Millennium Other Operating Expenses from 2010 to 2025

MGIH Stock   1.51  0.75  33.19%   
Millennium Group's Other Operating Expenses is decreasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 42.8 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2010-12-31
Previous Quarter
40.9 M
Current Value
42.8 M
Quarterly Volatility
5.7 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 0.61. 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 Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Millennium Group International over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Millennium Group Int. It is also known as Millennium Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Millennium Group's Other Operating Expenses 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 Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Millennium Other Operating Expenses Regression Statistics

Arithmetic Mean52,860,136
Geometric Mean52,549,094
Coefficient Of Variation10.79
Mean Deviation4,452,895
Median54,978,259
Standard Deviation5,701,018
Sample Variance32.5T
Range19.8M
R-Value(0.59)
Mean Square Error22.6T
R-Squared0.35
Significance0.02
Slope(710,259)
Total Sum of Squares487.5T

Millennium Other Operating Expenses History

202542.8 M
202440.9 M
202345.5 M
202246.7 M
202160.7 M
202059.5 M

About Millennium Group Financial Statements

Investors use fundamental indicators, such as Millennium Group's Other Operating Expenses, 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 Operating Expenses40.9 M42.8 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.