MDJM Balance Sheet Health
Financial Health criteria checks 6/6
MDJM has a total shareholder equity of $4.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.3M and $280.9K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$83.79k |
| Equity | US$4.04m |
| Total liabilities | US$280.86k |
| Total assets | US$4.32m |
Recent financial health updates
Recent updates
We're Keeping An Eye On MDJM's (NASDAQ:MDJH) Cash Burn Rate
Oct 05
MDJM agrees to acquire Fernie Castle Hotel from Braveheart
Aug 23MDJM signs services contract for Tianjin Infrastructure's housing program
Apr 26Should MDJM (NASDAQ:MDJH) Be Disappointed With Their 74% Profit?
Feb 17MDJM Ltd.'s (NASDAQ:MDJH) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 11We're Not Counting On MDJM (NASDAQ:MDJH) To Sustain Its Statutory Profitability
Dec 04
Financial Position Analysis
Short Term Liabilities: MDJH's short term assets ($1.0M) exceed its short term liabilities ($280.9K).
Long Term Liabilities: MDJH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MDJH is debt free.
Reducing Debt: MDJH had no debt 5 years ago.
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: MDJH has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MDJH is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.