MJNE (MJ Holdings) Beginning Cash Position: $0.25 Mil (As of Sep. 2023)

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What is MJ Holdings Beginning Cash Position?

MJ Holdings MJNE Beginning Cash Position is $0.25 Mil as of Sep. 2023.

MJ Holdings's Beginning Cash Position for the quarter that ended in Sep. 2023 was $0.25 Mil.

MJ Holdings's quarterly Beginning Cash Position declined from Mar. 2023 ($1.34 Mil) to Jun. 2023 ($0.26 Mil) and declined from Jun. 2023 ($0.26 Mil) to Sep. 2023 ($0.25 Mil).

MJ Holdings's annual Beginning Cash Position increased from Dec. 2020 ($0.02 Mil) to Dec. 2021 ($0.12 Mil) and increased from Dec. 2021 ($0.12 Mil) to Dec. 2022 ($4.70 Mil).

MJ Holdings Beginning Cash Position Related Terms

MJ Holdings Beginning Cash Position Historical Data

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The historical data trend for MJ Holdings's Beginning Cash Position 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.

MJ Holdings Beginning Cash Position Chart

MJ Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 0.06 0.02 0.12 4.70

MJ Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Beginning Cash Position 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 Premium Member Only Premium Member Only 2.83 2.02 1.34 0.26 0.25

MJ Holdings Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.25 Mil mean?
MJ Holdings (MJNE) has a Beginning Cash Position of $0.25 Mil as of Sep. 2023. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on MJ Holdings and its competitors.
Is MJ Holdings' Beginning Cash Position too high?
MJ Holdings' current Beginning Cash Position is $0.25 Mil.
How does MJ Holdings' Beginning Cash Position compare to CPHI and KGKG?
MJ Holdings' Beginning Cash Position of $0.25 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Drug Manufacturers company?
A good Beginning Cash Position depends on the Drug Manufacturers industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on MJ Holdings and its competitors. MJ Holdings's current Beginning Cash Position is $0.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJ Holdings stock overvalued right now?
MJ Holdings (MJNE) has a current Beginning Cash Position of $0.25 Mil. The current Beginning Cash Position is $0.25 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For MJ Holdings (MJNE), the current Beginning Cash Position is $0.25 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MJ Holdings Business Description

Address 5730 Sky Pointe Dr., Suite 102, Las Vegas, NV, USA, 89130
MJ Holdings Inc engages in the provision of consulting and operating services to the regulated cannabis industry. It provides a full spectrum of infrastructure, cultivation management, production management, distribution consulting, and operating services to cultivation and production operators.