Millennium Investment & Acquisition Company Inc
Millennium Investment and Acquisition Co. Inc. (ticker: MILC) MILC has three assets: 1) Activated Carbon ("AC") plant located in Kawaihae, Hawaii 2) SMC Global ("SMC") - India financial services firm 3) Approximately $2 million of cash and short term investments (zero debt) Investors in MILC can gain exposure to Alternative Energy and India which are two potentially appealing investment all… Read more
Millennium Investment & Acquisition Company Inc (MILC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2022: 0.147x
Based on the latest financial reports, Millennium Investment & Acquisition Company Inc (MILC) has a cash flow conversion efficiency ratio of 0.147x as of September 2022.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.70 Million) by net assets ($-11.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Millennium Investment & Acquisition Company Inc - Cash Flow Conversion Efficiency Trend (2005–2021)
This chart illustrates how Millennium Investment & Acquisition Company Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Millennium Investment & Acquisition Company Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Millennium Investment & Acquisition Company Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Universal Global Hub Inc
PINK:UGHB
|
0.055x |
|
Holde Agri Invest Sa
RO:HAI
|
N/A |
|
Aenza S.A.A.
LIM:AENZAC1
|
N/A |
|
MEDCO ENERGI INTL
MU:MEF
|
N/A |
|
IXICO PLC
LSE:IXI
|
-0.064x |
|
Hatton Plantations Ltd
CM:HPLN0000
|
N/A |
|
FVE
WAR:FVE
|
N/A |
|
Baillie Gifford Japan Trust
LSE:BGFD
|
0.005x |
Annual Cash Flow Conversion Efficiency for Millennium Investment & Acquisition Company Inc (2005–2021)
The table below shows the annual cash flow conversion efficiency of Millennium Investment & Acquisition Company Inc from 2005 to 2021.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | $1.92 Million | $-5.61 Million | -2.926x | -5549.09% |
| 2020-12-31 | $9.13 Million | $-472.97K | -0.052x | -160.41% |
| 2019-12-31 | $18.97 Million | $1.63 Million | 0.086x | +205.60% |
| 2018-12-31 | $31.55 Million | $-2.56 Million | -0.081x | -834.80% |
| 2017-12-31 | $33.79 Million | $373.35K | 0.011x | +151.55% |
| 2016-12-31 | $25.61 Million | $-548.86K | -0.021x | -132.01% |
| 2015-12-31 | $25.10 Million | $1.68 Million | 0.067x | +133.43% |
| 2014-12-31 | $8.83 Million | $-1.77 Million | -0.200x | -240.26% |
| 2013-12-31 | $7.48 Million | $1.07 Million | 0.143x | -43.42% |
| 2012-12-31 | $87.41 Million | $22.06 Million | 0.252x | +248.18% |
| 2011-12-31 | $90.07 Million | $-15.34 Million | -0.170x | -30.36% |
| 2009-12-31 | $95.73 Million | $-12.51 Million | -0.131x | -186.49% |
| 2008-12-31 | $18.31 Million | $-834.88K | -0.046x | +90.19% |
| 2007-12-31 | $57.30 Million | $-26.65 Million | -0.465x | -6609.99% |
| 2006-12-31 | $42.03 Million | $300.31K | 0.007x | +104.65% |
| 2005-12-31 | $19.50K | $-3.00K | -0.154x | -- |