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) - Total Assets
Latest total assets as of September 2022: $34.97 Million USD
Based on the latest financial reports, Millennium Investment & Acquisition Company Inc (MILC) holds total assets worth $34.97 Million USD as of September 2022.
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.
Millennium Investment & Acquisition Company Inc - Total Assets Trend (2005–2021)
This chart illustrates how Millennium Investment & Acquisition Company Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Millennium Investment & Acquisition Company Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Millennium Investment & Acquisition Company Inc's total assets of $34.97 Million consist of 8.5% current assets and 91.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $5.78K | 0.0% |
| Inventory | $2.11 Million | 4.7% |
| Property, Plant & Equipment | $39.58 Million | 88.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2021)
This chart illustrates how Millennium Investment & Acquisition Company 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millennium Investment & Acquisition Company Inc's current assets represent 8.5% of total assets in 2021, a decrease from 10.2% in 2005.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2021, down from 10.2% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 88.7% of total assets.
Millennium Investment & Acquisition Company Inc Competitors by Total Assets
Key competitors of Millennium Investment & Acquisition Company Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Biostar Pharmaceuticals Inc
PINK:BSPM
|
USA | $41.43 Million |
|
High Sierra Technologies Inc
PINK:HSTI
|
USA | $10.70K |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
China | CN¥12.75 Billion |
Millennium Investment & Acquisition Company Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Millennium Investment & Acquisition Company Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Millennium Investment & Acquisition Company Inc is currently not profitable relative to its asset base.
Millennium Investment & Acquisition Company 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 | 0.04 | 2.37 | 13.83 |
| Quick Ratio | 0.02 | 1.95 | 13.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.16 Million | $ 2.61 Million | $ 2.27 Million |
Millennium Investment & Acquisition Company Inc - Advanced Valuation Insights
This section examines the relationship between Millennium Investment & Acquisition Company 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 | 4.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 274.6% |
| Total Assets | $44.63 Million |
| Market Capitalization | $988.99 USD |
Valuation Analysis
Below Book Valuation: The market values Millennium Investment & Acquisition Company Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Millennium Investment & Acquisition Company Inc's assets grew by 274.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Millennium Investment & Acquisition Company Inc (2005–2021)
The table below shows the annual total assets of Millennium Investment & Acquisition Company Inc from 2005 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $44.63 Million | +274.55% |
| 2020-12-31 | $11.92 Million | -37.38% |
| 2019-12-31 | $19.03 Million | -41.26% |
| 2018-12-31 | $32.39 Million | -6.08% |
| 2017-12-31 | $34.49 Million | +32.77% |
| 2016-12-31 | $25.98 Million | +2.37% |
| 2015-12-31 | $25.38 Million | +180.69% |
| 2014-12-31 | $9.04 Million | +7.77% |
| 2013-12-31 | $8.39 Million | -94.71% |
| 2012-12-31 | $158.68 Million | -13.63% |
| 2011-12-31 | $183.72 Million | +7.32% |
| 2009-12-31 | $171.19 Million | +414.74% |
| 2008-12-31 | $33.26 Million | -72.91% |
| 2007-12-31 | $122.75 Million | +113.62% |
| 2006-12-31 | $57.46 Million | +23262.07% |
| 2005-12-31 | $245.97K | -- |