MLMN (Millennium Prime) Debt-to-EBITDA : -0.01 (As of Jun. 2010)

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What is Millennium Prime Debt-to-EBITDA?

Millennium Prime MLMN Debt-to-EBITDA is -0.01 as of Jun. 2010.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Millennium Prime's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $0.86 Mil. Millennium Prime's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $0.00 Mil. Millennium Prime's annualized EBITDA for the quarter that ended in Jun. 2010 was $-128.93 Mil. Millennium Prime's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2010 was -0.01.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Millennium Prime's Debt-to-EBITDA or its related term are showing as below:

MLMN's Debt-to-EBITDA is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 2.28
* Ranked among companies with meaningful Debt-to-EBITDA only.

Millennium Prime  (OTCPK:MLMN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Millennium Prime Debt-to-EBITDA Related Terms

Millennium Prime Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Debt-to-EBITDA 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.

Millennium Prime Debt-to-EBITDA Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -9.41 -40.48 -113.28 -6.17

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.89 -4.27 -0.51 -0.65 -0.01

MLMN vs MLFB, BTDG, GBBT: Debt-to-EBITDA Comparison

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Millennium Prime Debt-to-EBITDA vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Millennium Prime's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Millennium Prime's Debt-to-EBITDA falls into.


Millennium Prime Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Millennium Prime's Debt-to-EBITDA for the fiscal year that ended in Sep. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.381 + 0) / -0.548
=-6.17

Millennium Prime's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.856 + 0) / -128.932
=-0.01

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2010) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.01 mean?
Millennium Prime (MLMN) has a Debt-to-EBITDA of -0.01 as of Jun. 2010. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Millennium Prime.
Is Millennium Prime's Debt-to-EBITDA too high?
Millennium Prime's current Debt-to-EBITDA is -0.01.
How does Millennium Prime's Debt-to-EBITDA compare to MLFB and BTDG?
Millennium Prime's Debt-to-EBITDA of -0.01 can be compared against companies in the Beverages - Alcoholic industry. The industry median Debt-to-EBITDA is 2.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Beverages - Alcoholic company?
The median Debt-to-EBITDA among Beverages - Alcoholic companies is 2.28, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Millennium Prime. For the Beverages - Alcoholic industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime's current Debt-to-EBITDA is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Prime stock overvalued right now?
Millennium Prime (MLMN) has a current Debt-to-EBITDA of -0.01. The current Debt-to-EBITDA is -0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Debt-to-EBITDA is -0.01 as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millennium Prime Business Description

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141
Millennium Prime Inc develops superior lifestyle innovations for the millennial generation. The company's focus is on marketing products for the beverage, apparel, and entertainment categories, where it can achieve a clear and authentic market position by targeting consumers who live a lifestyle filled with high style, artistic edge, and a demand for the products. Through its subsidiary, the company functions as an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka, which has an exclusive bong-shaped bottle.