MLMN (Millennium Prime) Liabilities-to-Assets : 0.00 (As of Jun. 2010)

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What is Millennium Prime Liabilities-to-Assets?

Millennium Prime MLMN Liabilities-to-Assets is 0.00 as of Jun. 2010.

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 Prime's Total Liabilities for the quarter that ended in Jun. 2010 was $1.87 Mil. Millennium Prime's Total Assets for the quarter that ended in Jun. 2010 was $0.00 Mil.


Millennium Prime  (OTCPK:MLMN) 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 Prime Liabilities-to-Assets Related Terms


Millennium Prime Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Millennium Prime'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 Prime Liabilities-to-Assets Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 842.75 0.00 1,417.33 0.00 13.15

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 9.84 13.15 7.73 30.31 0.00

MLMN vs MLFB, BTDG, GBBT: Liabilities-to-Assets Comparison

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

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

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



Millennium Prime 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 Prime's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2009 is calculated as:

Liabilities-to-Assets (A: Sep. 2009 )=Total Liabilities/Total Assets
=5.485/0.417
=13.15

Millennium Prime's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2010 is calculated as

Liabilities-to-Assets (Q: Jun. 2010 )=Total Liabilities/Total Assets
=1.865/0
=N/A

* 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 0.00 mean?
Millennium Prime (MLMN) has a Liabilities-to-Assets of 0.00 as of Jun. 2010. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Liabilities-to-Assets too high?
Millennium Prime's current Liabilities-to-Assets is 0.00.
How does Millennium Prime's Liabilities-to-Assets compare to MLFB and BTDG?
Millennium Prime's Liabilities-to-Assets of 0.00 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Liabilities-to-Assets depends on the Beverages - Alcoholic 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 Prime and its competitors. Millennium Prime's current Liabilities-to-Assets is 0.00. 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 Liabilities-to-Assets of 0.00. The current Liabilities-to-Assets is 0.00. 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 Prime (MLMN), the current Liabilities-to-Assets is 0.00 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.