Mills Music Trust (Mills Music Trust) Debt-to-Equity : N/A (As of Dec. 2021)

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What is Mills Music Trust Debt-to-Equity?

Mills Music Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Mills Music Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Mills Music Trust's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $0.00 Mil.

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 Mills Music Trust's Debt-to-Equity or its related term are showing as below:

MMTRS's Debt-to-Equity is not ranked ^*
in the Business Services industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

Mills Music Trust Debt-to-Equity Historical Data

The historical data trend for Mills Music Trust'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.

Mills Music Trust Debt-to-Equity Chart

Mills Music Trust Annual Data

Trend

Dec20

Dec21

Debt-to-Equity

N/A

Mills Music Trust Semi-Annual Data
	Dec20	Dec21
Debt-to-Equity	N/A	N/A

Competitive Comparison of Mills Music Trust's Debt-to-Equity

For the Specialty Business Services subindustry, Mills Music Trust'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.

Mills Music Trust's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Music Trust's Debt-to-Equity distribution charts can be found below:

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

Mills Music Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mills Music Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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)	/	N/A
	=	N/A

Mills Music Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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)	/	0
	=	N/A

Mills Music Trust (OTCPK:MMTRS) 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.

Mills Music Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mills Music Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Mills Music Trust (Mills Music Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mills Music Trust (OTCPK:MMTRS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o HSBC BANK USA, N.A., 452 Fifth Avenue, Corporate Trust, Issuer Services, New York, NY, USA, 10018

Website

https://www.millsmusic.com

Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Mills Music Trust (Mills Music Trust) Headlines

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