MILC (Millennium Sustainable Ventures) Debt-to-Equity: -3.65 (As of Sep. 2022)

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MILC Millennium Sustainable Ventures Corp MILC
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What is Millennium Sustainable Ventures Debt-to-Equity?

Millennium Sustainable Ventures MILC 12 Debt-to-Equity is -3.65 as of Sep. 2022. GuruFocus rates MILC with a GF Score™ of 12/100.

Millennium Sustainable Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2.65 Mil. Millennium Sustainable Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $39.53 Mil. Millennium Sustainable Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-11.55 Mil. Millennium Sustainable Ventures's debt to equity for the quarter that ended in Sep. 2022 was -3.65.

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 Millennium Sustainable Ventures's Debt-to-Equity or its related term are showing as below:

MILC's Debt-to-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

Millennium Sustainable Ventures  (OTCPK:MILC) 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.

Millennium Sustainable Ventures Debt-to-Equity Related Terms

Millennium Sustainable Ventures Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Millennium Sustainable Ventures'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.

Millennium Sustainable Ventures Debt-to-Equity Chart

Millennium Sustainable Ventures Annual Data
Trend Mar12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.28 22.09

Millennium Sustainable Ventures Quarterly Data
Dec15 Jun16 Dec16 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity 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 6.20 22.09 -44.22 -9.11 -3.65

MILC vs PLXPQ, GNRS, ZTS: Debt-to-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Millennium Sustainable Ventures'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.

Millennium Sustainable Ventures Debt-to-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Millennium Sustainable Ventures's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Millennium Sustainable Ventures's Debt-to-Equity falls into.


MILC
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Millennium Sustainable Ventures Corp MILC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennium Sustainable Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Millennium Sustainable Ventures'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
=(3.68 + 38.66) / 1.917
=22.09

Millennium Sustainable Ventures's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
=(2.653 + 39.525) / -11.547
=-3.65

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -3.65 mean?
Millennium Sustainable Ventures (MILC) has a Debt-to-Equity of -3.65 as of Sep. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Millennium Sustainable Ventures and its competitors.
Is Millennium Sustainable Ventures' Debt-to-Equity too high?
Millennium Sustainable Ventures' current Debt-to-Equity is -3.65. Overall, Millennium Sustainable Ventures has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Millennium Sustainable Ventures' Debt-to-Equity compare to PLXPQ and GNRS?
Millennium Sustainable Ventures' Debt-to-Equity of -3.65 can be compared against companies in the Drug Manufacturers industry. The industry median Debt-to-Equity is 0.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.27, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Millennium Sustainable Ventures and its competitors. For the Drug Manufacturers industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Sustainable Ventures's current Debt-to-Equity is -3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Sustainable Ventures stock overvalued right now?
Millennium Sustainable Ventures (MILC) has a current Debt-to-Equity of -3.65. The current Debt-to-Equity is -3.65. Millennium Sustainable Ventures' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Millennium Sustainable Ventures (MILC), the current Debt-to-Equity is -3.65 as of Sep. 2022. 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 Sustainable Ventures Business Description

Address 301 Winding Road, Old Bethpage, NY, USA, 11804
Millennium Sustainable Ventures Corp is engaged in the sustainable cultivation of cannabis in greenhouses, and sustainable production of activated carbon.
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