Miller Industries Liabilities 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.

Liabilities Details

Assessing Miller Industries's Liabilities

Miller Industries's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Miller Industries's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Miller Industries's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Miller Industries's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Miller Industries’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Miller Industries stock

What is the level of liabilities of Miller Industries this year?

Miller Industries has a debt balance of 299.29 M USD this year.

What were the liabilities of Miller Industries compared to the previous year?

The liabilities of Miller Industries have increased by 43.89% increased compared to the previous year.

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

High liabilities can pose a risk for investors of Miller Industries, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Miller Industries?

Low liabilities mean that Miller Industries has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Miller Industries affect the company?

An increase in liabilities of Miller Industries can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Miller Industries affect the company?

A decrease in the liabilities of Miller Industries can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

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

Why is the level of liabilities of Miller Industries so important for investors?

The liabilities of Miller Industries are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Miller Industries take to modify the liabilities?

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

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.