M) | (5.8M) | (5.5M) | (1.1M) | (503.5K) | (528.7K) | |
Retained Earnings | 1.9M | 2.1M | (282.8K) | (2.2M) | (3.4M) | (3.2M) | |
Accounts Payable | 71.3K | 97.0K | 86.2K | 160.5K | 102.0K | 145.8K | |
Cash | 6.6M | 6.1M | 5.7M | 1.4M | 503.5K | 478.3K | |
Non Current Assets Total | 595.0K | 464.2K | 359.6K | 3.1M | 3.3M | 3.5M | |
Non Currrent Assets Other | 99.5K | 53.8K | 71.0K | 2.3K | 9.4K | 8.9K | |
Other Assets | 133.0K | 78.7K | 86.4K | 13.5K | 12.1K | 11.5K | |
Cash And Short Term Investments | 6.6M | 6.1M | 5.7M | 1.4M | 503.5K | 478.3K | |
Net Receivables | 2.2M | 4.2M | 2.2M | 1.0M | 167.2K | 158.9K | |
Liabilities And Stockholders Equity | 9.4M | 10.8M | 8.4M | 5.6M | 4.0M | 5.7M | |
Non Current Liabilities Total | 0.0 | (22.7K) | 247.4K | 161.6K | 61.4K | 20.2K | |
Inventory | 466.7K | 12.0 | 1.0 | (64.0K) | (57.6K) | (54.7K) | |
Other Current Assets | 60.0K | 23.3K | 29.0K | 26.7K | 11.8K | 11.2K | |
Other Stockholder Equity | 2.8M | 6.7M | 6.7M | 6.8M | 6.8M | 6.3M | |
Total Liab | 933.9K | 1.6M | 1.4M | 705.9K | 122.0K | 115.9K | |
Property Plant And Equipment Gross | 462.0K | 385.5K | 666.2K | 3.2M | 3.4M | 3.6M | |
Total Current Assets | 8.8M | 10.3M | 8.0M | 2.5M | 682.5K | 648.4K | |
Accumulated Other Comprehensive Income | (17.4K) | 289.6K | 390.0K | 275.1K | 383.6K | 402.8K | |
Short Term Debt | 91.7K | 102.1K | 162.7K | 372.7K | 102.0K | 114.3K | |
Property Plant Equipment | 462.0K | 385.5K | 273.1K | 3.1M | 3.6M | 3.8M | |
Net Invested Capital | 8.7M | 9.3M | 7.0M | 4.9M | 3.9M | 5.3M | |
Net Working Capital | 8.2M | 8.8M | 6.7M | 1.8M | 560.5K | 532.4K |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.