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MJ Holdings (MJ Holdings) Net Margin % : 2,891.30% (As of Sep. 2023)


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What is MJ Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MJ Holdings's Net Income for the three months ended in Sep. 2023 was $0.67 Mil. MJ Holdings's Revenue for the three months ended in Sep. 2023 was $0.02 Mil. Therefore, MJ Holdings's net margin for the quarter that ended in Sep. 2023 was 2,891.30%.

The historical rank and industry rank for MJ Holdings's Net Margin % or its related term are showing as below:

MJNE' s Net Margin % Range Over the Past 10 Years
Min: -62600   Med: -909.58   Max: 1458.68
Current: 442.11


MJNE's Net Margin % is ranked better than
99.41% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 3.25 vs MJNE: 442.11

MJ Holdings Net Margin % Historical Data

The historical data trend for MJ Holdings's Net Margin % 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.

MJ Holdings Net Margin % Chart

MJ Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62,600.00 -909.58 -481.77 1,458.68 -1,486.19

MJ Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % 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 -280.93 496.35 -1,321.95 763.87 2,891.30

Competitive Comparison of MJ Holdings's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, MJ Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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 Holdings's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MJ Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where MJ Holdings's Net Margin % falls into.



MJ Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-5.38/0.362
=-1,486.19 %

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

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=0.665/0.023
=2,891.30 %

* 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  (OTCPK:MJNE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


MJ Holdings Net Margin % Related Terms

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MJ Holdings (MJ Holdings) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Paris Balaouras director, 10 percent owner, officer: Chief Cultivation Officer 212 DESERT VIEW, LAS VEGAS NV 89107
David C. Dear director 101 COLUMNS CIRCLE, SHELBY NC 28150
Bernard Thomas Moyle officer: Chief Financial Officer 201 W NORTH RIVER DR. #100, SPOKANE WA 99201
Roger James Bloss officer: Chief Executive Officer 201 W NORTH RIVER DR. #100, SPOKANE WA 99201
Terrence Mcgill Tierney officer: President 245 E 54TH STREET, #9S, NEW YORK NY 10022
Rsgroberg Consulting Llc officer: President 1256 PANINI DRIVE, ATTN: RICHARD GROBERG, HENDERSON NV 89052

MJ Holdings (MJ Holdings) Headlines