MLMN (Millennium Prime) Retained Earnings: $-54.31 Mil (As of Jun. 2010)


What is Millennium Prime Retained Earnings?

Millennium Prime MLMN Retained Earnings is $-54.31 Mil as of Jun. 2010.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Millennium Prime's retained earnings for the quarter that ended in Jun. 2010 was $-54.31 Mil.

Millennium Prime's quarterly retained earnings declined from Dec. 2009 ($-21.40 Mil) to Mar. 2010 ($-21.87 Mil) and declined from Mar. 2010 ($-21.87 Mil) to Jun. 2010 ($-54.31 Mil).

Millennium Prime's annual retained earnings declined from Sep. 2007 ($-19.51 Mil) to Sep. 2008 ($-19.82 Mil) and declined from Sep. 2008 ($-19.82 Mil) to Sep. 2009 ($-20.66 Mil).

Millennium Prime  (OTCPK:MLMN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Millennium Prime Retained Earnings Historical Data

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The historical data trend for Millennium Prime's Retained Earnings 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 Retained Earnings Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.63 -19.17 -19.51 -19.82 -20.66

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Retained Earnings 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 -20.38 -20.66 -21.40 -21.87 -54.31

Millennium Prime Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-54.31 Mil mean?
Millennium Prime (MLMN) has a Retained Earnings of $-54.31 Mil as of Jun. 2010. Retained earnings is the amount of net income not issued to shareholders. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Retained Earnings too high?
Millennium Prime's current Retained Earnings is $-54.31 Mil.
How does Millennium Prime's Retained Earnings compare to MLFB and BTDG?
Millennium Prime's Retained Earnings of $-54.31 Mil 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 Retained Earnings for a Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Millennium Prime and its competitors. Millennium Prime's current Retained Earnings is $-54.31 Mil. 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 Retained Earnings of $-54.31 Mil. The current Retained Earnings is $-54.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Retained Earnings is $-54.31 Mil 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.