MDJM (MDJH) Total Current Assets : $0.68 Mil (As of Dec. 2023)

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What is MDJM Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MDJM's total current assets for the quarter that ended in Dec. 2023 was $0.68 Mil.

MDJM Total Current Assets Historical Data

The historical data trend for MDJM's Total Current Assets 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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MDJM Total Current Assets Chart

MDJM Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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8.84

10.29

8.01

2.49

0.68

MDJM Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial										8.01	6.30	2.49	1.12	0.68

MDJM Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

MDJM's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.504	+	0.167	+	0	+	0.012
	=	0.68

MDJM's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.504	+	0.167	+	0	+	0.012
	=	0.68

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

MDJM (NAS:MDJH) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

MDJM's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.504	-	0.122	+	0.75 * 0.164	+	0.5 * 0
=	0.51

MDJM Total Current Assets Related Terms

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MDJM (MDJH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MDJM Ltd (NAS:MDJH) » Definitions » Total Current Assets

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.