MBVA (Millennium Bankshares) Ending Cash Position: $5.29 Mil (As of Sep. 2008)

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What is Millennium Bankshares Ending Cash Position?

Millennium Bankshares MBVA Ending Cash Position is $5.29 Mil as of Sep. 2008.

Millennium Bankshares's Ending Cash Position for the quarter that ended in Sep. 2008 was $5.29 Mil.

Millennium Bankshares's quarterly Ending Cash Position declined from Mar. 2008 ($6.04 Mil) to Jun. 2008 ($6.02 Mil) and declined from Jun. 2008 ($6.02 Mil) to Sep. 2008 ($5.29 Mil).

Millennium Bankshares's annual Ending Cash Position increased from Dec. 2005 ($5.51 Mil) to Dec. 2006 ($7.98 Mil) but then declined from Dec. 2006 ($7.98 Mil) to Dec. 2007 ($3.89 Mil).

Millennium Bankshares Ending Cash Position Related Terms

Millennium Bankshares Ending Cash Position Historical Data

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The historical data trend for Millennium Bankshares's Ending 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 Ending Cash Position Chart

Millennium Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Ending Cash Position
Get a 7-Day Free Trial 2.31 2.97 5.51 7.98 3.89

Millennium Bankshares Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Ending 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 4.75 3.89 6.04 6.02 5.29

Millennium Bankshares Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Millennium Bankshares's Ending Cash Position for the fiscal year that ended in Dec. 2007 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=7.981+-4.087
=3.89

Millennium Bankshares's Ending Cash Position for the quarter that ended in Sep. 2008 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=6.02+-0.735
=5.29

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $5.29 Mil mean?
Millennium Bankshares (MBVA) has a Ending Cash Position of $5.29 Mil as of Sep. 2008. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Millennium Bankshares and its competitors.
Is Millennium Bankshares' Ending Cash Position too high?
Millennium Bankshares' current Ending Cash Position is $5.29 Mil.
How does Millennium Bankshares' Ending Cash Position compare to OPHC and CCSB?
Millennium Bankshares' Ending Cash Position of $5.29 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 Ending Cash Position for a Banks company?
A good Ending Cash Position depends on the Banks industry context. However, Ending 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Millennium Bankshares and its competitors. Millennium Bankshares's current Ending Cash Position is $5.29 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 Ending Cash Position of $5.29 Mil. The current Ending Cash Position is $5.29 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Millennium Bankshares (MBVA), the current Ending Cash Position is $5.29 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.