MLMN (Millennium Prime) Total Assets: $0.00 Mil (As of Jun. 2010)


What is Millennium Prime Total Assets?

Millennium Prime MLMN Total Assets is $0.00 Mil as of Jun. 2010.

Millennium Prime's Total Assets for the quarter that ended in Jun. 2010 was $0.00 Mil.

Total Assets is connected with ROA %. Millennium Prime's annualized ROA % for the quarter that ended in Jun. 2010 was -139,505.38%. Total Assets is also linked to Revenue through Asset Turnover. Millennium Prime's Asset Turnover for the quarter that ended in Jun. 2010 was 0.00.

Millennium Prime  (OTCPK:MLMN) Total Assets Explanation

Total Assets is connected with ROA %.

Millennium Prime's annualized ROA % for the quarter that ended in Jun. 2010 is

ROA %=Net Income (Q: Jun. 2010 )/( (Total Assets (Q: Mar. 2010 )+Total Assets (Q: Jun. 2010 ))/ count )
=-129.74/( (0.093+0)/ 1 )
=-129.74/0.093
=-139,505.38 %

Note: The Net Income data used here is four times the quarterly (Jun. 2010) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Millennium Prime's Asset Turnover for the quarter that ended in Jun. 2010 is

Asset Turnover
=Revenue (Q: Jun. 2010 )/( (Total Assets (Q: Mar. 2010 )+Total Assets (Q: Jun. 2010 ))/ count )
=0/( (0.093+0)/ 1 )
=0/0.093
=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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Millennium Prime Total Assets Related Terms

Millennium Prime Total Assets Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Total 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 Total Assets Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.42

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Total 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 0.54 0.42 0.33 0.09 0.00

Millennium Prime Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Millennium Prime's Total Assets for the fiscal year that ended in Sep. 2009 is calculated as

Total Assets=Total Equity (A: Sep. 2009 )+Total Liabilities (A: Sep. 2009 )
=-5.068+5.485
=0.42

Millennium Prime's Total Assets for the quarter that ended in Jun. 2010 is calculated as

Total Assets=Total Equity (Q: Jun. 2010 )+Total Liabilities (Q: Jun. 2010 )
=-1.865+1.865
=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 Total Assets →
What does a Total Assets of $0.00 Mil mean?
Millennium Prime (MLMN) has a Total Assets of $0.00 Mil as of Jun. 2010. The total amount of assets as recorded on a company's balance sheet. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Total Assets too high?
Millennium Prime's current Total Assets is $0.00 Mil.
How does Millennium Prime's Total Assets compare to MLFB and BTDG?
Millennium Prime's Total Assets of $0.00 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 Total Assets for a Beverages - Alcoholic company?
A good Total Assets depends on the Beverages - Alcoholic industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Millennium Prime and its competitors. Millennium Prime's current Total Assets is $0.00 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 Total Assets of $0.00 Mil. The current Total Assets is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Total Assets is $0.00 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.