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


What is Millennium Bankshares Interest Expense?

Millennium Bankshares MBVA Interest Expense is $-14.62 Mil as of Sep. 2008.

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

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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.

Millennium Bankshares Interest Expense Chart

Millennium Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Interest Expense
Get a 7-Day Free Trial -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 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 -4.81 -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.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-14.62 Mil mean?
Millennium Bankshares (MBVA) has a Interest Expense of $-14.62 Mil as of Sep. 2008. Interest Expense is the amount a company pays on its long-term debt. View historical data on Millennium Bankshares and its competitors.
Is Millennium Bankshares' Interest Expense too high?
Millennium Bankshares' current Interest Expense is $-14.62 Mil.
How does Millennium Bankshares' Interest Expense compare to OPHC and CCSB?
Millennium Bankshares' Interest Expense of $-14.62 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 Interest Expense for a Banks company?
A good Interest Expense depends on the Banks industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Millennium Bankshares and its competitors. Millennium Bankshares's current Interest Expense is $-14.62 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 Interest Expense of $-14.62 Mil. The current Interest Expense is $-14.62 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Millennium Bankshares (MBVA), the current Interest Expense is $-14.62 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.