MJ Harvest Inc
MJ Harvest, Inc. develops, acquires, and distributes agricultural and horticultural tools and implements to growers and operators in the hemp and cannabis retail industry. It offers the DeBudder Lids and EDGE brands products, and soil and soil additive products used in growing and harvesting of crops through distributors and its websites procannagro.com and procannagro.ca. The company was incorpo… Read more
MJ Harvest Inc (MJHI) - Total Assets
Latest total assets as of February 2023: $8.93 Million USD
Based on the latest financial reports, MJ Harvest Inc (MJHI) holds total assets worth $8.93 Million USD as of February 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MJ Harvest Inc - Total Assets Trend (2003–2022)
This chart illustrates how MJ Harvest Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MJ Harvest Inc - Asset Composition Analysis
Current Asset Composition (May 2022)
MJ Harvest Inc's total assets of $8.93 Million consist of 6.8% current assets and 93.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $-1.00 | 0.0% |
| Inventory | $197.06K | 5.2% |
| Property, Plant & Equipment | $324.35K | 8.6% |
| Intangible Assets | $116.83K | 3.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2022)
This chart illustrates how MJ Harvest Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MJ Harvest Inc's current assets represent 6.8% of total assets in 2022, a decrease from 31.8% in 2003.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2022, down from 8.1% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 8.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 8.6% of total assets.
MJ Harvest Inc Competitors by Total Assets
Key competitors of MJ Harvest Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China National Complete Plant Import & Export Corp Ltd
SHE:000151
|
China | CN¥2.20 Billion |
|
Gs Global
KO:001250
|
Korea | ₩1.37 Trillion |
|
Sam Yung Tradi
KO:002810
|
Korea | ₩755.63 Billion |
|
Hae In
KO:003010
|
Korea | ₩252.85 Billion |
|
Nexgram Holdings Bhd
KLSE:0096
|
Malaysia | RM156.86 Million |
|
Playgram Co. Ltd
KO:009810
|
Korea | ₩295.37 Billion |
|
UNITRAD
KLSE:0247
|
Malaysia | RM1.16 Billion |
|
Yew Lee Pacific Group Berhad
KLSE:0248
|
Malaysia | RM82.73 Million |
MJ Harvest Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - MJ Harvest Inc generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MJ Harvest Inc is currently not profitable relative to its asset base.
MJ Harvest Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.19 | 0.09 | 0.85 |
| Quick Ratio | 0.04 | 0.02 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.63 Million | $ -1.24 Million | $ -1.60 Million |
MJ Harvest Inc - Advanced Valuation Insights
This section examines the relationship between MJ Harvest Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 192.9% |
| Total Assets | $3.79 Million |
| Market Capitalization | $4.28K USD |
Valuation Analysis
Below Book Valuation: The market values MJ Harvest Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MJ Harvest Inc's assets grew by 192.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MJ Harvest Inc (2003–2022)
The table below shows the annual total assets of MJ Harvest Inc from 2003 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-05-31 | $3.79 Million | +192.94% |
| 2021-05-31 | $1.29 Million | +111.77% |
| 2020-05-31 | $611.11K | +144.07% |
| 2019-05-31 | $250.39K | -30.66% |
| 2018-05-31 | $361.10K | -- |
| 2014-05-31 | $0.00 | -- |
| 2013-05-31 | $0.00 | -- |
| 2004-05-31 | $14.78 Million | +28.98% |
| 2003-05-31 | $11.46 Million | -- |