MBVA (Millennium Bankshares) LT-Debt-to-Total-Asset: 0.19 (As of Sep. 2008)


What is Millennium Bankshares LT-Debt-to-Total-Asset?

Millennium Bankshares MBVA LT-Debt-to-Total-Asset is 0.19 as of Sep. 2008.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Millennium Bankshares's long-term debt to total assests ratio for the quarter that ended in Sep. 2008 was 0.19.

Millennium Bankshares's long-term debt to total assets ratio increased from Sep. 2007 (0.18) to Sep. 2008 (0.19). It may suggest that Millennium Bankshares is progressively becoming more dependent on debt to grow their business.

Millennium Bankshares  (OTCPK:MBVA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Millennium Bankshares LT-Debt-to-Total-Asset Related Terms

Millennium Bankshares LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Millennium Bankshares's LT-Debt-to-Total-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.

Millennium Bankshares LT-Debt-to-Total-Asset Chart

Millennium Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.06 0.08 0.17 0.09 0.19

Millennium Bankshares Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
LT-Debt-to-Total-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 0.18 0.19 0.20 0.20 0.19

Millennium Bankshares LT-Debt-to-Total-Asset Calculation

Millennium Bankshares's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )/Total Assets (A: Dec. 2007 )
=99.49/518.314
=0.19

Millennium Bankshares's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

LT Debt to Total Assets (Q: Sep. 2008 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2008 )/Total Assets (Q: Sep. 2008 )
=60.4/319.423
=0.19

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.19 mean?
Millennium Bankshares (MBVA) has a LT-Debt-to-Total-Asset of 0.19 as of Sep. 2008. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Millennium Bankshares and its competitors.
Is Millennium Bankshares' LT-Debt-to-Total-Asset too high?
Millennium Bankshares' current LT-Debt-to-Total-Asset is 0.19.
How does Millennium Bankshares' LT-Debt-to-Total-Asset compare to OPHC and CCSB?
Millennium Bankshares' LT-Debt-to-Total-Asset of 0.19 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 LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Millennium Bankshares and its competitors. Millennium Bankshares's current LT-Debt-to-Total-Asset is 0.19. 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 LT-Debt-to-Total-Asset of 0.19. The current LT-Debt-to-Total-Asset is 0.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Millennium Bankshares (MBVA), the current LT-Debt-to-Total-Asset is 0.19 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.