What is MJ HOLDINGS INC's earnings per share (EPS)?

MJ HOLDINGS INC (MJNE) reported diluted earnings per share of -$0.07 for fiscal year 2022. This represents a -240.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

MJ HOLDINGS INC (MJNE) Financials

MJNE

FY2022 annual

Revenue $362K +49.8% YoY

Net Income -$5.4M -252.4% YoY

EPS (Diluted) -$0.07 -240.0% YoY

Free Cash Flow -$3.8M +23.7% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2023, ended Sep 30, 2023 Reported Nov 14, 2023 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2023, filed Nov 14, 2023. Each column of the statement tables below links to the filing it was taken from.

MJ HOLDINGS INC (MJNE) reported $362K in revenue for fiscal year 2022, up 49.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MJNE FY2022 2026-08-30

Operating-cost compression is reducing losses, but cash consumption and balance-sheet strain still dominate the business.

From FY2021 to FY2022, SG&A fell from $4.83M to $1.96M, while the operating loss also narrowed. That pairing points to deliberate cost reduction rather than scale-driven leverage: revenue remained only $362K in FY2022 while the operating loss was $3.42M.

FY2022 operating cash flow was -$3.66M against net income of -$5.38M, so reported losses translated into substantial cash use. Free cash flow remained negative at -$3.80M despite only $147K of capital expenditure, indicating the drain was chiefly ongoing operations rather than unusually heavy reinvestment.

The balance sheet offers little short-term flexibility: liabilities of $4.76M nearly matched total assets, and the current ratio was 0.4x. FY2022 debt-to-equity was 2.0x, while the reported liquidity comparison equaled 4.4 months of annual operating outflow; financing was therefore more liability-dependent than cash-rich.

Financial Health Signals

Financial health score not available

MJ HOLDINGS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-8.69

MJ HOLDINGS INC scores -8.69, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($6K) relative to total liabilities ($4.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

2/7

MJ HOLDINGS INC passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

MJ HOLDINGS INC reported a net loss of $5.4M while operations used $3.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

MJ HOLDINGS INC reported an operating loss of $3.4M against $78K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$23K

YoY-96.7%

QoQ-80.4%

MJ HOLDINGS INC generated $23K in revenue in Q3 2023. This represents a decrease of 96.7% from the same quarter a year earlier. Against the prior quarter it is down 80.4%.

EBITDA

-$360K

YoY+82.6%

QoQ-0.1%

MJ HOLDINGS INC's EBITDA was -$360K in Q3 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 82.6% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.

Net Income

$665K

YoY+133.2%

QoQ-26.9%

MJ HOLDINGS INC reported $665K in net income in Q3 2023. This represents an increase of 133.2% from the same quarter a year earlier. Against the prior quarter it is down 26.9%.

EPS (Diluted)

-$0.01

YoY+66.7%

QoQ0.0%

MJ HOLDINGS INC earned -$0.01 per diluted share (EPS) in Q3 2023. This represents an increase of 66.7% from the same quarter a year earlier. It is unchanged from the prior quarter.

Cash & Balance Sheet

Free Cash Flow

$186K

YoY+111.6%

QoQ+298.8%

MJ HOLDINGS INC generated $186K in free cash flow in Q3 2023, representing cash available after capex. This represents an increase of 111.6% from the same quarter a year earlier. Against the prior quarter it is up 298.8%.

Cash & Debt

$393K

YoY-80.6%

QoQ+58.1%

5Y CAGR-22.6%

MJ HOLDINGS INC held $393K in cash against $855K in long-term debt as of Q3 2023.

Shares Outstanding

58M

YoY-26.6%

QoQ0.0%

MJ HOLDINGS INC had 58M shares outstanding in Q3 2023. This represents a decrease of 26.6% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q3 2023.

Margins & Returns

Return on Equity

43.8%

YoY+123.0pp

QoQ-62.6pp

MJ HOLDINGS INC's ROE was 43.8% in Q3 2023, measuring profit generated per dollar of shareholder equity. This is up 123.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 62.6 percentage points.

Gross Margin

Not reported for Q3 2023.

Operating Margin

Not shown for Q3 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q3 2023: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

Capital Expenditures

$55K

YoY-43.1%

MJ HOLDINGS INC invested $55K in capex in Q3 2023, funding long-term assets and infrastructure. This represents a decrease of 43.1% from the same quarter a year earlier.

R&D Spending

Not reported for Q3 2023.

Share Buybacks

Not reported for Q3 2023.

MJNE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MJNE quarterly income statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Revenue	N/A	$362K+49.8%	$242K-70.6%	$823K-8.3%	$898K+10914.7%	$8K	N/A	$9K-98.6%	$626K+474.9%	$109K	N/A	N/A	N/A	$3K	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	$1.2M+1.6%	$1.2M+11777.2%	$10K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	-$384K-32.4%	-$290K-15577.1%	-$2K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4K+6.1%	$4K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$2.0M-59.5%	$4.8M+62.2%	$3.0M-56.0%	$6.8M+61.5%	$4.2M+1452.1%	$270K+191.9%	$93K-64.0%	$257K-75.7%	$1.1M	N/A	$14K-32.2%	$20K	N/A	N/A	N/A
Operating Income	N/A	-$3.4M+60.4%	-$8.6M-126.1%	-$3.8M+48.7%	-$7.5M-55.1%	-$4.8M-1678.2%	-$270K-220.9%	-$84K+67.3%	-$257K+75.7%	-$1.1M	N/A	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	-$3.2M+61.8%	-$8.4M-147.8%	-$3.4M+52.4%	-$7.1M-51.2%	-$4.7M-1632.6%	-$270K-223.4%	-$84K+67.5%	-$257K+74.8%	-$1.0M	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$78K-29.3%	$111K-33.8%	$167K+31.0%	$128K+742.6%	$15K-76.5%	$65K	N/A	-$13K-112.7%	$104K	N/A	$4K+44.4%	$3K+81.4%	$2K	N/A	N/A
Income Tax	N/A	N/A	$277K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$5.4M-252.4%	$3.5M+189.0%	-$4.0M+51.5%	-$8.2M-63.1%	-$5.0M-1395.9%	-$335K-454.1%	$95K+184.6%	-$112K+90.4%	-$1.2M	N/A	-$18K+22.4%	-$23K	N/A	-$29K-70.2%	-$17K
EPS (Basic)	N/A	-$0.07-240.0%	$0.05+183.3%	-$0.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.06	-$0.07-240.0%	$0.05+183.3%	-$0.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	75M+6.0%	71M+7.3%	66M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Revenue	$23K-96.7%	$119K+314.1%	$41K+28.0%	N/A	$713K+3540.7%	$29K-86.2%	$32K-89.6%	N/A
SG&A Expenses	$181K-93.5%	$168K+475.1%	$473K-73.2%	N/A	$2.8M+376.5%	$29K-98.5%	$1.8M-37.1%	N/A
Operating Income	-$418K+80.2%	-$418K-370.9%	-$564K+68.3%	N/A	-$2.1M-200.3%	-$89K+95.3%	-$1.8M+31.4%	N/A
EBITDA	-$360K+82.6%	-$360K-41000.7%	-$506K+70.9%	N/A	-$2.1M-238.4%	-$876+100.0%	-$1.7M+30.4%	N/A
Interest Expense	$23K+21.9%	$34K+144.5%	$8K-69.9%	N/A	$19K-57.8%	$14K-9.1%	$26K+51.1%	N/A
Net Income	$665K+133.2%	$909K+876.4%	-$542K+68.5%	N/A	-$2.0M-532.3%	-$117K+86.0%	-$1.7M-123.8%	N/A
EPS (Basic)	-$0.01+66.7%	-$0.01	-$0.01+50.0%	-$0.03+25.0%	-$0.03	$0.00+100.0%	-$0.02-118.2%	-$0.04
EPS (Diluted)	-$0.01+66.7%	-$0.01	-$0.01	-$0.03	-$0.03	$0.00	-$0.02-118.2%	N/A
Diluted Shares (Avg)	60M-23.4%	79M+9.9%	79M	N/A	78M+11.4%	72M+1.2%	72M+3.5%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

MJNE Balance Sheet

MJNE quarterly balance sheet

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Total Assets	$5.1M-42.0%	$8.8M+18.1%	$7.5M-8.4%	$8.2M+43.9%	$5.7M+97.3%	$2.9M+11419.5%	$25K-99.4%	$4.3M+25.1%	$3.4M+714108.4%	$478-91.3%	$6K-9.5%	$6K+64.8%	$4K	N/A	N/A
Current Assets	$1.6M-69.0%	$5.2M+429.6%	$991K+21.2%	$818K-66.8%	$2.5M-2.2%	$2.5M	N/A	$378K	N/A	$478-14.3%	$558-2.4%	$572-68.1%	$2K	N/A	N/A
Cash & Equivalents	$1.3M-71.5%	$4.7M+3898.2%	$118K+412.5%	$23K-59.5%	$57K-97.7%	$2.5M	N/A	$303K+72.6%	$176K+36676.6%	$478+59.9%	$299+3.1%	$290-29.6%	$412	N/A	N/A
Short-Term Investments	$0	$0-100.0%	$150K0.0%	$150K	$0	$0	N/A	$0	$0	$0	$0	$0	$0	N/A	N/A
Inventory	$1.3M0.0%	$1.3M	N/A	N/A	$1.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$10K+27.0%	$8K-15.6%	$9K-19.0%	$12K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1K	N/A	N/A
Long-Term Investments	$0	$0	$0	$0-100.0%	$150K	$0	N/A	$0	$0	$0	$0	$0	$0	N/A	N/A
Total Liabilities	$4.8M-6.3%	$5.1M-42.2%	$8.8M+44.9%	$6.1M+137.0%	$2.6M+138.0%	$1.1M	$0-100.0%	$2.9M+39.6%	$2.1M+1922.8%	$104K+36.8%	$76K+26.8%	$60K+74.9%	$34K	N/A	N/A
Current Liabilities	$4.2M-5.3%	$4.4M-26.6%	$6.0M+99.0%	$3.0M+127.9%	$1.3M+35.9%	$970K-66.0%	$2.9M+49.1%	$1.9M	N/A	$51K+214.0%	$16K+85.1%	$9K+39.5%	$6K	N/A	N/A
Non-Current Liabilities	$599K-12.8%	$686K-75.6%	$2.8M-8.1%	$3.1M+146.8%	$1.2M+1086.0%	$105K+103.7%	-$2.9M-381.9%	$1.0M	N/A	$52K-11.9%	$59K+16.7%	$51K+83.0%	$28K	N/A	N/A
Long-Term Debt	$978K-4.1%	$1.0M-57.6%	$2.4M+1.6%	$2.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$487K-87.4%	$3.9M+427.1%	-$1.2M-153.5%	$2.2M-29.1%	$3.1M+73.0%	$1.8M+7119.7%	$25K-98.1%	$1.3M+2.1%	$1.3M+1375.2%	-$103K-46.9%	-$70K-30.9%	-$54K-75.0%	-$31K-429.0%	-$6K-168.5%	$8K
Retained Earnings	-$21.9M-32.7%	-$16.5M+17.6%	-$20.0M-24.7%	-$16.0M-103.8%	-$7.9M-2071.0%	-$363K-1207.2%	-$28K+98.1%	-$1.4M-8.4%	-$1.3M-674.9%	-$173K-23.6%	-$140K	N/A	N/A	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Total Assets	$4.5M-43.9%	$4.3M-42.2%	$4.3M-42.8%	$5.1M-42.0%	$8.0M-30.4%	$7.4M-43.7%	$7.5M-48.6%	$8.8M+18.1%
Current Assets	$768K-74.0%	$586K-85.0%	$539K-86.5%	$1.6M-69.0%	$3.0M-56.1%	$3.9M-45.5%	$4.0M-54.1%	$5.2M+429.6%
Cash & Equivalents	$393K-80.6%	$249K-91.2%	$256K-92.3%	$1.3M-71.5%	$2.0M-65.0%	$2.8M-52.0%	$3.3M-55.6%	$4.7M+3898.2%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0-100.0%
Inventory	N/A	N/A	N/A	$1.3M0.0%	$1.3M	$1.3M	$1.3M	$1.3M
Accounts Receivable	$65K-30.0%	$63K-33.6%	$32K+71.2%	$10K+27.0%	$93K+273.4%	$96K+423.4%	$19K+24.6%	$8K-15.6%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	$1.5M	$1.5M	N/A	N/A
Total Liabilities	$3.1M-44.9%	$3.5M-28.9%	$4.5M-18.2%	$4.8M-6.3%	$5.6M+6.2%	$5.0M-26.0%	$5.5M-26.5%	$5.1M-42.2%
Current Liabilities	$2.2M-54.7%	$2.1M-51.4%	$3.9M-18.5%	$4.2M-5.3%	$4.9M+7.7%	$4.3M-10.1%	$4.8M-11.5%	$4.4M-26.6%
Non-Current Liabilities	$855K+24.6%	$1.5M+111.9%	$576K-16.1%	$599K-12.8%	$686K-3.4%	$686K-65.0%	$686K-66.3%	$686K-75.6%
Long-Term Debt	$855K-14.2%	$856K-15.1%	N/A	$978K-4.1%	$996K+13.7%	$1.0M+14.7%	N/A	$1.0M-57.6%
Total Equity	$1.5M-39.9%	$855K-66.5%	-$55K-102.5%	$487K-87.4%	$2.5M-60.1%	$2.5M-61.1%	$2.2M-70.3%	$3.9M+427.1%
Retained Earnings	-$20.8M-5.1%	-$21.5M-20.6%	-$22.4M-23.1%	-$21.9M-32.7%	-$19.8M-42.4%	-$17.8M-31.0%	-$18.2M-42.5%	-$16.5M+17.6%

MJNE Cash Flow Statement

MJNE quarterly cash flow statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Operating Cash Flow	-$1.4M	-$3.7M+21.5%	-$4.7M-2399.2%	-$186K+96.0%	-$4.6M+20.2%	-$5.8M-4630.4%	-$122K	N/A	$110K+148.6%	-$227K	N/A	-$13K+10.2%	-$15K+18.2%	-$18K	N/A	N/A
Depreciation & Amortization	N/A	$231K-21.5%	$294K-35.2%	$454K+22.2%	$372K+201.4%	$123K	$0-100.0%	$667+500.9%	$111-99.7%	$38K+2575.1%	$1K-31.5%	$2K+25.6%	$2K-24.4%	$2K	N/A	N/A
Stock-Based Compensation	N/A	$32K-76.6%	$137K+232.1%	$41K	N/A	N/A	N/A	N/A	$139K-83.9%	$862K	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$134K	$147K-54.5%	$323K+809.2%	$35K-96.8%	$1.1M	N/A	$18K	N/A	$2K	N/A	N/A	$1K	N/A	N/A	N/A	N/A
Free Cash Flow	-$1.5M	-$3.8M+23.7%	-$5.0M-2145.0%	-$222K+96.1%	-$5.7M	N/A	-$140K	N/A	$108K	N/A	N/A	-$15K	N/A	N/A	N/A	N/A
Investing Cash Flow	-$280K	$186K-98.3%	$10.8M+30463.9%	-$35K+97.7%	-$1.5M+44.5%	-$2.7M-761.2%	-$318K-7890.3%	-$4K+99.6%	-$897K+70.0%	-$3.0M	N/A	-$1K+71.6%	-$5K-138.7%	-$2K	N/A	N/A
Financing Cash Flow	$66K	$111K+107.2%	-$1.5M-584.3%	$316K-94.8%	$6.1M+0.6%	$6.1M+105.5%	$3.0M	N/A	$914K-73.1%	$3.4M	N/A	$15K-25.6%	$20K+24.4%	$16K	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Operating Cash Flow	$240K+115.9%	-$93K+84.7%	-$954K-2.6%	-$607K+12.1%	-$1.5M-1173.0%	-$610K+47.6%	-$930K+65.4%	-$690K-4477.5%
Depreciation & Amortization	$58K+34.0%	$58K-34.5%	$58K+35.6%	N/A	$43K-53.2%	$88K-9.3%	$42K-56.5%	N/A
Stock-Based Compensation	N/A	N/A	N/A	N/A	N/A	N/A	$7K-14.4%	N/A
Capital Expenditures	$55K-43.1%	$0	$70K	$9K-95.3%	$96K	N/A	N/A	$197K
Free Cash Flow	$186K+111.6%	-$93K	-$1.0M	-$616K+30.6%	-$1.6M-1253.9%	N/A	N/A	-$887K-5730.8%
Investing Cash Flow	-$85K-123.3%	-$30K-92.3%	-$102K-3.5%	-$64K+73.1%	$364K	-$16K+92.7%	-$98K-100.9%	-$238K
Financing Cash Flow	-$11K-103.4%	$116K-12.9%	-$29K+91.8%	-$10K+93.1%	$338K+11747.4%	$133K+166.5%	-$350K+70.3%	-$151K-262.1%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

MJNE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MJNE quarterly financial ratios

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Gross Margin	N/A	N/A	-46.7%-14.4pp	-32.3%-9.6pp	-22.7%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-945.1%	-3575.1%	-464.9%	-830.1%	-58967.8%	N/A	-931.8%	-41.1%	-974.3%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-1485.0%	1459.6%	-481.8%	-909.9%	-61447.0%	N/A	1046.0%	-17.9%	-1070.1%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-1104.7%-1195.7pp	91.0%	N/A	-368.8%-208.4pp	-160.4%-141.9pp	-18.6%-396.8pp	378.2%+386.5pp	-8.3%+80.2pp	-88.5%	N/A	N/A	N/A	N/A	N/A	-201.1%
Return on Assets	-104.9%-144.8pp	39.9%+92.8pp	-52.9%+47.0pp	-99.9%-11.8pp	-88.1%-76.5pp	-11.6%-389.8pp	378.2%+380.8pp	-2.6%+31.5pp	-34.1%	N/A	-323.9%+53.4pp	-377.3%	N/A	N/A	N/A
Current Ratio	0.39-0.8x	1.20+1.0x	0.17-0.1x	0.27-1.6x	1.87-0.7x	2.60	N/A	0.20	N/A	0.010.0x	0.030.0x	0.06-0.2x	0.28	N/A	N/A
Debt-to-Equity	2.01+1.7x	0.26	N/A	1.07+0.2x	0.82+0.2x	0.60+0.6x	0.00-2.2x	2.18+0.6x	1.59	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.070.0x	0.03-0.1x	0.110.0x	0.11+0.1x	0.00	N/A	0.36+0.2x	0.15+0.1x	0.03	N/A	N/A	N/A	0.74	N/A	N/A
FCF Margin	-1049.4%	-2059.1%	-27.0%	-639.3%	N/A	N/A	N/A	17.3%	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Operating Margin	-1791.0%	-350.5%	-1383.8%	N/A	-296.4%	-308.2%	-5591.5%	N/A
Net Margin	2850.4%	763.4%	-1329.5%	N/A	-280.9%	-407.2%	-5403.3%	N/A
Return on Equity	43.8%+123.0pp	106.4%+111.0pp	N/A	N/A	-79.2%-74.2pp	-4.6%+8.2pp	-79.5%-178.8pp	N/A
Return on Assets	14.9%+40.0pp	21.2%+22.8pp	-12.6%+10.3pp	N/A	-25.1%-22.4pp	-1.6%+4.8pp	-22.9%-72.5pp	N/A
Current Ratio	0.35-0.3x	0.28-0.6x	0.14-0.7x	0.39-0.8x	0.61-0.9x	0.91-0.6x	0.83-0.8x	1.20+1.0x
Debt-to-Equity	0.56+0.2x	1.00+0.6x	N/A	2.01+1.7x	0.39+0.3x	0.40+0.3x	2.52+2.4x	0.26
Asset Turnover	0.01-0.1x	0.030.0x	0.010.0x	N/A	0.09+0.1x	0.000.0x	0.000.0x	N/A
FCF Margin	796.3%	-78.5%	-2513.3%	N/A	-225.2%	N/A	N/A	N/A

Not reported in any period shown, so not listed: Gross Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Note: The current ratio is below 1.0 (0.39), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where MJ HOLDINGS INC Ranks

Frequently Asked Questions

What is MJ HOLDINGS INC's annual revenue?

MJ HOLDINGS INC (MJNE) reported $362K in total revenue for fiscal year 2022. This represents a 49.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is MJ HOLDINGS INC's revenue growing?

MJ HOLDINGS INC (MJNE) revenue grew by 49.8% year-over-year, from $242K to $362K in fiscal year 2022.

Is MJ HOLDINGS INC profitable?

No, MJ HOLDINGS INC (MJNE) reported a net income of -$5.4M in fiscal year 2022.

What is MJ HOLDINGS INC's EBITDA?

MJ HOLDINGS INC (MJNE) had EBITDA of -$3.2M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does MJ HOLDINGS INC have?

As of fiscal year 2022, MJ HOLDINGS INC (MJNE) had $1.3M in cash and equivalents against $978K in long-term debt.

What is MJ HOLDINGS INC's return on equity (ROE)?

MJ HOLDINGS INC (MJNE) has a return on equity of -1104.7% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.

What is MJ HOLDINGS INC's free cash flow?

MJ HOLDINGS INC (MJNE) recorded an outflow of $3.8M in free cash flow during fiscal year 2022. This represents a 23.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is MJ HOLDINGS INC's operating cash flow?

MJ HOLDINGS INC (MJNE) recorded an outflow of $3.7M in operating cash flow during fiscal year 2022, representing cash used by core business activities.

What are MJ HOLDINGS INC's total assets?

MJ HOLDINGS INC (MJNE) had $5.1M in total assets as of fiscal year 2022, including both current and long-term assets.

What are MJ HOLDINGS INC's capital expenditures?

MJ HOLDINGS INC (MJNE) invested $147K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

What is MJ HOLDINGS INC's current ratio?

MJ HOLDINGS INC (MJNE) had a current ratio of 0.39 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

What is MJ HOLDINGS INC's debt-to-equity ratio?

MJ HOLDINGS INC (MJNE) had a debt-to-equity ratio of 2.01 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is MJ HOLDINGS INC's return on assets (ROA)?

MJ HOLDINGS INC (MJNE) had a return on assets of -104.9% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

How does MJ HOLDINGS INC's liquidity compare with its operating cash outflow?

At the end of fiscal year 2022, MJ HOLDINGS INC (MJNE) held $1.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.7M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is MJ HOLDINGS INC's Altman Z-Score?

MJ HOLDINGS INC (MJNE) has an Altman Z-Score of -8.69, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is MJ HOLDINGS INC's Piotroski F-Score?

MJ HOLDINGS INC (MJNE) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are MJ HOLDINGS INC's earnings high quality?

MJ HOLDINGS INC (MJNE) reported a net loss of $5.4M while operations used $3.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.

Can MJ HOLDINGS INC cover its interest payments?

MJ HOLDINGS INC (MJNE) reported an operating loss of $3.4M against $78K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.