Miller Cash And Short Term Investments from 2010 to 2024

MLR Stock  USD 49.08  0.08  0.16%   
Miller Industries Cash And Short Term Investments yearly trend continues to be relatively stable with very little volatility. Cash And Short Term Investments are likely to drop to about 25.8 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1994-06-30
Previous Quarter
26.8 M
Current Value
29.9 M
Quarterly Volatility
15.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Miller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miller main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 4.3 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0268 or PTB Ratio of 1.86. Miller financial statements analysis is a perfect complement when working with Miller Industries Valuation or Volatility modules.
  
This module can also supplement Miller Industries' financial leverage analysis and stock options assessment as well as various Miller Industries Technical models . Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

Latest Miller Industries' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Miller Industries over the last few years. Short Term Investments is an account in the current assets section of Miller Industries balance sheet. This account contains Miller Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Miller Industries fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Miller Industries' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Miller Industries' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Miller Cash And Short Term Investments Regression Statistics

Arithmetic Mean32,885,555
Geometric Mean26,917,191
Coefficient Of Variation47.21
Mean Deviation12,174,416
Median31,115,000
Standard Deviation15,524,963
Sample Variance241T
Range54.9M
R-Value0.34
Mean Square Error230.3T
R-Squared0.11
Significance0.22
Slope1,164,983
Total Sum of Squares3374.3T

Miller Cash And Short Term Investments History

202425.8 M
202329.9 M
202240.2 M
202154.3 M
202057.5 M
201926.1 M
201827 M

About Miller Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Miller Industries income statement, its balance sheet, and the statement of cash flows. Miller Industries investors use historical funamental indicators, such as Miller Industries's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Miller Industries investors may use each financial statement separately, they are all related. The changes in Miller Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Miller Industries'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 Miller Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Miller Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments29.9 M25.8 M
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 Miller Industries 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, Miller Industries' short interest history, or implied volatility extrapolated from Miller Industries options trading.

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When determining whether Miller Industries is a strong investment it is important to analyze Miller Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Miller Industries' future performance. For an informed investment choice regarding Miller Stock, refer to the following important reports:
Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Miller Industries' 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 Miller Industries. If investors know Miller 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 Miller Industries 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
0.793
Dividend Share
0.72
Earnings Share
5.07
Revenue Per Share
100.827
Quarterly Revenue Growth
0.312
The market value of Miller Industries is measured differently than its book value, which is the value of Miller that is recorded on the company's balance sheet. Investors also form their own opinion of Miller Industries' value that differs from its market value or its book value, called intrinsic value, which is Miller Industries' 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 Miller Industries' market value can be influenced by many factors that don't directly affect Miller Industries' 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 Miller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Miller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miller Industries' 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.