Mill Interest Expense from 2010 to 2024

MCVT Stock  USD 1.90  0.05  2.70%   
Mill City Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2008-06-30
Previous Quarter
320
Current Value
0.0
Quarterly Volatility
37.2 K
 
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 City's main balance sheet or income statement drivers, such as Other Operating Expenses of 3.9 M, Total Operating Expenses of 3.8 M or Interest Expense of 102.6 K, as well as many indicators such as Price To Sales Ratio of 4.41, Dividend Yield of 0.0057 or PTB Ratio of 0.55. Mill financial statements analysis is a perfect complement when working with Mill City Valuation or Volatility modules.
  
Check out the analysis of Mill City Correlation against competitors.

Latest Mill City's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Mill City Ventures over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Mill City's Interest Expense 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.
Interest Expense10 Years Trend
Very volatile
   Interest Expense   
       Timeline  

Mill Interest Expense Regression Statistics

Arithmetic Mean105,619
Geometric Mean0.00
Coefficient Of Variation132.99
Mean Deviation107,468
Median27,156
Standard Deviation140,464
Sample Variance19.7B
Range478.3K
R-Value(0.01)
Mean Square Error21.2B
R-Squared0.000069
Significance0.98
Slope(261.15)
Total Sum of Squares276.2B

Mill Interest Expense History

2024102.6 K
202378 K
2022195.9 K
2021 9511.0
2018null
2017130.5 K
2016290 K

About Mill City Financial Statements

Mill City shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Mill City investors may analyze each financial statement separately, they are all interrelated. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mill City's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense78 K102.6 K

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Additional Tools for Mill Stock Analysis

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.