Mills Music Trust (Mills Music Trust) Total Assets : $0.00 Mil (As of Dec. 2021)

View and export this data going back to . Start your Free Trial

What is Mills Music Trust Total Assets?

Mills Music Trust's Total Assets for the quarter that ended in Dec. 2021 was $0.00 Mil.

Total Assets is connected with ROA %. Mills Music Trust's annualized ROA % for the quarter that ended in Dec. 2021 was N/A%. Total Assets is also linked to Revenue through Asset Turnover. Mills Music Trust's Asset Turnover for the quarter that ended in Dec. 2021 was N/A.

Mills Music Trust Total Assets Historical Data

The historical data trend for Mills Music Trust's Total 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.

* Premium members only.

Mills Music Trust Total Assets Chart

Mills Music Trust Annual Data

Trend

Dec20

Dec21

Total Assets

Mills Music Trust Semi-Annual Data
	Dec20	Dec21
Total Assets	-	-

Mills Music Trust Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Mills Music Trust's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	N/A	+	N/A
	=	N/A

Mills Music Trust's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2021 )	+	Total Liabilities (Q: Dec. 2021 )
	=	N/A	+	N/A
	=	N/A

Mills Music Trust (OTCPK:MMTRS) Total Assets Explanation

Total Assets is connected with ROA %.

Mills Music Trust's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %	=	Net Income (Q: Dec. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
	=	0.83	/	( (0	+	0)	/ 1 )
	=	0.83	/	N/A
	=	N/A %

Note: The Net Income data used here is one times the annual (Dec. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Mills Music Trust's Asset Turnover for the quarter that ended in Dec. 2021 is

	Asset Turnover
=	Revenue (Q: Dec. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
=	1.062	/	( (0	+	0)	/ 1 )
=	1.062	/	N/A
=	N/A

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Mills Music Trust Total Assets Related Terms

Thank you for viewing the detailed overview of Mills Music Trust's Total Assets 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 » Total Assets

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

From GuruFocus

Unveiling the Dividend Dynamics of Mills Music Trust

By GuruFocus Research • 09-22-2023