MDJM (MDJH) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is MDJM Debt-to-Equity?

MDJM's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. MDJM's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. MDJM's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.88 Mil. MDJM's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for MDJM's Debt-to-Equity or its related term are showing as below:

During the past 8 years, the highest Debt-to-Equity Ratio of MDJM was 0.08. The lowest was 0.03. And the median was 0.04.

MDJH's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.755
* Ranked among companies with meaningful Debt-to-Equity only.

MDJM Debt-to-Equity Historical Data

The historical data trend for MDJM's Debt-to-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.

* Premium members only.

MDJM Debt-to-Equity Chart

MDJM Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.03

0.08

MDJM Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.03	0.07	0.08	-	-

Competitive Comparison of MDJM's Debt-to-Equity

For the Real Estate Services subindustry, MDJM's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

MDJM's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MDJM's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MDJM's Debt-to-Equity falls into.

MDJM Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MDJM's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	3.877
	=	0.00

MDJM's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	3.877
	=	0.00

MDJM (NAS:MDJH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

MDJM Debt-to-Equity Related Terms

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MDJM (MDJH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MDJM Ltd (NAS:MDJH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fernie Castle, Letham, Cupar, Fife, GBR, KY15 7RU

Website

http://ir.mdjmjh.com

MDJM Ltd is a real estate service company. The company provides real estate agency services to real estate developer clients, also real estate consulting services and independent training services on an as-needed basis. It offers consulting, marketing planning, advertising services, and sales strategies to real estate clients. The company income is derived from commission-based services and minimal consulting and other services. The company has two operating segments; the real estate agent services segment and the hospitality business segment. It derives a majority of its revenue from the People's Republic of China.