MLMN (Millennium Prime) Total Current Liabilities: $1.87 Mil (As of Jun. 2010)


What is Millennium Prime Total Current Liabilities?

Millennium Prime MLMN Total Current Liabilities is $1.87 Mil as of Jun. 2010.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Millennium Prime's total current liabilities for the quarter that ended in Jun. 2010 was $1.87

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Millennium Prime Total Current Liabilities Related Terms

Millennium Prime Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Total Current Liabilities 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 Current Liabilities Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 3.91 4.25 4.56 5.49

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 Current Liabilities 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 5.33 5.49 2.58 2.82 1.87

Millennium Prime Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.104+3.381
+Other Current Liabilities+Current Deferred Liabilities
=8.8817841970013E-16+0
=5.49

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.778+0.856
+Other Current Liabilities+Current Deferred Liabilities
=0.231+0
=1.87

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $1.87 Mil mean?
Millennium Prime (MLMN) has a Total Current Liabilities of $1.87 Mil as of Jun. 2010. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Millennium Prime and its competitors.
Is Millennium Prime's Total Current Liabilities too high?
Millennium Prime's current Total Current Liabilities is $1.87 Mil.
How does Millennium Prime's Total Current Liabilities compare to MLFB and BTDG?
Millennium Prime's Total Current Liabilities of $1.87 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 Current Liabilities for a Beverages - Alcoholic company?
A good Total Current Liabilities depends on the Beverages - Alcoholic industry context. However, Total Current Liabilities 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 Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Millennium Prime and its competitors. Millennium Prime's current Total Current Liabilities is $1.87 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 Current Liabilities of $1.87 Mil. The current Total Current Liabilities is $1.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Total Current Liabilities is $1.87 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.