Miller Industries Inc (MLR) - Total Assets
Based on the latest financial reports, Miller Industries Inc (MLR) holds total assets worth $604.34 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Miller Industries Inc - Total Assets Trend (1994–2024)
This chart illustrates how Miller Industries Inc's total assets have evolved over time, based on quarterly financial data. Also see MLR market cap for the company's overall valuation and market capitalisation.
Miller Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Miller Industries Inc's total assets of $604.34 Million consist of 79.4% current assets and 20.6% non-current assets. Review debt load of Miller Industries Inc to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $24.34 Million | 3.7% |
| Accounts Receivable | $313.41 Million | 47.0% |
| Inventory | $186.17 Million | 27.9% |
| Property, Plant & Equipment | $116.52 Million | 17.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $20.00 Million | 3.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Miller Industries Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Miller Industries Inc (MLR) share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Miller Industries Inc's current assets represent 79.4% of total assets in 2024, a decrease from 84.5% in 1994.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, down from 33.8% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 47.0% of total assets.
Miller Industries Inc Competitors by Total Assets
Key competitors of Miller Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
USA | $1.31 Billion |
|
Autel Intelligent Technology Corp Ltd
SHG:688208
|
China | CN¥7.19 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
|
Shanghai Jiao Yun Group Co Ltd
SHG:600676
|
China | CN¥7.11 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.84 Billion |
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
China | CN¥2.16 Billion |
|
Suzhou Sonavox Electronics Co. Ltd. A
SHG:688533
|
China | CN¥3.78 Billion |
Miller Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.46 | 2.12 | 2.59 |
| Quick Ratio | 2.13 | 1.46 | 1.83 |
| Cash Ratio | 0.28 | 0.14 | 0.00 |
| Working Capital | $333.69 Million | $324.67 Million | $175.59 Million |
Miller Industries Inc - Advanced Valuation Insights
This section examines the relationship between Miller Industries Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.08 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | $667.01 Million |
| Market Capitalization | $453.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Miller Industries Inc's assets below their book value (0.68x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Miller Industries Inc's assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Miller Industries Inc (1994–2024)
The table below shows the annual total assets of Miller Industries Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $667.01 Million | +3.06% |
| 2023-12-31 | $647.21 Million | +29.07% |
| 2022-12-31 | $501.43 Million | +14.57% |
| 2021-12-31 | $437.64 Million | +9.85% |
| 2020-12-31 | $398.41 Million | +1.64% |
| 2019-12-31 | $391.97 Million | +6.46% |
| 2018-12-31 | $368.18 Million | +16.06% |
| 2017-12-31 | $317.24 Million | +6.66% |
| 2016-12-31 | $297.44 Million | +9.81% |
| 2015-12-31 | $270.86 Million | +3.24% |
| 2014-12-31 | $262.36 Million | +15.74% |
| 2013-12-31 | $226.67 Million | +12.02% |
| 2012-12-31 | $202.35 Million | -4.48% |
| 2011-12-31 | $211.84 Million | +5.99% |
| 2010-12-31 | $199.88 Million | +15.99% |
| 2009-12-31 | $172.32 Million | -1.13% |
| 2008-12-31 | $174.28 Million | -7.81% |
| 2007-12-31 | $189.04 Million | -4.25% |
| 2006-12-31 | $197.43 Million | +36.56% |
| 2005-12-31 | $144.57 Million | +13.10% |
| 2004-12-31 | $127.82 Million | -3.03% |
| 2003-12-31 | $131.82 Million | -18.72% |
| 2002-12-31 | $162.18 Million | -35.89% |
| 2001-12-31 | $252.96 Million | -21.85% |
| 2000-12-31 | $323.69 Million | -17.53% |
| 1999-12-31 | $392.50 Million | -0.10% |
| 1998-12-31 | $392.90 Million | +30.32% |
| 1997-12-31 | $301.50 Million | +88.91% |
| 1996-12-31 | $159.60 Million | +60.73% |
| 1995-12-31 | $99.30 Million | +4.86% |
| 1994-12-31 | $94.70 Million | -- |
About Miller Industries Inc
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transpo… Read more