Miller Historical Balance Sheet

MLR Stock

USD 43.86 0.44 0.99%

Trend analysis of Miller Industries balance sheet accounts such as Total Current Liabilities of 207.8 M provides information on Miller Industries' total assets, liabilities, and equity, which is the actual value of Miller Industries to its prevalent stockholders. By breaking down trends over time using Miller Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Miller Industries 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 Miller Industries is a good buy for the upcoming year.

Miller Industries Inventory

195.48 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

About Miller Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Miller Industries at a specified time, usually calculated after every quarter, six months, or one year. Miller Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Miller Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Miller currently owns. An asset can also be divided into two categories, current and non-current.

Miller Industries Balance Sheet Chart

At this time, Miller Industries' Accounts Payable is relatively stable compared to the past year. As of 03/26/2025, Cash is likely to grow to about 27.3 M, while Non Current Assets Total are likely to drop slightly above 84.4 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of Miller Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Miller Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Miller Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Miller Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Miller Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Miller Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Miller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.At this time, Miller Industries' Accounts Payable is relatively stable compared to the past year. As of 03/26/2025, Cash is likely to grow to about 27.3 M, while Non Current Assets Total are likely to drop slightly above 84.4 M.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	45.9M	60.8M	65.5M	68.8M
Total Assets	501.4M	647.2M	667.0M	700.4M

Short Long Term Debt Total Total Assets

Miller Industries balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Other Assets
Total Assets		0.87	0.93	0.98	0.99	0.78	0.69	0.97	0.95	0.0	0.85	0.19	0.15	0.98	0.48	0.9	0.98	-0.12	0.53	0.98	0.97	1.0	-0.53	0.58	-0.09	-0.43
Short Long Term Debt Total	0.87		0.83	0.85	0.8	0.53	0.91	0.86	0.81	-0.29	0.61	0.09	-0.14	0.9	0.2	1.0	0.93	-0.11	0.24	0.92	0.92	0.89	-0.43	0.36	0.23	-0.18
Other Current Liab	0.93	0.83		0.87	0.93	0.62	0.7	0.9	0.82	-0.08	0.69	0.19	0.02	0.95	0.5	0.84	0.89	-0.03	0.54	0.89	0.91	0.94	-0.44	0.63	-0.12	-0.45
Total Current Liabilities	0.98	0.85	0.87		0.93	0.79	0.71	0.92	0.99	-0.07	0.85	0.23	0.11	0.96	0.43	0.88	0.97	-0.16	0.48	0.99	0.94	0.97	-0.5	0.51	-0.05	-0.39
Total Stockholder Equity	0.99	0.8	0.93	0.93		0.79	0.59	0.96	0.91	0.11	0.85	0.18	0.24	0.95	0.55	0.83	0.95	-0.1	0.6	0.93	0.94	0.98	-0.52	0.64	-0.19	-0.5
Property Plant And Equipment Net	0.78	0.53	0.62	0.79	0.79		0.39	0.75	0.81	0.11	0.99	0.09	0.29	0.7	0.46	0.59	0.74	-0.21	0.5	0.75	0.69	0.74	-0.61	0.3	-0.24	-0.4
Net Debt	0.69	0.91	0.7	0.71	0.59	0.39		0.72	0.67	-0.66	0.45	0.25	-0.44	0.77	-0.11	0.9	0.76	-0.19	-0.07	0.79	0.79	0.71	-0.45	0.08	0.49	0.11
Retained Earnings	0.97	0.86	0.9	0.92	0.96	0.75	0.72		0.9	-0.08	0.81	0.26	0.1	0.95	0.29	0.89	0.96	-0.16	0.34	0.94	0.97	0.96	-0.61	0.43	0.09	-0.23
Accounts Payable	0.95	0.81	0.82	0.99	0.91	0.81	0.67	0.9		-0.05	0.86	0.23	0.15	0.93	0.42	0.85	0.95	-0.19	0.48	0.97	0.91	0.95	-0.49	0.49	-0.06	-0.38
Cash	0.0	-0.29	-0.08	-0.07	0.11	0.11	-0.66	-0.08	-0.05		0.1	-0.39	0.74	-0.14	0.62	-0.26	-0.06	0.28	0.59	-0.13	-0.15	-0.01	0.16	0.45	-0.71	-0.56
Non Current Assets Total	0.85	0.61	0.69	0.85	0.85	0.99	0.45	0.81	0.86	0.1		0.11	0.28	0.77	0.5	0.66	0.81	-0.19	0.53	0.81	0.76	0.81	-0.61	0.37	-0.23	-0.43
Non Currrent Assets Other	0.19	0.09	0.19	0.23	0.18	0.09	0.25	0.26	0.23	-0.39	0.11		0.01	0.29	-0.22	0.08	0.12	-0.51	-0.15	0.19	0.28	0.18	-0.02	-0.06	0.31	0.21
Cash And Short Term Investments	0.15	-0.14	0.02	0.11	0.24	0.29	-0.44	0.1	0.15	0.74	0.28	0.01		0.04	0.46	-0.13	0.09	-0.44	0.52	0.04	0.0	0.13	0.32	0.39	-0.58	-0.44
Net Receivables	0.98	0.9	0.95	0.96	0.95	0.7	0.77	0.95	0.93	-0.14	0.77	0.29	0.04		0.41	0.91	0.96	-0.15	0.46	0.97	0.98	0.99	-0.48	0.54	0.01	-0.37
Common Stock Shares Outstanding	0.48	0.2	0.5	0.43	0.55	0.46	-0.11	0.29	0.42	0.62	0.5	-0.22	0.46	0.41		0.22	0.38	0.23	0.99	0.38	0.33	0.47	-0.03	0.84	-0.88	-0.97
Non Current Liabilities Total	0.9	1.0	0.84	0.88	0.83	0.59	0.9	0.89	0.85	-0.26	0.66	0.08	-0.13	0.91	0.22		0.95	-0.09	0.26	0.94	0.93	0.91	-0.49	0.37	0.2	-0.2
Inventory	0.98	0.93	0.89	0.97	0.95	0.74	0.76	0.96	0.95	-0.06	0.81	0.12	0.09	0.96	0.38	0.95		-0.12	0.43	0.99	0.96	0.99	-0.53	0.49	0.02	-0.34
Other Current Assets	-0.12	-0.11	-0.03	-0.16	-0.1	-0.21	-0.19	-0.16	-0.19	0.28	-0.19	-0.51	-0.44	-0.15	0.23	-0.09	-0.12		0.1	-0.14	-0.11	-0.11	-0.27	0.13	-0.15	-0.18
Other Stockholder Equity	0.53	0.24	0.54	0.48	0.6	0.5	-0.07	0.34	0.48	0.59	0.53	-0.15	0.52	0.46	0.99	0.26	0.43	0.1		0.42	0.37	0.52	0.0	0.87	-0.87	-0.97
Total Liab	0.98	0.92	0.89	0.99	0.93	0.75	0.79	0.94	0.97	-0.13	0.81	0.19	0.04	0.97	0.38	0.94	0.99	-0.14	0.42		0.96	0.98	-0.51	0.48	0.03	-0.34
Property Plant And Equipment Gross	0.97	0.92	0.91	0.94	0.94	0.69	0.79	0.97	0.91	-0.15	0.76	0.28	0.0	0.98	0.33	0.93	0.96	-0.11	0.37	0.96		0.97	-0.56	0.47	0.11	-0.28
Total Current Assets	1.0	0.89	0.94	0.97	0.98	0.74	0.71	0.96	0.95	-0.01	0.81	0.18	0.13	0.99	0.47	0.91	0.99	-0.11	0.52	0.98	0.97		-0.48	0.58	-0.06	-0.43
Short Term Debt	-0.53	-0.43	-0.44	-0.5	-0.52	-0.61	-0.45	-0.61	-0.49	0.16	-0.61	-0.02	0.32	-0.48	-0.03	-0.49	-0.53	-0.27	0.0	-0.51	-0.56	-0.48		-0.06	-0.19	-0.04
Intangible Assets	0.58	0.36	0.63	0.51	0.64	0.3	0.08	0.43	0.49	0.45	0.37	-0.06	0.39	0.54	0.84	0.37	0.49	0.13	0.87	0.48	0.47	0.58	-0.06		-0.7	-0.83
Good Will	-0.09	0.23	-0.12	-0.05	-0.19	-0.24	0.49	0.09	-0.06	-0.71	-0.23	0.31	-0.58	0.01	-0.88	0.2	0.02	-0.15	-0.87	0.03	0.11	-0.06	-0.19	-0.7		0.87
Other Assets	-0.43	-0.18	-0.45	-0.39	-0.5	-0.4	0.11	-0.23	-0.38	-0.56	-0.43	0.21	-0.44	-0.37	-0.97	-0.2	-0.34	-0.18	-0.97	-0.34	-0.28	-0.43	-0.04	-0.83	0.87

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Miller Industries Account Relationship Matchups

Miller Industries balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	398.4M	438.8M	501.4M	647.2M	667.0M	700.4M
Short Long Term Debt Total	1.5M	1.2M	45.9M	60.8M	65.5M	68.8M
Other Current Liab	22.6M	22.4M	27.6M	29.9M	46.2M	48.5M
Total Current Liabilities	110.7M	144.3M	156.1M	234.7M	197.9M	207.8M
Total Stockholder Equity	282.5M	288.5M	293.5M	347.9M	401.0M	421.1M
Property Plant And Equipment Net	100.1M	97.7M	113.1M	115.9M	116.5M	58.9M
Net Debt	(56.0M)	(53.1M)	5.8M	30.9M	41.2M	43.3M
Retained Earnings	133.9M	141.9M	150.1M	200.2M	254.9M	267.7M
Accounts Payable	85.5M	121.7M	125.5M	191.8M	145.9M	153.1M
Cash	57.5M	54.3M	40.2M	29.9M	24.3M	27.3M
Non Current Assets Total	112.1M	109.9M	125.4M	136.7M	137.2M	84.4M
Non Currrent Assets Other	434K	533K	(5.5M)	819K	727K	1.3M
Cash And Short Term Investments	57.5M	54.3M	40.2M	29.9M	24.3M	25.8M
Net Receivables	141.6M	154.0M	177.7M	286.1M	313.4M	329.1M
Common Stock Shares Outstanding	11.4M	11.4M	11.4M	11.5M	11.6M	11.5M
Liabilities And Stockholders Equity	398.4M	438.8M	501.4M	647.2M	667.0M	700.4M
Non Current Liabilities Total	5.3M	6.0M	51.8M	64.6M	68.1M	71.5M
Inventory	83.9M	114.9M	153.7M	189.8M	186.2M	195.5M
Other Current Assets	3.2M	5.8M	4.6M	4.6M	5.8M	9.0M
Other Stockholder Equity	151.2M	151.4M	152.4M	153.6M	153.8M	157.2M
Total Liab	116.0M	150.3M	208.0M	299.3M	266.0M	279.3M
Property Plant And Equipment Gross	100.1M	97.7M	113.1M	218.4M	233.0M	244.6M
Total Current Assets	286.3M	329.0M	376.0M	510.5M	529.8M	556.3M
Accumulated Other Comprehensive Income	(2.8M)	(4.9M)	(9.2M)	(5.9M)	(7.7M)	(8.1M)
Short Term Debt	375K	752K	622K	320K	318K	302.1K
Other Assets	521K	1.9M	533K	708K	637.2K	605.3K
Property Plant Equipment	90.7M	98.6M	96.5M	112.1M	129.0M	135.4M
Other Liab	3.4M	4.1M	5.2M	6.2M	7.2M	4.0M
Current Deferred Revenue	272K	257K	242K	10.9M	4.4M	3.4M
Net Tangible Assets	246.3M	270.8M	276.9M	281.8M	324.1M	221.2M
Retained Earnings Total Equity	112.3M	133.9M	141.9M	150.1M	172.6M	181.3M
Capital Surpluse	151.1M	151.2M	151.4M	152.4M	175.3M	165.3M
Deferred Long Term Liab	3.4M	4.1M	5.2M	6.2M	7.2M	7.5M
Long Term Debt Total	5.0M	15K	0.0	45M	51.8M	54.3M

Pair Trading with Miller Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Miller Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Miller Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Miller Stock

0.82	VSTE	Vast Renewables	Pair Corr
0.76	EFSH	1847 Holdings LLC	Pair Corr
0.78	CNR	Core Natural Resources, Symbol Change	Pair Corr

Moving against Miller Stock

0.75	EFOI	Energy Focu	Pair Corr
0.56	OI	O I Glass	Pair Corr
0.5	DRVN	Driven Brands Holdings	Pair Corr
0.47	MMM	3M Company	Pair Corr

The ability to find closely correlated positions to Miller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miller Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Miller Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Miller Industries to buy it.

The correlation of Miller Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Miller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miller Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Miller Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Miller Stock Analysis

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

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Miller Historical Balance Sheet

Miller Industries Inventory

195.48 Million

About Miller Balance Sheet Analysis

Miller Industries Balance Sheet Chart

Total Assets

Total Current Liabilities

Miller Industries balance sheet Correlations

Miller Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Miller Industries balance sheet Accounts

Pair Trading with Miller Industries

Moving together with Miller Stock

Moving against Miller Stock

Additional Tools for Miller Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Other Assets	- 0.97	Other Stockholder Equity
Other Assets	- 0.97	Common Stock Shares Outstanding
Good Will	- 0.88	Common Stock Shares Outstanding
Good Will	- 0.87	Other Stockholder Equity
Other Assets	- 0.83	Intangible Assets
Good Will	- 0.71	Cash