|
Total currentassets
|
|
|
817,578
|
|
|
|
2,463,284
|
|
|
|
|
|
|
|
|
Propertyandequipment, net
|
|
|
4,574,082
|
|
|
|
2,628,951
|
Intangibleassets
|
|
|
300
|
|
|
|
300
|
Marketable securities – available for sale
|
|
|
-
|
|
|
|
150
|
Deposits
|
|
|
289,817
|
|
|
|
138,634
|
Operating lease - right-of-use asset
|
|
|
2,194,278
|
|
|
|
-
|
Total assets
|
|
$
|
8,175,755
|
|
|
$
|
5,680,869
|
LIABILITIES AND STOCKHOLDERS’ EQUITY
XCurrentliabilities
|
|
|
|
|
Accounts payable and accrued expenses
|
1,076,145
|
$
|
619,202
|
|
Customerdeposit
|
441
|
|
386,416
|
|
Current portion of long-term notes payable
|
1,249,561
|
|
312,905
|
|
Operating lease obligation, short-term
|
237,604
|
|
-
|
|
|
|
|
|
|
Total currentliabilities
|
3,004,310
|
|
1,318,523
|
|
|
|
|
|
|
Non-currentliabilities
|
|
|
|
|
Long-term notes payable, net of current portion
|
929,526
|
|
1,036,101
|
|
Operating lease obligation, net of current portion
|
2,131,042
|
|
-
|
|
Deferredrent
|
-
|
|
204,026
|
|
|
|
|
|
|
Total non-currentliabilities
|
3,060,568
|
|
1,240,127
|
|
|
|
|
|
|
Total liabilities
|
6,064,878
|
|
2,558,650
|
|
Stockholders’ equityX
Preferred stock,
|
-
|
|
-
|
|
Common stock,23
|
65,436
|
|
70,894
|
|
Additional paid-in capital
|
18,177,723
|
|
10,921,774
|
|
Common stock issuable
|
19
|
|
-
|
|
Subscription receivable
|
10
|
|
-
|
|
Accumulated deficit
|
(16,038,345
|
|
(7,870,449
|
)
|
Total stockholders’ deficit attributable to MJ Holdings, Inc.
|
2,214,833
|
|
3,122,219
|
|
Noncontrolling interests
|
(103,956
|
|
-
|
|
Total shareholders’ equity
|
2,110,877
|
|
3,122,219
|
|
Total liabilities and stockholders’ equity
|
8,175,755
|
$
|
5,680,869
|
|
Debt ratio: Debt ratio is a solvency ratio that measures a firm’s total liabilities as a percentage of its total assets. In a sense, the debt ratio shows a company’s ability to pay off its liabilities with its assets.
Debt ratio= 8,175,755= 0.807
Debt to equity ratio= 6,064,878/2,110,877= 2.87
Cash ratio = (Cash + cash equivalents) / Current liabilities= (22932+11675)/3,004,310= 0.01
This cash flow ratio is too low to consider investing into the company. Because of the pace of inflow of the money to the company is very slow and it may go into bankruptcy in short term. However, the debt ratio and debt to equity ratio are average and in the long-term plans this corporation may get a rocket boom in terms of receiving trade receivables and so on.
Conclusion
All in all, investing into another country’s economy, buying into a foreign company or otherwise expanding your business abroad can be extremely financially rewarding and might provide you with the boost needed to jump to a new level of success. However, foreign direct investment also carries risks, and it is highly important for you to evaluate the economic climate thoroughly before doing it. Also, it is essential to hire a financial expert who is accustomed to working internationally, as he can give you a clear view of the prevailing economic landscape in your target country. He can even help you monitor market stability and predict future growth. Remember that we live in an increasingly globalized economy, so foreign direct investment will become a more accessible option for you when it comes to business. However, you should weigh down its advantages and disadvantages first to know if it is the best road to take.
References
Uzbekistan's Development Strategy for 2017-2021, 2016-year
Razin, Assaf & Sadka, Efraim. (2007). Introduction to Foreign Direct Investment: Analysis of Aggregate Flows.
Danilchenko, Aleksey & Bertosh, Elena & Artsemyeu, Pavel & Osipov, Roman. (2019). Foreign Investments and TNCs. 10.1108/978-1-83867-695-720191017.
Lall, M.C.. (2019). Foreign investment and the NRIs. 10.4324/9781315205182-7.
Fons-Rosen, Christian & Kalemli-Ozcan, Sebnem & Sorensen, Bent & Villegas-Sanchez, Carolina & Volosovych, Vadym. (2021). Quantifying productivity gains from foreign investment. Journal of International Economics. 131. 103456. 10.1016/j.jinteco.2021.103456.
Gerus, S. & Boiko, T.. (2020). THE CURRENT TRENDS OF FOREIGN INVESTMENTS. 10.38161/978-5-7823-0731-8-2020-111-118.
Desierto, Diane. (2020). ASEAN’s foreign investment regime. 10.4324/9781315267401-8.
FozilchayevSh.Q.,XidirovN.G’.Investitsiyavalizingasoslari.O’quv qo’llanma.–T.: “Iqtisod-moliya”,2017.
Investitsiyalarni tashkil etish va moliyalashtirish.B.S Mamatov,D.Yu.Xo’jamkulov, O.SH. Nurbekov. Darslik. T.: Iqtisod-Moliya. 2014.608-bet
VahobovA.V.,XajibakiyevSh.X.,Mo’minovN.G.Xorijiyinvestitsiyalar.O’quvqo’llanma.–T.:“Iqtisod-moliya”,2010.
G’ozibekov D., Nosirov E. O’zbekiston iqtisodiyotiga xorijiy investitsiyalarni jalb qilish.Risola.–T.:“Iqtisod-moliya”,2007.
https://osf.io/preprints/socarxiv/b7j4e/
https://www.lex.uz/docs/-4664142
https://www.researchgate.net/publication/228203146_Islamic_Mutual_Funds'_Financial_Performance_and_International_Investment_Style_Evidence_from_20_Countries
Do'stlaringiz bilan baham: |
