MLMN (Millennium Prime) Scaled Net Operating Assets: -10.85 (As of Jun. 2010)


What is Millennium Prime Scaled Net Operating Assets?

Millennium Prime MLMN Scaled Net Operating Assets is -10.85 as of Jun. 2010.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Millennium Prime's operating assets for the quarter that ended in Jun. 2010 was $0.00 Mil. Millennium Prime's operating liabilities for the quarter that ended in Jun. 2010 was $1.01 Mil. Millennium Prime's Total Assets for the quarter that ended in Mar. 2010 was $0.09 Mil. Therefore, Millennium Prime's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2010 was -10.85.

Millennium Prime Scaled Net Operating Assets Historical Data

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The historical data trend for Millennium Prime's Scaled Net Operating 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 Scaled Net Operating Assets Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.88 -338.75 0.00 -574.33 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
Scaled Net Operating 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 0.00 -3.88 -3.00 -5.04 -10.85

MLMN vs MLFB, BTDG, GBBT: Scaled Net Operating Assets Comparison

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

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

* The bar in red indicates where Millennium Prime's Scaled Net Operating Assets falls into.


Millennium Prime Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Millennium Prime's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2009 )
=(Operating Assets (A: Sep. 2009 )-Operating Liabilities (A: Sep. 2009 ))/Total Assets (A: Sep. 2008 )
=(0-2.104)/0
=N/A

where

Operating Assets(A: Sep. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.417 - 0.417
=0

Operating Liabilities(A: Sep. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.485 - 0 - 3.381
=2.104

Millennium Prime's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2010 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2010 )
=(Operating Assets (Q: Jun. 2010 )-Operating Liabilities (Q: Jun. 2010 ))/Total Assets (Q: Mar. 2010 )
=(0-1.009)/0.093
=-10.85

where

Operating Assets(Q: Jun. 2010 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0 - 0
=0

Operating Liabilities(Q: Jun. 2010 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.865 - 0 - 0.856
=1.009

* 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.

What does a Scaled Net Operating Assets of -10.85 mean?
Millennium Prime (MLMN) has a Scaled Net Operating Assets of -10.85 as of Jun. 2010. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Scaled Net Operating Assets too high?
Millennium Prime's current Scaled Net Operating Assets is -10.85.
How does Millennium Prime's Scaled Net Operating Assets compare to MLFB and BTDG?
Millennium Prime's Scaled Net Operating Assets of -10.85 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 Scaled Net Operating Assets for a Beverages - Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Alcoholic industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Millennium Prime and its competitors. Millennium Prime's current Scaled Net Operating Assets is -10.85. 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 Scaled Net Operating Assets of -10.85. The current Scaled Net Operating Assets is -10.85. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Scaled Net Operating Assets is -10.85 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.