Milestone Scientific Financials

MLSS Stock  USD 0.79  0.02  2.60%   
Based on the measurements of operating efficiency obtained from Milestone Scientific's historical financial statements, Milestone Scientific is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Milestone Scientific's Common Stock is comparatively stable compared to the past year. Property Plant Equipment is likely to gain to about 542.6 K in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 376.2 K in 2024. Key indicators impacting Milestone Scientific's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01490.0142
Sufficiently Up
Slightly volatile
Current Ratio2.443.5084
Way Down
Slightly volatile
The financial analysis of Milestone Scientific is a critical element in measuring its lifeblood. Investors should not minimize Milestone Scientific's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(7.28 Million)

  
Understanding current and past Milestone Scientific Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Milestone Scientific's financial statements are interrelated, with each one affecting the others. For example, an increase in Milestone Scientific's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Milestone Scientific's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Milestone Scientific. Check Milestone Scientific's Beneish M Score to see the likelihood of Milestone Scientific's management manipulating its earnings.

Milestone Scientific Stock Summary

Milestone Scientific competes with InfuSystems Holdings, STRATA Skin, Retractable Technologies, OncoCyte Corp, and PAVmed. Milestone Scientific Inc. designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. Milestone Scientific Inc. was incorporated in 1989 and is headquartered in Livingston, New Jersey. Milestone Scientific operates under Medical Instruments Supplies classification in the United States and is traded on AMEX Exchange. It employs 26 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS59935P2092
CUSIP59935P209 59935P100
LocationNew Jersey; U.S.A
Business Address425 Eagle Rock
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.milestonescientific.com
Phone973 535 2717
CurrencyUSD - US Dollar

Milestone Scientific Key Financial Ratios

Milestone Scientific Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.6M19.6M19.8M13.7M11.4M9.5M
Other Current Liab3.2M2.9M2.1M2.0M1.7M1.0M
Net Debt(1.5M)(13.3M)(14.2M)(8.2M)(2.6M)(2.7M)
Retained Earnings(93.5M)(100.9M)(107.7M)(116.4M)(123.3M)(117.2M)
Accounts Payable1.4M483.0K780.4K1.1M1.1M1.5M
Cash1.5M14.2M14.8M8.7M3.0M3.4M
Net Receivables1.7M1.1M943.3K693.7K312.7K297.0K
Inventory1.6M2.4M1.5M1.8M2.6M1.7M
Total Liab4.9M3.5M3.6M3.7M3.4M3.9M
Total Current Assets6.1M18.6M18.9M13.0M10.8M7.7M
Short Term Debt16.0K356.0K179.1K202.1K227.4K216.0K
Intangible Assets382.3K329.2K277.6K228.0K178.6K169.7K
Other Current Assets535.0K830.1K1.7M1.8M1.9M2.0M
Common Stock49.4K64.2K68.2K69.3K75.9K79.7K
Other Assets26.9K35.9K687.3K24.2K0.90.86
Net Tangible Assets1.1M1.3M15.9M16.1M18.5M19.4M
Capital Surpluse86.7M88.4M96.1M117.9M135.6M90.5M

Milestone Scientific Key Income Statement Accounts

The reason investors look at the income statement is to determine what Milestone Scientific's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense7.1M18.1K16.4K54.6K62.8K59.7K
Total Revenue8.4M5.4M10.3M8.8M9.8M7.9M
Gross Profit5.7M3.6M6.3M4.9M6.8M4.5M
Operating Income(4.0M)(7.5M)(7.4M)(8.8M)(7.1M)(6.8M)
Ebit(4.0M)(7.5M)(7.4M)(8.8M)(7.1M)(6.8M)
Research Development189.9K307.9K878.2K1.2M701.4K434.0K
Ebitda(106.9K)(7.4M)(7.3M)(8.7M)(7.0M)(6.6M)
Income Before Tax(7.6M)(7.5M)(7.1M)(8.8M)(7.0M)(7.3M)
Net Income(7.7M)(7.5M)(7.1M)(8.7M)(6.9M)(7.3M)
Income Tax Expense18.1K15.5K333.0(66.7K)(51.8K)(49.3K)
Cost Of Revenue2.7M1.8M4.0M3.9M3.0M3.5M
Minority Interest(55.9K)(94.4K)58.1K66.7K46.7K49.0K
Tax Provision19.1K24.0K18.1K15.5K333.00.0
Interest Income9.3K7.4K1.5K6.7K7.7K5.5K
Net Interest Income1.5K6.7K(16.4K)54.6K130.5K137.0K

Milestone Scientific Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory300.5K(799.7K)878.7K(833.1K)(1.1M)(1.0M)
Change In Cash772.8K12.7M540.4K(6.0M)(5.7M)(5.5M)
Free Cash Flow(1.8M)(7.0M)(4.0M)(6.0M)(5.3M)(5.6M)
Depreciation256.5K95.9K73.8K144.4K150.4K209.7K
Other Non Cash Items3.6M1.7M652.8K1.3M968.2K739.5K
Capital Expenditures9.9K21.4K15.2K8.5K4.9K4.6K
Net Income(7.6M)(7.4M)(6.9M)(8.8M)(6.9M)(7.3M)
End Period Cash Flow1.5M14.2M14.8M8.7M3.0M3.4M
Change Receivables269.7K(587.1K)296.9K938.2K1.1M1.1M
Change To Netincome2.2M3.7M2.1M1.7M1.9M2.1M
Investments(9.9K)(21.4K)(15.2K)(8.5K)(2.5M)(2.3M)

Milestone Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Milestone Scientific's current stock value. Our valuation model uses many indicators to compare Milestone Scientific value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Milestone Scientific competition to find correlations between indicators driving Milestone Scientific's intrinsic value. More Info.
Milestone Scientific is regarded third in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, Milestone Scientific's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Milestone Scientific by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Milestone Scientific Systematic Risk

Milestone Scientific's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Milestone Scientific volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Milestone Scientific correlated with the market. If Beta is less than 0 Milestone Scientific generally moves in the opposite direction as compared to the market. If Milestone Scientific Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Milestone Scientific is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Milestone Scientific is generally in the same direction as the market. If Beta > 1 Milestone Scientific moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Milestone Scientific Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Milestone Scientific's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Milestone Scientific growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.37

At this time, Milestone Scientific's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Milestone Scientific November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Milestone Scientific help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Milestone Scientific. We use our internally-developed statistical techniques to arrive at the intrinsic value of Milestone Scientific based on widely used predictive technical indicators. In general, we focus on analyzing Milestone Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Milestone Scientific's daily price indicators and compare them against related drivers.

Additional Tools for Milestone Stock Analysis

When running Milestone Scientific's price analysis, check to measure Milestone Scientific'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 Milestone Scientific is operating at the current time. Most of Milestone Scientific's value examination focuses on studying past and present price action to predict the probability of Milestone Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Milestone Scientific's price. Additionally, you may evaluate how the addition of Milestone Scientific to your portfolios can decrease your overall portfolio volatility.