MJ Holdings Inc
MJ Holdings, Inc., a cannabis holding company, engages in cultivation management, asset, and infrastructure development business in Nevada. It is also involved in production of cannabis related products; and provision of management services, dispensaries, and consulting services. The company is headquartered in Las Vegas, Nevada.
MJ Holdings Inc (MJNE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.171x
Based on the latest financial reports, MJ Holdings Inc (MJNE) has a cash flow conversion efficiency ratio of 0.171x as of September 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($240.44K) by net assets ($1.41 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MJ Holdings Inc - Cash Flow Conversion Efficiency Trend (2010–2022)
This chart illustrates how MJ Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MJ Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MJ Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pha Le Plastics Manufacturing and Technology JSC
VN:PLP
|
N/A |
|
BOBR4F
SA:BOBR4F
|
N/A |
|
Horana Plantations PLC
CM:HOPLN0000
|
N/A |
|
MFD GROUP LTD
SEM:MFDG
|
N/A |
|
RED 5 (RKM.SG)
STU:RKM
|
N/A |
|
Thai Industrial Fund 1
BK:TIF1
|
0.001x |
|
ENQUEST (3EQ.SG)
STU:3EQ
|
N/A |
|
ATICO MINING (9AO.SG)
STU:9AO
|
0.147x |
Annual Cash Flow Conversion Efficiency for MJ Holdings Inc (2010–2022)
The table below shows the annual cash flow conversion efficiency of MJ Holdings Inc from 2010 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $374.55K | $-3.66 Million | -9.760x | -689.20% |
| 2021-12-31 | $3.77 Million | $-4.66 Million | -1.237x | -961.39% |
| 2020-12-31 | $-1.30 Million | $-186.37K | 0.144x | +107.74% |
| 2019-12-31 | $3.12 Million | $-5.79 Million | -1.855x | -2634.60% |
| 2018-12-31 | $1.80 Million | $-122.45K | -0.068x | 0.00% |
| 2017-12-31 | $1.80 Million | $-122.45K | -0.068x | -159.36% |
| 2016-12-31 | $1.44 Million | $164.38K | 0.114x | +39.16% |
| 2015-12-31 | $1.34 Million | $110.35K | 0.082x | +147.56% |
| 2014-12-31 | $1.32 Million | $-227.29K | -0.173x | -178.41% |
| 2013-12-31 | $-103.22K | $-22.73K | 0.220x | -12.77% |
| 2012-12-31 | $-70.28K | $-17.74K | 0.252x | -9.77% |
| 2011-12-31 | $-53.67K | $-15.02K | 0.280x | -53.57% |
| 2010-12-31 | $-30.47K | $-18.36K | 0.603x | -- |