MDJM Balance Sheet Health
Financial Health criteria checks 4/6
MDJM has a total shareholder equity of $3.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.0M and $122.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$503.51k |
| Equity | US$3.88m |
| Total liabilities | US$122.04k |
| Total assets | US$4.00m |
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 ($682.5K) exceed its short term liabilities ($122.0K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MDJH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.9% each year