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 Liabilities
Latest total liabilities as of September 2022: $46.51 Million USD
Based on the latest financial reports, Millennium Investment & Acquisition Company Inc (MILC) has total liabilities worth $46.51 Million USD as of September 2022.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Millennium Investment & Acquisition Company Inc - Total Liabilities Trend (2005–2021)
This chart illustrates how Millennium Investment & Acquisition Company Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Millennium Investment & Acquisition Company Inc Competitors by Total Liabilities
The table below lists competitors of Millennium Investment & Acquisition Company Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
MEDCO ENERGI INTL
MU:MEF
|
Germany | €5.44 Billion |
|
Universal Global Hub Inc
PINK:UGHB
|
USA | $271.70K |
|
IXICO PLC
LSE:IXI
|
UK | GBX2.10 Million |
|
Baillie Gifford Japan Trust
LSE:BGFD
|
UK | GBX119.61 Million |
Liability Composition Analysis (2005–2021)
This chart breaks down Millennium Investment & Acquisition Company Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.04 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -4.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.33 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Millennium Investment & Acquisition Company Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Millennium Investment & Acquisition Company Inc (2005–2021)
The table below shows the annual total liabilities of Millennium Investment & Acquisition Company Inc from 2005 to 2021.
| Year | Total Liabilities | Change |
|---|---|---|
| 2021-12-31 | $42.72 Million | +1434.16% |
| 2020-12-31 | $2.78 Million | +4846.41% |
| 2019-12-31 | $56.29K | -93.35% |
| 2018-12-31 | $845.94K | +21.15% |
| 2017-12-31 | $698.27K | +88.78% |
| 2016-12-31 | $369.89K | +33.23% |
| 2015-12-31 | $277.62K | +33.86% |
| 2014-12-31 | $207.39K | -77.05% |
| 2013-12-31 | $903.53K | -98.73% |
| 2012-12-31 | $71.28 Million | -23.89% |
| 2011-12-31 | $93.65 Million | +24.09% |
| 2009-12-31 | $75.47 Million | +404.75% |
| 2008-12-31 | $14.95 Million | -77.16% |
| 2007-12-31 | $65.46 Million | +324.23% |
| 2006-12-31 | $15.43 Million | +6713.25% |
| 2005-12-31 | $226.47K | -- |