MILC (Millennium Sustainable Ventures) Liabilities-to-Assets : 1.33 (As of Sep. 2022)

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MILC Millennium Sustainable Ventures Corp MILC
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What is Millennium Sustainable Ventures Liabilities-to-Assets?

Millennium Sustainable Ventures MILC 12 Liabilities-to-Assets is 1.33 as of Sep. 2022. GuruFocus rates MILC with a GF Score™ of 12/100.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Millennium Sustainable Ventures's Total Liabilities for the quarter that ended in Sep. 2022 was $46.51 Mil. Millennium Sustainable Ventures's Total Assets for the quarter that ended in Sep. 2022 was $34.97 Mil. Therefore, Millennium Sustainable Ventures's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 1.33.


Millennium Sustainable Ventures  (OTCPK:MILC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Millennium Sustainable Ventures Liabilities-to-Assets Related Terms


Millennium Sustainable Ventures Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Millennium Sustainable Ventures's Liabilities-to-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.

Millennium Sustainable Ventures Liabilities-to-Assets Chart

Millennium Sustainable Ventures Annual Data
Trend Mar12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.00 0.23 0.96

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
Liabilities-to-Assets 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 0.86 0.96 1.02 1.12 1.33

MILC vs PLXPQ, GNRS, ZTS: Liabilities-to-Assets Comparison

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

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

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


MILC
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Millennium Sustainable Ventures Corp MILC
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Millennium Sustainable Ventures Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Millennium Sustainable Ventures's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=42.718/44.635
=0.96

Millennium Sustainable Ventures's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=46.514/34.967
=1.33

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 1.33 mean?
Millennium Sustainable Ventures (MILC) has a Liabilities-to-Assets of 1.33 as of Sep. 2022. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Millennium Sustainable Ventures and its competitors.
Is Millennium Sustainable Ventures' Liabilities-to-Assets too high?
Millennium Sustainable Ventures' current Liabilities-to-Assets is 1.33. 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' Liabilities-to-Assets compare to PLXPQ and GNRS?
Millennium Sustainable Ventures' Liabilities-to-Assets of 1.33 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Drug Manufacturers company?
A good Liabilities-to-Assets depends on the Drug Manufacturers industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Millennium Sustainable Ventures and its competitors. Millennium Sustainable Ventures's current Liabilities-to-Assets is 1.33. 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 Liabilities-to-Assets of 1.33. The current Liabilities-to-Assets is 1.33. 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 Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Millennium Sustainable Ventures (MILC), the current Liabilities-to-Assets is 1.33 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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