Millennium Bankshares (Millennium Bankshares) Interest Expense : $-14.62 Mil (TTM As of Sep. 2008)

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What is Millennium Bankshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Millennium Bankshares's interest expense for the three months ended in Sep. 2008 was $ -3.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2008 was $-14.62 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Millennium Bankshares's Operating Income for the three months ended in Sep. 2008 was $ Mil. Millennium Bankshares's Interest Expense for the three months ended in Sep. 2008 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Millennium Bankshares Interest Expense Historical Data

The historical data trend for Millennium Bankshares's Interest Expense 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.

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Millennium Bankshares Interest Expense Chart

Millennium Bankshares Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Interest Expense

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-7.23

-6.00

-10.98

-13.44

-18.34

Millennium Bankshares Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Interest Expense	Get a 7-Day Free Trial															-4.81	-4.40	-3.79	-3.33	-3.10

Millennium Bankshares Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.62 Mil.

Millennium Bankshares (Millennium Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Millennium Bankshares Corp (OTCPK:MBVA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Washington Plaza, Reston, VA, USA, 20190

Website

https://www.millenniumbank.com

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

Millennium Bankshares (Millennium Bankshares) Headlines

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