MDJM Income Quality vs Inventory Turnover Analysis

MDJH Stock  USD 0.16  0.01  5.88%   
MDJM financial indicator trend analysis is infinitely more than just investigating MDJM recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MDJM is a good investment. Please check the relationship between MDJM Income Quality and its Inventory Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.

Income Quality vs Inventory Turnover

Income Quality vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MDJM Income Quality account and Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MDJM's Income Quality and Inventory Turnover is -0.31. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of MDJM, assuming nothing else is changed. The correlation between historical values of MDJM's Income Quality and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of MDJM are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Income Quality i.e., MDJM's Income Quality and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from MDJM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MDJM current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.As of now, MDJM's Sales General And Administrative To Revenue is increasing as compared to previous years. The MDJM's current Enterprise Value is estimated to increase to about 26.8 M, while Tax Provision is projected to decrease to under 10.3 K.
 2021 2022 2023 2024 (projected)
Gross Profit4.5M450.6K144.9K137.6K
Total Revenue4.5M450.6K144.9K137.6K

MDJM fundamental ratios Correlations

0.870.260.960.91-0.1-0.910.3-0.670.92-0.080.310.40.920.410.370.00.730.67-0.440.70.38-0.080.840.36-0.11
0.870.460.770.72-0.24-0.860.36-0.620.86-0.230.310.470.860.50.210.190.510.52-0.490.540.53-0.210.830.2-0.25
0.260.460.01-0.13-0.73-0.370.660.390.37-0.730.40.270.370.91-0.560.720.23-0.270.41-0.30.98-0.710.62-0.58-0.75
0.960.770.010.980.11-0.810.1-0.770.820.130.180.30.820.180.52-0.250.670.73-0.550.80.140.130.670.520.11
0.910.72-0.130.980.25-0.74-0.04-0.840.750.260.070.20.750.050.67-0.380.640.82-0.610.870.00.270.570.670.25
-0.1-0.24-0.730.110.250.42-0.93-0.47-0.391.0-0.85-0.72-0.39-0.780.78-0.83-0.080.56-0.510.59-0.711.0-0.610.791.0
-0.91-0.86-0.37-0.81-0.740.42-0.550.51-1.00.4-0.65-0.69-1.0-0.51-0.13-0.29-0.62-0.470.26-0.48-0.470.39-0.95-0.110.42
0.30.360.660.1-0.04-0.93-0.550.270.53-0.920.830.820.530.83-0.690.790.3-0.420.32-0.440.68-0.940.73-0.71-0.93
-0.67-0.620.39-0.77-0.84-0.470.510.27-0.53-0.480.15-0.16-0.530.29-0.740.43-0.4-0.820.9-0.860.3-0.49-0.28-0.74-0.47
0.920.860.370.820.75-0.39-1.00.53-0.53-0.380.620.671.00.50.150.290.650.5-0.280.50.48-0.370.950.13-0.4
-0.08-0.23-0.730.130.261.00.4-0.92-0.48-0.38-0.84-0.72-0.38-0.780.78-0.83-0.070.57-0.510.6-0.711.0-0.60.81.0
0.310.310.40.180.07-0.85-0.650.830.150.62-0.840.870.620.52-0.490.660.13-0.250.35-0.270.41-0.850.69-0.51-0.84
0.40.470.270.30.2-0.72-0.690.82-0.160.67-0.720.870.670.45-0.40.570.27-0.17-0.09-0.160.32-0.720.7-0.42-0.72
0.920.860.370.820.75-0.39-1.00.53-0.531.0-0.380.620.670.50.150.290.650.5-0.280.50.48-0.370.950.13-0.4
0.410.50.910.180.05-0.78-0.510.830.290.5-0.780.520.450.5-0.530.690.42-0.240.32-0.270.94-0.780.75-0.55-0.79
0.370.21-0.560.520.670.78-0.13-0.69-0.740.150.78-0.49-0.40.15-0.53-0.730.240.9-0.610.88-0.490.79-0.111.00.78
0.00.190.72-0.25-0.38-0.83-0.290.790.430.29-0.830.660.570.290.69-0.730.02-0.430.46-0.510.68-0.830.5-0.76-0.85
0.730.510.230.670.64-0.08-0.620.3-0.40.65-0.070.130.270.650.420.240.020.46-0.340.460.39-0.080.630.22-0.09
0.670.52-0.270.730.820.56-0.47-0.42-0.820.50.57-0.25-0.170.5-0.240.9-0.430.46-0.610.98-0.170.580.260.880.55
-0.44-0.490.41-0.55-0.61-0.510.260.320.9-0.28-0.510.35-0.09-0.280.32-0.610.46-0.34-0.61-0.660.33-0.53-0.07-0.61-0.51
0.70.54-0.30.80.870.59-0.48-0.44-0.860.50.6-0.27-0.160.5-0.270.88-0.510.460.98-0.66-0.190.610.250.880.58
0.380.530.980.140.0-0.71-0.470.680.30.48-0.710.410.320.480.94-0.490.680.39-0.170.33-0.19-0.70.71-0.51-0.73
-0.08-0.21-0.710.130.271.00.39-0.94-0.49-0.371.0-0.85-0.72-0.37-0.780.79-0.83-0.080.58-0.530.61-0.7-0.60.811.0
0.840.830.620.670.57-0.61-0.950.73-0.280.95-0.60.690.70.950.75-0.110.50.630.26-0.070.250.71-0.6-0.13-0.62
0.360.2-0.580.520.670.79-0.11-0.71-0.740.130.8-0.51-0.420.13-0.551.0-0.760.220.88-0.610.88-0.510.81-0.130.8
-0.11-0.25-0.750.110.251.00.42-0.93-0.47-0.41.0-0.84-0.72-0.4-0.790.78-0.85-0.090.55-0.510.58-0.731.0-0.620.8
Click cells to compare fundamentals

MDJM Account Relationship Matchups

MDJM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.4M10.8M8.4M5.6M4.0M5.7M
Other Current Liab497.1K1.1M1.0M313.1K102.0K96.9K
Total Current Liabilities686.5K1.5M1.4M705.9K122.0K115.9K
Total Stockholder Equity8.7M9.3M7.0M4.9M3.9M6.9M
Net Tangible Assets8.7M9.3M7.0M4.9M5.7M7.3M
Property Plant And Equipment Net462.0K385.5K273.1K3.1M3.3M3.5M
Net Debt(6.2M)(5.8M)(5.5M)(1.1M)(503.5K)(528.7K)
Retained Earnings1.9M2.1M(282.8K)(2.2M)(3.4M)(3.2M)
Accounts Payable71.3K97.0K86.2K160.5K102.0K145.8K
Cash6.6M6.1M5.7M1.4M503.5K478.3K
Non Current Assets Total595.0K464.2K359.6K3.1M3.3M3.5M
Non Currrent Assets Other99.5K53.8K71.0K2.3K9.4K8.9K
Other Assets133.0K78.7K86.4K13.5K12.1K11.5K
Cash And Short Term Investments6.6M6.1M5.7M1.4M503.5K478.3K
Net Receivables2.2M4.2M2.2M1.0M167.2K158.9K
Liabilities And Stockholders Equity9.4M10.8M8.4M5.6M4.0M5.7M
Non Current Liabilities Total0.0(22.7K)247.4K161.6K61.4K20.2K
Inventory466.7K12.01.0(64.0K)(57.6K)(54.7K)
Other Current Assets60.0K23.3K29.0K26.7K11.8K11.2K
Other Stockholder Equity2.8M6.7M6.7M6.8M6.8M6.3M
Total Liab933.9K1.6M1.4M705.9K122.0K115.9K
Property Plant And Equipment Gross462.0K385.5K666.2K3.2M3.4M3.6M
Total Current Assets8.8M10.3M8.0M2.5M682.5K648.4K
Accumulated Other Comprehensive Income(17.4K)289.6K390.0K275.1K383.6K402.8K
Short Term Debt91.7K102.1K162.7K372.7K102.0K114.3K
Property Plant Equipment462.0K385.5K273.1K3.1M3.6M3.8M
Net Invested Capital8.7M9.3M7.0M4.9M3.9M5.3M
Net Working Capital8.2M8.8M6.7M1.8M560.5K532.4K

Currently Active Assets on Macroaxis

When determining whether MDJM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MDJM's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mdjm Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mdjm Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For more detail on how to invest in MDJM Stock please use our How to Invest in MDJM guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MDJM. If investors know MDJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MDJM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
(0.14)
Revenue Per Share
0.01
Quarterly Revenue Growth
(0.75)
Return On Assets
(0.26)
The market value of MDJM is measured differently than its book value, which is the value of MDJM that is recorded on the company's balance sheet. Investors also form their own opinion of MDJM's value that differs from its market value or its book value, called intrinsic value, which is MDJM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MDJM's market value can be influenced by many factors that don't directly affect MDJM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MDJM's value and its price as these two are different measures arrived at by different means. Investors typically determine if MDJM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDJM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.