Tashkent financial institute department of finance from "finance"

Total current assets			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

Table:5

LIABILITIES AND STOCKHOLDERS’ EQUITY

XCurrentliabilities
Accounts payable and accrued expenses	1,076,145	$	619,202
Customer deposit	441		386,416
Current portion of long-term notes payable	1,249,561		312,905
Operating lease obligation, short-term	237,604		-
Total current liabilities	3,004,310		1,318,523
Non-curren tliabilities
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

Return on Sales= =

Table:6

Stockholders’ equityX

Preferred stock,	-		-
Common stock,^26	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

1. 
   Uzbekistan's Development Strategy for 2017-2021, 2016-year
   
2. 
   Razin, Assaf & Sadka, Efraim. (2007). Introduction to Foreign Direct Investment: Analysis of Aggregate Flows.
   
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   Danilchenko, Aleksey & Bertosh, Elena & Artsemyeu, Pavel & Osipov, Roman. (2019). Foreign Investments and TNCs. 10.1108/978-1-83867-695-720191017.
   
4. 
   Lall, M.C.. (2019). Foreign investment and the NRIs. 10.4324/9781315205182-7.
   
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   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.
   
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   Gerus, S. & Boiko, T.. (2020). THE CURRENT TRENDS OF FOREIGN INVESTMENTS. 10.38161/978-5-7823-0731-8-2020-111-118.
   
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   Desierto, Diane. (2020). ASEAN’s foreign investment regime. 10.4324/9781315267401-8.
   
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   FozilchayevSh.Q.,XidirovN.G’.Investitsiyavalizingasoslari.O’quv qo’llanma.–T.: “Iqtisod-moliya”,2017.
   
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   Investitsiyalarni tashkil etish va moliyalashtirish.B.S Mamatov,D.Yu.Xo’jamkulov, O.SH. Nurbekov. Darslik. T.: Iqtisod-Moliya. 2014.608-bet
   
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1^Foreign investment in Uzbekistan - Santandertrade.com

2^ https://www.imf.org/external/pubs/ft/fandd/1999/03/mallamp

3^ https://www.thebalance.com/foreign-direct-investment-fdi-pros-cons-and-importance-3306283

4^2019 January-June Investments Usage rate, www.stat.uz/construction/statistics#for#2019

5^ https://smallbusiness.chron.com/pros-cons-foreign-direct-investment-international-businesses-56164.html

6^ https://www.thebalance.com/foreign-direct-investment-fdi-pros-cons-and-importance-3306283

7^https://lex.uz/docs/4751834

8^https://soleraam.com/2018/08/what-is-investment-protection-and-why-do-you-need-it/

9^https://www.oecd.org/daf/inv/investment-policy/2506900.pdf

10^https://lex.uz/docs/4751834/Article34

11^ Article 36. Investment subsidy: https://lex.uz/docs/4751834

12^Chapter 7. Decentralized Investments: Article 37. Sources of decentralized investments https://lex.uz/docs/4751834

13^ Article 38. Decision-making on the implementation of decentralized investments https://lex.uz/docs/4751834

14^ Chapter 9. Legal regime of foreign investment https://lex.uz/docs/4751834

15^Article 50. Investments Insurance LRU-598 25.12.2019 https://lex.uz/docs/4751834

16^Article 67. Ensuring the execution, communication, clarification of the essence and significance of this LawTashkent city,December 25, 2019,№ LRU-598

17^Boosting Foreign Investment in Uzbekistan | Program Update | Uzbekistan | U.S. Agency for International Development (usaid.gov)

18^https://www.stat.uz/uz/rasmiy-statistika/investment

19^INVESTMENT AND CONSTRUCTION 2017 www.Stat.uz

20^https://www.stat.uz/uz/rasmiy-statistika/investments Spending of investment resources by industrial category

21^ https://www.stat.uz/uz/rasmiy-statistika/investments

22^ https://www.stat.uz/uz/rasmiy-statistika/prices-and-indexes-2

23^https://www.stat.uz/uz/rasmiy-statistika/metadata-2

24^ https://www.stat.uz/uz/rasmiy-statistika/rasmiy-statistika-kalendari

25^Mj Holdings, Inc. (MJNE) 10-K Annual Report Thu Dec 10 2020 (last10k.com)

26^$0.001 par value, 95,000,000 shares authorized, 65,436,449 and 70,894,146 shares issued, issuable, and outstanding at December 31, 2019 and December 31, 2018, respectively