MLMN (Millennium Prime) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2010)


What is Millennium Prime LT-Debt-to-Total-Asset?

Millennium Prime MLMN LT-Debt-to-Total-Asset is 0.00 as of Jun. 2010.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Millennium Prime's long-term debt to total assests ratio for the quarter that ended in Jun. 2010 was 0.00.

Millennium Prime's long-term debt to total assets ratio stayed the same from Jun. 2009 (0.00) to Jun. 2010 (0.00).

Millennium Prime  (OTCPK:MLMN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Millennium Prime LT-Debt-to-Total-Asset Related Terms

Millennium Prime LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Millennium Prime's LT-Debt-to-Total-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 Prime LT-Debt-to-Total-Asset Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 0.00 0.00 0.00 0.00

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
LT-Debt-to-Total-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 0.00 0.00 0.00 0.00 0.00

Millennium Prime LT-Debt-to-Total-Asset Calculation

Millennium Prime's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2009 is calculated as

LT Debt to Total Assets (A: Sep. 2009 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2009 )/Total Assets (A: Sep. 2009 )
=0/0.417
=

Millennium Prime's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2010 is calculated as

LT Debt to Total Assets (Q: Jun. 2010 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2010 )/Total Assets (Q: Jun. 2010 )
=0/0
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Millennium Prime (MLMN) has a LT-Debt-to-Total-Asset of 0.00 as of Jun. 2010. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's LT-Debt-to-Total-Asset too high?
Millennium Prime's current LT-Debt-to-Total-Asset is 0.00.
How does Millennium Prime's LT-Debt-to-Total-Asset compare to MLFB and BTDG?
Millennium Prime's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset for a Beverages - Alcoholic company?
A good LT-Debt-to-Total-Asset depends on the Beverages - Alcoholic industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Millennium Prime and its competitors. Millennium Prime's current LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Millennium Prime (MLMN), the current LT-Debt-to-Total-Asset 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.