MLMN (Millennium Prime) Debt-to-Equity: -0.46 (As of Jun. 2010)

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What is Millennium Prime Debt-to-Equity?

Millennium Prime MLMN Debt-to-Equity is -0.46 as of Jun. 2010.

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 Total Stockholders Equity for the quarter that ended in Jun. 2010 was $-1.87 Mil. Millennium Prime's debt to equity for the quarter that ended in Jun. 2010 was -0.46.

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 Prime's Debt-to-Equity or its related term are showing as below:

MLMN's Debt-to-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Millennium Prime  (OTCPK:MLMN) 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 Prime Debt-to-Equity Related Terms

Millennium Prime Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Millennium Prime'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 Prime Debt-to-Equity Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.65 -0.60 -0.62 -0.67

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-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 -0.70 -0.67 -0.59 -0.42 -0.46

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

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime'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 Prime Debt-to-Equity vs Beverages - Alcoholic Industry

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

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


Millennium Prime Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Millennium Prime's Debt to Equity Ratio for the fiscal year that ended in Sep. 2009 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
=(3.381 + 0) / -5.068
=-0.67

Millennium Prime's Debt to Equity Ratio for the quarter that ended in Jun. 2010 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
=(0.856 + 0) / -1.865
=-0.46

* 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 -0.46 mean?
Millennium Prime (MLMN) has a Debt-to-Equity of -0.46 as of Jun. 2010. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Debt-to-Equity too high?
Millennium Prime's current Debt-to-Equity is -0.46.
How does Millennium Prime's Debt-to-Equity compare to MLFB and BTDG?
Millennium Prime's Debt-to-Equity of -0.46 can be compared against companies in the Beverages - Alcoholic industry. The industry median Debt-to-Equity is 0.38. 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 Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.38, based on 181 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 Prime and its competitors. For the Beverages - Alcoholic industry, the median Debt-to-Equity is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime's current Debt-to-Equity is -0.46. 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-Equity of -0.46. The current Debt-to-Equity is -0.46. 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 Prime (MLMN), the current Debt-to-Equity is -0.46 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.