Miller Industries Debt 2024

Miller Industries Aktienanalyse

What does Miller Industries do?

Miller Industries Inc is a US company specializing in the manufacturing of tow trucks and other specialized vehicles. The company is headquartered in Ooltewah, Tennessee and was initially known as Miller Industries Towing Equipment Inc. The company was founded in 1990 by Bill and Carol Miller. Founder Bill Miller had previously worked in the towing industry and recognized the need to produce vehicles specifically tailored to the needs of this industry. Miller Industries' first product was the "Century 10 Series" tow truck. Since its founding, the company has continuously evolved and is now one of the world's leading manufacturers of tow trucks and specialized vehicles. The company employs over 1000 employees and operates manufacturing facilities in the USA and Europe. Miller Industries' business model is based on the development and production of high-quality and reliable tow trucks and other specialized vehicles. The company specializes in the production of rollbacks, heavy-duty trucks, and heavy-duty tow trucks. Miller Industries works closely with its customers to develop customized solutions for their needs. The company also offers repair and maintenance services. Miller Industries' product range includes various models of tow trucks and specialized vehicles. These include platform tow trucks, carrier vehicles, and rollbacks. In addition, the company also produces specialized vehicles for the transportation of airplanes and boats, as well as truck bodies. Each vehicle is individually configured according to the customer's requirements and can be equipped with a variety of special features. A significant sector of Miller Industries is the sale of its products to government agencies and military organizations worldwide. The company has a long tradition of working with law enforcement and rescue services. Sales to these organizations account for a significant portion of Miller Industries' revenue. Miller Industries is also a major player in the field of environmental technology. The company produces tow trucks with hybrid and electric drives and has taken a pioneering role in this area. The company has also developed a range of products specifically tailored to the needs of environmental and waste management companies. In recent times, Miller Industries has also announced a series of acquisitions and partnerships aimed at further strengthening and expanding the company. This includes the acquisition of TruBilt, a manufacturer of heavy-duty trucks and rollbacks. The company has also announced a partnership with BAE Systems to develop and produce hybrid drives for tow trucks. In summary, Miller Industries is a leading manufacturer of tow trucks and specialized vehicles that focuses on the needs of its customers. The company has a long tradition of working with government and military organizations and is also a leader in areas such as environmental technology and hybrid-electric drives. Miller Industries is committed to developing innovative solutions that meet the needs of its customers and strives to maintain and expand its position as a market leader. Miller Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Miller Industries's Debt Structure

Miller Industries's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Miller Industries's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Miller Industries’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Miller Industries’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Miller Industries stock

What is the debt of Miller Industries this year?

Miller Industries has a debt level of 30.09 USD this year.

What was the debt of Miller Industries compared to the previous year?

The debt of Miller Industries has increased by 526.9% compared to the previous year increased.

What are the consequences of high debt for investors in Miller Industries?

High debt can pose a risk for investors of Miller Industries, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Miller Industries?

Low debt means that Miller Industries has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Miller Industries affect the company?

An increase in debt of Miller Industries can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Miller Industries affect the company?

A reduction in debt of Miller Industries can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Miller Industries?

Some factors that can influence the debt of Miller Industries include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Miller Industries so important for investors?

The debts of Miller Industries are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Miller Industries take to change the debt?

To change the debt, Miller Industries can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Miller Industries pay?

Over the past 12 months, Miller Industries paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 1.26 %. For the coming 12 months, Miller Industries is expected to pay a dividend of 0.75 USD.

What is the dividend yield of Miller Industries?

The current dividend yield of Miller Industries is 1.26 %.

When does Miller Industries pay dividends?

Miller Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Miller Industries?

Miller Industries paid dividends every year for the past 17 years.

What is the dividend of Miller Industries?

For the upcoming 12 months, dividends amounting to 0.75 USD are expected. This corresponds to a dividend yield of 1.31 %.

In which sector is Miller Industries located?

Miller Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Miller Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Miller Industries from 9/16/2024 amounting to 0.19 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Miller Industries pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Miller Industries in the year 2023?

In the year 2023, Miller Industries distributed 0.72 USD as dividends.

In which currency does Miller Industries pay out the dividend?

The dividends of Miller Industries are distributed in USD.