Millennium Other Stockholder Equity from 2010 to 2024

MGIH Stock   1.55  0.05  3.13%   
Millennium Group's Other Stockholder Equity is increasing with slightly volatile movements from year to year. Other Stockholder Equity is predicted to flatten to about 25.9 M. For the period between 2010 and 2024, Millennium Group, Other Stockholder Equity quarterly trend regression had mean deviation of  13,094,083 and range of 39.3 M. View All Fundamentals
 
Other Stockholder Equity  
First Reported
2010-12-31
Previous Quarter
39.5 M
Current Value
25.9 M
Quarterly Volatility
15.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Millennium Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millennium Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 672.8 K or Total Revenue of 44.1 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.2 or PTB Ratio of 0.53. Millennium financial statements analysis is a perfect complement when working with Millennium Group Valuation or Volatility modules.
  
Check out the analysis of Millennium Group Correlation against competitors.

Latest Millennium Group's Other Stockholder Equity Growth Pattern

Below is the plot of the Other Stockholder Equity of Millennium Group International over the last few years. It is Millennium Group's Other Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Millennium Group's overall financial position and show how it may be relating to other accounts over time.
Other Stockholder Equity10 Years Trend
Slightly volatile
   Other Stockholder Equity   
       Timeline  

Millennium Other Stockholder Equity Regression Statistics

Arithmetic Mean10,029,457
Geometric Mean1,076,618
Coefficient Of Variation150.19
Mean Deviation13,094,083
Median208,895
Standard Deviation15,063,126
Sample Variance226.9T
Range39.3M
R-Value0.81
Mean Square Error85T
R-Squared0.65
Significance0.0003
Slope2,720,172
Total Sum of Squares3176.6T

Millennium Other Stockholder Equity History

202425.9 M
202339.5 M
202234.4 M
202131.1 M
202017.5 M

About Millennium Group Financial Statements

Investors use fundamental indicators, such as Millennium Group's Other Stockholder Equity, to determine how well the company is positioned to perform in the future. Although Millennium Group's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Stockholder Equity39.5 M25.9 M

Currently Active Assets on Macroaxis

When determining whether Millennium Group Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millennium Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millennium Group International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millennium Group International Stock:
Check out the analysis of Millennium Group Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Diversified Metals & Mining space 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 Millennium Group. If investors know Millennium 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 Millennium Group 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
(0.50)
Earnings Share
(0.78)
Revenue Per Share
3.425
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.08)
The market value of Millennium Group Int is measured differently than its book value, which is the value of Millennium that is recorded on the company's balance sheet. Investors also form their own opinion of Millennium Group's value that differs from its market value or its book value, called intrinsic value, which is Millennium Group'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 Millennium Group's market value can be influenced by many factors that don't directly affect Millennium Group'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 Millennium Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millennium Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millennium Group'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.