MJNE (MJ Holdings) Total Equity: $1.41 Mil (As of Sep. 2023)


What is MJ Holdings Total Equity?

MJ Holdings MJNE Total Equity is $1.41 Mil as of Sep. 2023.

MJ Holdings's total equity for the quarter that ended in Sep. 2023 was $1.41 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

MJ Holdings Total Equity Historical Data

* Premium members only.

The historical data trend for MJ Holdings's Total Equity 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 Total Equity Chart

MJ Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 2.11 -1.30 3.77 0.38

MJ Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Equity 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 2.42 0.38 -0.17 0.74 1.41

MJ Holdings Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

MJ Holdings's Total Equity for the fiscal year that ended in Dec. 2022 is calculated as

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=5.131-4.756
=0.38

MJ Holdings's Total Equity for the quarter that ended in Sep. 2023 is calculated as

Total Equity=Total Assets(Q: Sep. 2023 )-Total Liabilities(Q: Sep. 2023 )
=4.465-3.057
=1.41

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $1.41 Mil mean?
MJ Holdings (MJNE) has a Total Equity of $1.41 Mil as of Sep. 2023. The total amount of equity as record on a company's balance sheet. View historical data for MJ Holdings and its competitors.
Is MJ Holdings' Total Equity too high?
MJ Holdings' current Total Equity is $1.41 Mil.
How does MJ Holdings' Total Equity compare to CPHI and KGKG?
MJ Holdings' Total Equity of $1.41 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 Total Equity for a Drug Manufacturers company?
A good Total Equity depends on the Drug Manufacturers industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for MJ Holdings and its competitors. MJ Holdings's current Total Equity is $1.41 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 Total Equity of $1.41 Mil. The current Total Equity is $1.41 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For MJ Holdings (MJNE), the current Total Equity is $1.41 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.