Marijuana Inc. Financials

Marijuana Inc. (MAJI) reported $0 in total revenue for fiscal year 2020. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, Marijuana Inc. (MAJI) reported a net income of -$436K in fiscal year 2020.

Marijuana Inc. (MAJI) generated -$170K in operating cash flow during fiscal year 2020, representing cash generated from core business activities.

Marijuana Inc. (MAJI) had $1K in total assets as of fiscal year 2020, including both current and long-term assets.

Marijuana Inc. (MAJI) had 250M shares outstanding as of fiscal year 2020.

Marijuana Inc. (MAJI) had a current ratio of 0.00 as of fiscal year 2020, which is below 1.0, which may suggest potential liquidity concerns.

Marijuana Inc. (MAJI) had a debt-to-equity ratio of -1.00 as of fiscal year 2020, measuring the company's financial leverage by comparing total debt to shareholder equity.

Marijuana Inc. (MAJI) had a return on assets of -43595.0% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2020 data, Marijuana Inc. (MAJI) had $0 in cash against an annual operating cash burn of $170K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Marijuana Inc. (MAJI) has negative shareholder equity of -$463K as of fiscal year 2020, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Marijuana Inc. (MAJI) has an earnings quality ratio of 0.39x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Marijuana Inc. (MAJI) has an interest coverage ratio of -997.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.