MLMN (Millennium Prime) Tax Rate %: 0.00% (As of Jun. 2010)


What is Millennium Prime Tax Rate %?

Millennium Prime MLMN Tax Rate % is 0.00% as of Jun. 2010.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Millennium Prime's Tax Expense for the three months ended in Jun. 2010 was $0.00 Mil. Millennium Prime's Pre-Tax Income for the three months ended in Jun. 2010 was $-32.44 Mil. Therefore, Millennium Prime's Tax Rate % for the quarter that ended in Jun. 2010 was 0.00%.

Millennium Prime Tax Rate % Related Terms

Millennium Prime Tax Rate % Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Tax Rate % 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 Tax Rate % Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 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
Tax Rate % 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 Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Millennium Prime's Tax Rate % for the fiscal year that ended in Sep. 2009 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2009 )/Pre-Tax Income (A: Sep. 2009 )
=0/-0.847
=0.00 %

Millennium Prime's Tax Rate % for the quarter that ended in Jun. 2010 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2010 )/Pre-Tax Income (Q: Jun. 2010 )
=0/-32.435
=0.00 %

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