MILC (Millennium Sustainable Ventures) Equity-to-Asset: -0.33 (As of Sep. 2022)

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

Millennium Sustainable Ventures MILC 12 Equity-to-Asset is -0.33 as of Sep. 2022. GuruFocus rates MILC with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Millennium Sustainable Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-11.55 Mil. Millennium Sustainable Ventures's Total Assets for the quarter that ended in Sep. 2022 was $34.97 Mil.

The historical rank and industry rank for Millennium Sustainable Ventures's Equity-to-Asset or its related term are showing as below:

MILC's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.61
* Ranked among companies with meaningful Equity-to-Asset only.

Millennium Sustainable Ventures  (OTCPK:MILC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Millennium Sustainable Ventures Equity-to-Asset Related Terms


Millennium Sustainable Ventures Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Millennium Sustainable Ventures's Equity-to-Asset 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 Equity-to-Asset Chart

Millennium Sustainable Ventures Annual Data
Trend Mar12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.97 1.00 0.77 0.04

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
Equity-to-Asset 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 0.14 0.04 -0.02 -0.12 -0.33

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

For the Drug Manufacturers - Specialty & Generic subindustry, Millennium Sustainable Ventures's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Drug Manufacturers Industry

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

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


MILC
12GF Score
Millennium Sustainable Ventures Corp MILC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennium Sustainable Ventures Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Millennium Sustainable Ventures's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=1.917/44.635
=0.04

Millennium Sustainable Ventures's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-11.547/34.967
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of -0.33 mean?
Millennium Sustainable Ventures (MILC) has a Equity-to-Asset of -0.33 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Millennium Sustainable Ventures and its competitors.
Is Millennium Sustainable Ventures' Equity-to-Asset too high?
Millennium Sustainable Ventures' current Equity-to-Asset is -0.33. 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' Equity-to-Asset compare to PLXPQ and GNRS?
Millennium Sustainable Ventures' Equity-to-Asset of -0.33 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Drug Manufacturers company?
The median Equity-to-Asset among Drug Manufacturers companies is 0.61, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Millennium Sustainable Ventures and its competitors. For the Drug Manufacturers industry, the median Equity-to-Asset is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Sustainable Ventures's current Equity-to-Asset is -0.33. 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 Equity-to-Asset of -0.33. The current Equity-to-Asset is -0.33. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Millennium Sustainable Ventures (MILC), the current Equity-to-Asset is -0.33 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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