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 Liabilities
Latest total liabilities as of March 2023: $102.90 Million USD
Based on the latest financial reports, Mills Music Trust (MMTRS) has total liabilities worth $102.90 Million USD as of March 2023.
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.
Mills Music Trust - Total Liabilities Trend (2017–2022)
This chart illustrates how Mills Music Trust's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Mills Music Trust Competitors by Total Liabilities
The table below lists competitors of Mills Music Trust ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Timberwell Bhd
KLSE:7854
|
Malaysia | RM14.94 Million |
|
Free Flow Inc
OTCQB:FFLO
|
USA | $2.08 Million |
|
Blue Label Telecoms Ltd
JSE:BLU
|
South Africa | ZAC12.13 Billion |
|
SAG Holdings Limited
NASDAQ:SAG
|
USA | $30.72 Million |
|
Sweet Earth Holdings Corporation
PINK:SEHCF
|
USA | $171.69K |
|
Brait SE
JSE:BAT
|
South Africa | ZAC2.77 Billion |
|
Antilles Gold Limited
PINK:ANTMF
|
USA | $994.15K |
|
aXichem AB
ST:AXIC-A
|
Sweden | Skr9.69 Million |
Liability Composition Analysis (2017–2022)
This chart breaks down Mills Music Trust'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 | 0.00 | 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 | 0.35 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2236923.72 | 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 Mills Music Trust's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mills Music Trust (2017–2022)
The table below shows the annual total liabilities of Mills Music Trust from 2017 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $105.55 Million | +0.42% |
| 2021-12-31 | $105.11 Million | -5.82% |
| 2020-12-31 | $111.61 Million | -0.02% |
| 2019-12-31 | $111.63 Million | +5.70% |
| 2018-12-31 | $105.61 Million | -5.58% |
| 2017-12-31 | $111.84 Million | -- |