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Millennium Bankshares (Millennium Bankshares) Equity-to-Asset : 0.08 (As of Sep. 2008)


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What is Millennium Bankshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Millennium Bankshares's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $26.51 Mil. Millennium Bankshares's Total Assets for the quarter that ended in Sep. 2008 was $319.42 Mil. Therefore, Millennium Bankshares's Equity to Asset Ratio for the quarter that ended in Sep. 2008 was 0.08.

The historical rank and industry rank for Millennium Bankshares's Equity-to-Asset or its related term are showing as below:

MBVA's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.095
* Ranked among companies with meaningful Equity-to-Asset only.

Millennium Bankshares Equity-to-Asset Historical Data

The historical data trend for Millennium Bankshares's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Millennium Bankshares Equity-to-Asset Chart

Millennium Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Equity-to-Asset
Get a 7-Day Free Trial 0.05 0.13 0.11 0.08 0.07

Millennium Bankshares Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.07 0.12 0.11 0.08

Competitive Comparison of Millennium Bankshares's Equity-to-Asset

For the Banks - Regional subindustry, Millennium Bankshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Millennium Bankshares's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Millennium Bankshares's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Millennium Bankshares's Equity-to-Asset falls into.



Millennium Bankshares Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Millennium Bankshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Equity to Asset (A: Dec. 2007 )=Total Stockholders Equity/Total Assets
=38.48/518.314
=0.07

Millennium Bankshares's Equity to Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

Equity to Asset (Q: Sep. 2008 )=Total Stockholders Equity/Total Assets
=26.511/319.423
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Millennium Bankshares  (OTCPK:MBVA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Millennium Bankshares Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Millennium Bankshares's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Millennium Bankshares (Millennium Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
1601 Washington Plaza, Reston, VA, USA, 20190
Millennium Bankshares Corp is a bank holding company. The Company through its bank holding provides commercial, retail and consumer banking services to meet the needs of businesses and consumers in the communities it serves.
Executives
Williams Frank E Jr other: 9% Ownership 2789-B HARTLAND ROAD, FALLS CHURCH VA 22043

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