Mills Music Trust
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable to Mills Music, Inc. in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue. EMI Mills Music Inc. operates as an owner of the copyrighted materials contained in the catalogue. Mi… Read more
Mills Music Trust (MMTRS) - Total Assets
Latest total assets as of June 2024: $46.00 USD
Based on the latest financial reports, Mills Music Trust (MMTRS) holds total assets worth $46.00 USD as of June 2024.
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.
Mills Music Trust - Total Assets Trend (2008–2022)
This chart illustrates how Mills Music Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mills Music Trust - Asset Composition Analysis
Current Asset Composition (December 2022)
Mills Music Trust's total assets of $46.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $7.93 Million | 17243300.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2022)
This chart illustrates how Mills Music Trust'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: Mills Music Trust's current assets represent 100.0% of total assets in 2022, unchanged from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2022, the same as 100.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 17243300.0% of total assets.
Mills Music Trust Competitors by Total Assets
Key competitors of Mills Music Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
GFM Services Bhd
KLSE:0039
|
Malaysia | RM644.83 Million |
Mills Music Trust - 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 - Mills Music Trust generates -1240235.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mills Music Trust is currently not profitable relative to its asset base.
Mills Music Trust - 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 | 0.00 | 7.36 | 0.00 |
| Quick Ratio | 0.00 | 7.36 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.59 Million | $ 11.84 Million | $ -3.45 Million |
Mills Music Trust - Advanced Valuation Insights
This section examines the relationship between Mills Music Trust'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 | - |
| Latest Market Cap to Assets Ratio | 102206.55 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $46.00 |
| Market Capitalization | $4.70 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mills Music Trust's assets at a significant premium ( 102206.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Mills Music Trust's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Mills Music Trust (2008–2022)
The table below shows the annual total assets of Mills Music Trust from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $46.00 | 0.00% |
| 2021-12-31 | $46.00 | -29.23% |
| 2020-12-31 | $65.00 | 0.00% |
| 2019-12-31 | $65.00 | +1.56% |
| 2018-12-31 | $64.00 | 0.00% |
| 2017-12-31 | $64.00 | 0.00% |
| 2016-12-31 | $64.00 | 0.00% |
| 2015-12-31 | $64.00 | 0.00% |
| 2014-12-31 | $64.00 | -4.48% |
| 2013-12-31 | $67.00 | -23.86% |
| 2010-12-31 | $88.00 | +109.52% |
| 2008-12-31 | $42.00 | -- |