MLMN (Millennium Prime) Net Cash per Share: $-0.01 (As of Jun. 2010)

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What is Millennium Prime Net Cash per Share?

Millennium Prime MLMN Net Cash per Share is $-0.01 as of Jun. 2010.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Millennium Prime's Net Cash per Share for the quarter that ended in Jun. 2010 was $-0.01.

The historical rank and industry rank for Millennium Prime's Net Cash per Share or its related term are showing as below:

MLMN's Price-to-Net-Cash is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 7.98
* Ranked among companies with meaningful Price-to-Net-Cash only.

Millennium Prime  (OTCPK:MLMN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Millennium Prime Net Cash per Share Related Terms


Millennium Prime Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Net Cash per Share 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 Net Cash per Share Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -120.25 -139.46 -151.75 -162.68 -101.36

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Net Cash per Share 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 -95.78 -101.36 -0.08 -0.10 -0.01

MLMN vs MLFB, BTDG, GBBT: Net Cash per Share Comparison

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Millennium Prime's Price-to-Net-Cash falls into.



Millennium Prime Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Millennium Prime's Net Cash per Share for the fiscal year that ended in Sep. 2009 is calculated as

Net Cash per Share (A: Sep. 2009 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.417-5.485-0)/0.050
=-101.36

Millennium Prime's Net Cash per Share for the quarter that ended in Jun. 2010 is calculated as

Net Cash per Share (Q: Jun. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-1.865-0)/229.932
=-0.01

* 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 Net Cash per Share →
What does a Net Cash per Share of $-0.01 mean?
Millennium Prime (MLMN) has a Net Cash per Share of $-0.01 as of Jun. 2010. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Net Cash per Share too high?
Millennium Prime's current Net Cash per Share is $-0.01.
How does Millennium Prime's Net Cash per Share compare to MLFB and BTDG?
Millennium Prime's Net Cash per Share of $-0.01 can be compared against companies in the Beverages - Alcoholic industry. The industry median Net Cash per Share is 7.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Beverages - Alcoholic company?
The median Net Cash per Share among Beverages - Alcoholic companies is 7.98, based on 33 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Millennium Prime and its competitors. For the Beverages - Alcoholic industry, the median Net Cash per Share is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime's current Net Cash per Share is $-0.01. 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 Net Cash per Share of $-0.01. The current Net Cash per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Net Cash per Share is $-0.01 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.