MBVA (Millennium Bankshares) Beginning Cash Position: $6.02 Mil (As of Sep. 2008)

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What is Millennium Bankshares Beginning Cash Position?

Millennium Bankshares MBVA Beginning Cash Position is $6.02 Mil as of Sep. 2008.

Millennium Bankshares's Beginning Cash Position for the quarter that ended in Sep. 2008 was $6.02 Mil.

Millennium Bankshares's quarterly Beginning Cash Position increased from Mar. 2008 ($3.89 Mil) to Jun. 2008 ($6.04 Mil) but then declined from Jun. 2008 ($6.04 Mil) to Sep. 2008 ($6.02 Mil).

Millennium Bankshares's annual Beginning Cash Position increased from Dec. 2005 ($2.97 Mil) to Dec. 2006 ($5.31 Mil) and increased from Dec. 2006 ($5.31 Mil) to Dec. 2007 ($7.98 Mil).

Millennium Bankshares Beginning Cash Position Related Terms

Millennium Bankshares Beginning Cash Position Historical Data

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The historical data trend for Millennium Bankshares's Beginning Cash Position 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.

Millennium Bankshares Beginning Cash Position Chart

Millennium Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Beginning Cash Position
Get a 7-Day Free Trial 4.96 2.31 2.97 5.31 7.98

Millennium Bankshares Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Beginning Cash Position 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 5.49 4.45 3.89 6.04 6.02

Millennium Bankshares Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $6.02 Mil mean?
Millennium Bankshares (MBVA) has a Beginning Cash Position of $6.02 Mil as of Sep. 2008. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Millennium Bankshares and its competitors.
Is Millennium Bankshares' Beginning Cash Position too high?
Millennium Bankshares' current Beginning Cash Position is $6.02 Mil.
How does Millennium Bankshares' Beginning Cash Position compare to OPHC and CCSB?
Millennium Bankshares' Beginning Cash Position of $6.02 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Millennium Bankshares and its competitors. Millennium Bankshares's current Beginning Cash Position is $6.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Bankshares stock overvalued right now?
Millennium Bankshares (MBVA) has a current Beginning Cash Position of $6.02 Mil. The current Beginning Cash Position is $6.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Millennium Bankshares (MBVA), the current Beginning Cash Position is $6.02 Mil as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millennium Bankshares Business Description

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.