Millennium Group International Holdings Ltd key statistics and ratios

In fiscal 2026, Millennium Group International Holdings Ltd had return on equity of -32.4%, an operating margin of -36.3%, debt equal to 42.5% of equity and a current ratio of 1.46. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Millennium Group International Holdings Ltd: financial ratios, annual
Fiscal year	2021Jun 2021	2022Jun 2022	2023Jun 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Gross margin	26.9%	24.6%	19.9%	21.6%	18.5%	8.1%
Operating margin	7.9%	8.4%	−2.4%	−18.0%	−23.7%	−36.3%
Net margin	5.7%	6.2%	−0.8%	−22.8%	−24.9%	−34.9%
Free-cash-flow margin	7.0%	2.3%	17.4%	−16.8%	−14.8%	−29.4%
Return on equity	12.0%	11.6%	−0.9%	−24.7%	−22.6%	−32.4%
Return on assets	—	6.2%	−0.6%	−17.1%	−15.8%	−21.3%
Asset turnover	—	1.00	0.73	0.75	0.63	0.61
Current ratio	—	1.87	2.33	2.29	1.87	1.46
Debt to equity	0.0%	39.4%	33.6%	36.0%	24.5%	42.5%
Interest cover (operating income ÷ interest)	11.5x	13.0x	n/m	n/m	n/m	n/m
Effective tax rate	17.9%	18.0%	—	—	—	—
Capital spending as % of revenue	1.3%	0.8%	0.4%	6.2%	8.0%	7.3%
Free cash flow ÷ net income	123.6%	37.5%	—	—	—	—
Dividends ÷ net income	—	217.4%	—	—	—	—
Dividends and buybacks ÷ free cash flow	—	579.7%	—	—	—	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 6 checks passed · June 30, 2026

What it owns · $30m

Short-term assets $15mLonger-term assets $16m

What it owes, and who funded it · $30m

Short-term liabilities $10mLonger-term liabilities $1mShareholders' equity $19m

Short-term assets cover short-term liabilities $15m of assets due within a year against $10m of liabilities due within a year.
Short-term assets cover long-term liabilities $15m short-term assets against $1m of longer-dated liabilities.
More cash than debt $6m of cash against $8m of debt.
Debt below 40% of shareholders' equity Debt is 42% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$4m of operating cash flow against $8m of debt.
Operating profit covers interest at least five times over Operating income of −$7m against $241,545 of interest.

From Millennium Group International Holdings Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Millennium Group International Holdings Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Millennium Group International Holdings Ltd.