MJ Holdings Balance Sheet Health
Financial Health criteria checks 0/6
MJ Holdings has a total shareholder equity of $1.4M and total debt of $1.4M, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are $4.5M and $3.1M respectively.
Key information
97.2%
Debt to equity ratio
US$1.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$392.97k |
| Equity | US$1.41m |
| Total liabilities | US$3.06m |
| Total assets | US$4.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MJNE's short term assets ($767.8K) do not cover its short term liabilities ($2.2M).
Long Term Liabilities: MJNE's short term assets ($767.8K) do not cover its long term liabilities ($854.8K).
Debt to Equity History and Analysis
Debt Level: MJNE's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: MJNE's debt to equity ratio has increased from 0% to 97.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MJNE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MJNE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.