Third Millennium Industries Stock Analysis
| TMLL Stock | USD 1.00 0.00 0.00% |
Third Millennium's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Third Millennium's financial risk is the risk to Third Millennium stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Third Millennium's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Third Millennium is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Third Millennium to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Third Millennium is said to be less leveraged. If creditors hold a majority of Third Millennium's assets, the Company is said to be highly leveraged.
Third Millennium Industries is fairly valued with Real Value of 1.0 and Hype Value of 1.0. The main objective of Third Millennium pink sheet analysis is to determine its intrinsic value, which is an estimate of what Third Millennium Industries is worth, separate from its market price. There are two main types of Third Millennium's stock analysis: fundamental analysis and technical analysis.
The Third Millennium pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Third Pink Sheet Analysis Notes
The company recorded a loss per share of 706.78. Third Millennium Ind had not issued any dividends in recent years. The entity had a split on the 31st of December 2020. Tele Group Corp., a development stage Web 2.0 software company, develops Internet properties and applications primarily in the United States. Tele Group Corp was incorporated in 2007 and is headquartered in New York, New York. Tele Group operates under Shell Companies classification in the United States and is traded on OTC Exchange.The quote for Third Millennium Industries is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Third Millennium Industries contact the company at 212 209 3849.Third Millennium Ind Investment Alerts
| Third Millennium Ind generated a negative expected return over the last 90 days | |
| Third Millennium Ind has some characteristics of a very speculative penny stock | |
| Third Millennium Ind has a very high chance of going through financial distress in the upcoming years | |
| Third Millennium Industries currently holds 964.5 K in liabilities. Third Millennium Ind has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Third Millennium until it has trouble settling it off, either with new capital or with free cash flow. So, Third Millennium's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Third Millennium Ind sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Third to invest in growth at high rates of return. When we think about Third Millennium's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 15.82 K. Net Loss for the year was (8.47 M) with profit before overhead, payroll, taxes, and interest of 15.82 K. | |
| Third Millennium Industries currently holds about 92.63 K in cash with (628.14 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Third Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 704.77 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Third Millennium's market, we take the total number of its shares issued and multiply it by Third Millennium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Third Millennium Ind, as well as the relationship between them.Third Millennium Ind Price Movement Analysis
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Third Millennium Ind Debt to Cash Allocation
Many companies such as Third Millennium, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Third Millennium Industries currently holds 964.5 K in liabilities. Third Millennium Ind has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Third Millennium until it has trouble settling it off, either with new capital or with free cash flow. So, Third Millennium's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Third Millennium Ind sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Third to invest in growth at high rates of return. When we think about Third Millennium's use of debt, we should always consider it together with cash and equity.Third Millennium Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Third Millennium's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Third Millennium, which in turn will lower the firm's financial flexibility.About Third Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Third Millennium prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Third shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Third Millennium. By using and applying Third Pink Sheet analysis, traders can create a robust methodology for identifying Third entry and exit points for their positions.
Tele Group Corp., a development stage Web 2.0 software company, develops Internet properties and applications primarily in the United States. Tele Group Corp was incorporated in 2007 and is headquartered in New York, New York. Tele Group operates under Shell Companies classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Third Pink Sheet
Third Millennium financial ratios help investors to determine whether Third Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Third with respect to the benefits of owning Third Millennium security.