Millennium Historical Cash Flow
| MGIH Stock | 1.51 0.75 33.19% |
Analysis of Millennium Group cash flow over time is an excellent tool to project Millennium Group Int future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Total Cashflows From Investing Activities of 2.5 M or Depreciation of 1.5 M as it is a great indicator of Millennium Group ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Millennium Group Int latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Millennium Group Int is a good buy for the upcoming year.
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About Millennium Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Millennium balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Millennium's non-liquid assets can be easily converted into cash.
Millennium Group Cash Flow Chart
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Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Depreciation
Depreciation indicates how much of Millennium Group Int value has been used up. For tax purposes Millennium Group can deduct the cost of the tangible assets it purchases as business expenses. However, Millennium Group International must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most accounts from Millennium Group's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Millennium Group Int current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Millennium Group International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of now, Millennium Group's Depreciation is decreasing as compared to previous years. The Millennium Group's current Change To Account Receivables is estimated to increase to about 1.5 M, while Change In Cash is forecasted to increase to (12.2 M).
Millennium Group cash flow statement Correlations
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Millennium Group Account Relationship Matchups
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Millennium Group cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (1.4M) | (633.0K) | 3.4M | 1.3M | 1.5M | 1.6M | |
| Change In Cash | (2.1M) | (1.8M) | 8.1M | (14.2M) | (12.8M) | (12.2M) | |
| Free Cash Flow | 4.1M | 1.5M | 7.9M | (6.5M) | (5.8M) | (5.5M) | |
| Change In Working Capital | (453.2K) | (4.1M) | 6.7M | 2.6M | 2.9M | 3.1M | |
| Begin Period Cash Flow | 23.4M | 21.3M | 19.4M | 27.6M | 31.7M | 23.4M | |
| Other Cashflows From Financing Activities | (1.5M) | 23.6M | (216.5K) | (2.2M) | (2.0M) | (1.9M) | |
| Depreciation | 2.1M | 1.9M | 1.7M | 1.4M | 1.3M | 1.5M | |
| Other Non Cash Items | (6.4K) | 81.6K | 14.4K | 633.5K | 570.2K | 526.9K | |
| Capital Expenditures | 1.2M | 540.6K | 216.5K | 2.4M | 2.1M | 1.1M | |
| Total Cash From Operating Activities | 5.3M | 2.0M | 8.1M | (4.1M) | (3.7M) | (3.5M) | |
| Change To Account Receivables | (1.4M) | (1.4M) | 6.7M | 688.3K | 791.5K | 1.5M | |
| Net Income | 3.7M | 4.1M | (354.1K) | (8.8M) | (7.9M) | (7.5M) | |
| Total Cash From Financing Activities | (7.3M) | (5.6M) | 1.8M | (7.9M) | (7.1M) | (6.7M) | |
| End Period Cash Flow | 21.3M | 19.4M | 27.6M | 13.3M | 12.0M | 16.8M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Millennium Group International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 | Quarterly Revenue Growth (0.24) | Return On Assets |
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.