MCVT (Mill City Ventures III) Total Liabilities : $0.72 Mil (As of Dec. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Mill City Ventures III Total Liabilities?

Mill City Ventures III's Total Liabilities for the quarter that ended in Dec. 2024 was $0.72 Mil.

Mill City Ventures III's quarterly Total Liabilities increased from Jun. 2024 ($0.27 Mil) to Sep. 2024 ($0.49 Mil) and increased from Sep. 2024 ($0.49 Mil) to Dec. 2024 ($0.72 Mil).

Mill City Ventures III's annual Total Liabilities declined from Dec. 2022 ($0.86 Mil) to Dec. 2023 ($0.52 Mil) but then increased from Dec. 2023 ($0.52 Mil) to Dec. 2024 ($0.72 Mil).

Mill City Ventures III Total Liabilities Historical Data

The historical data trend for Mill City Ventures III's Total 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.

* Premium members only.

Mill City Ventures III Total Liabilities Chart

Mill City Ventures III Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Liabilities

Get a 7-Day Free Trial

0.87

3.28

0.86

0.52

0.72

Mill City Ventures III Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Liabilities	Get a 7-Day Free Trial															0.52	0.05	0.27	0.49	0.72

Mill City Ventures III Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Mill City Ventures III's Total Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Assets (A: Dec. 2024 )	-	Total Equity (A: Dec. 2024 )
	=	20.473	-	19.758
	=	0.72

Mill City Ventures III's Total Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	20.473	-	19.758
	=	0.72

Mill City Ventures III Total Liabilities Related Terms

Thank you for viewing the detailed overview of Mill City Ventures III's Total Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Mill City Ventures III Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mill City Ventures III Ltd (NAS:MCVT) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1907 Wayzata Boulevard, Suite 205, Wayzata, MN, USA, 55391

Website

https://www.millcityventures3.com

Mill City Ventures III Ltd is a non-bank lender and specialty finance company. The company is engaged in the business of providing short-term specialty finance solutions to private businesses, micro-and small-cap public companies, and high-net-worth individuals. The principal specialty finance solutions that the group provides are high-interest short-term lending arrangements. Typically, these lending arrangements involve obtaining collateral as security for the borrower's repayment of funds, or personal guarantees from the principals or affiliates of the borrower.

Executives

Douglas Michael Polinsky	director, officer: Chief Executive Officer	130 LAKE ST. WEST, WAYZATA MN 55391
Laurence S Zipkin	director	701 XENIA AVE S., SUITE 130, MINNEAPOLIS MN 55416
Geraci Joseph Anthony Ii	director, 10 percent owner, officer: Chief Financial Officer	900 IDS CENTER, 80 S. EIGHT STREET, MINNEAPOLOS MN 55402
Lyle Berman	director	10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Howard P Liszt	director	5929 BAKER ROAD, SUITE 475, MINNETONKA MN 55345
Neal Linnihan	10 percent owner	8154 INGBERG CIRCLE, STILLWATER MN 55082
Scott Zbikowski	10 percent owner	109 SW 50TH STREET, CAPE CORAL FL 33914
Chris Larson	director	701 NORTH THIRD STREET, MINNEAPOLIS MN 55401
Joseph D Hammer	director	150 CENTRAL PARK SOUTH, 2ND FLOOR, NEW YORK NY 10019
Amit Sela	10 percent owner	13564 WESTERNESSE ROAD, MINNETONKA MN 55305