Mill Total Current Assets from 2010 to 2024

MCVT Stock  USD 2.70  0.10  3.57%   
Mill City Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 608.4 K in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2007-12-31
Previous Quarter
1.2 M
Current Value
1.1 M
Quarterly Volatility
2.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mill City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mill main balance sheet or income statement drivers, such as Depreciation And Amortization of 359.1 K, Other Operating Expenses of 4.5 M or Total Operating Expenses of 4.5 M, as well as many exotic indicators such as Price To Sales Ratio of 5.31, Dividend Yield of 0.074 or PTB Ratio of 0.55. Mill financial statements analysis is a perfect complement when working with Mill City Valuation or Volatility modules.
  
This module can also supplement various Mill City Technical models . Check out the analysis of Mill City Correlation against competitors.

Latest Mill City's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Mill City Ventures over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Mill City's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mill City's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Very volatile
   Total Current Assets   
       Timeline  

Mill Total Current Assets Regression Statistics

Arithmetic Mean2,728,292
Geometric Mean1,294,172
Coefficient Of Variation94.91
Mean Deviation1,993,675
Median2,411,265
Standard Deviation2,589,464
Sample Variance6.7T
Range8.3M
R-Value0.05
Mean Square Error7.2T
R-Squared0
Significance0.86
Slope28,044
Total Sum of Squares93.9T

Mill Total Current Assets History

2024608.4 K
2023640.4 K
20221.6 M
20212.5 M
20205.8 M
20198.3 M
20181.4 M

About Mill City Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mill City income statement, its balance sheet, and the statement of cash flows. Mill City investors use historical funamental indicators, such as Mill City's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Mill City investors may use each financial statement separately, they are all related. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mill City's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mill City Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mill City. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets640.4 K608.4 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mill City in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mill City's short interest history, or implied volatility extrapolated from Mill City options trading.

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When determining whether Mill City Ventures is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mill Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mill City Ventures Stock. Highlighted below are key reports to facilitate an investment decision about Mill City Ventures Stock:
Check out the analysis of Mill City Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Mill City's price analysis, check to measure Mill City's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.
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Is Mill City's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mill City. If investors know Mill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mill City listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Earnings Share
(0.18)
Revenue Per Share
0.528
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.01)
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mill City's market value can be influenced by many factors that don't directly affect Mill City's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.