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MJ Harvest (MJ Harvest) Net Debt Paydown Yield % : 0.00% (As of Jun. 05, 2024)


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What is MJ Harvest Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, MJ Harvest's Net Debt Paydown Yield % was 0.00%.


MJ Harvest Net Debt Paydown Yield % Historical Data

The historical data trend for MJ Harvest's Net Debt Paydown Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MJ Harvest Net Debt Paydown Yield % Chart

MJ Harvest Annual Data
Trend May19 May20 May21 May22
Net Debt Paydown Yield %
- - - -4.93

MJ Harvest Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -4.93 -22.94 -153.88 -336.03

Competitive Comparison of MJ Harvest's Net Debt Paydown Yield %

For the Industrial Distribution subindustry, MJ Harvest's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MJ Harvest's Net Debt Paydown Yield % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MJ Harvest's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where MJ Harvest's Net Debt Paydown Yield % falls into.



MJ Harvest Net Debt Paydown Yield % Calculation

MJ Harvest's Net Debt Paydown Yield % for the quarter that ended in Feb. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.74-5.26 )/1.345641
=-336.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


MJ Harvest  (OTCPK:MJHI) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


MJ Harvest Net Debt Paydown Yield % Related Terms

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MJ Harvest (MJ Harvest) Business Description

Traded in Other Exchanges
N/A
Address
9205 West Russell Road, Suite 240, Las Vegas, NV, USA, 89139
MJ Harvest Inc cultivates, harvests, manufactures, and sells cannabis products. It also acquires and markets products and technologies that are designed to benefit growers and processors in the horticultural and agricultural industries.
Executives
David Tobias director PO BOX 1602, MESQUITE NV 89024
Jerry Cornwell director, 10 percent owner 14424 SE 78TH WAY, NEW CASTLE WA 98059
Brad E Herr officer: CFO 5413 S SAYBROOK LANE, SPOKANE WA 99223
Patrick Bilton director, 10 percent owner, officer: Chief Executive Officer 9205 W RUSSELL ROAD, SUITE 240, LAS VEGAS NV 89139