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National Bankshares Financial Strength

: 6 (As of Mar. 2022)
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National Bankshares has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate National Bankshares's interest coverage with the available data. National Bankshares's debt to revenue ratio for the quarter that ended in Mar. 2022 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


National Bankshares Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

National Bankshares's Interest Expense for the months ended in Mar. 2022 was $-0.66 Mil. Its Operating Income for the months ended in Mar. 2022 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil.

National Bankshares's Interest Coverage for the quarter that ended in Mar. 2022 is

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

National Bankshares Inc has no debt.

2. Debt to revenue ratio. The lower, the better.

National Bankshares's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 50.744
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


National Bankshares  (NAS:NKSH) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

National Bankshares has the Financial Strength Rank of 6.


National Bankshares Financial Strength Related Terms

Thank you for viewing the detailed overview of National Bankshares's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


National Bankshares Business Description

National Bankshares logo
Traded in Other Exchanges
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.
Executives
Sanders Bobby D. Ii officer: SVP/Chief Credit Officer 1735 TURNBERRY LANE RINER VA 24149
Jones Lora M. officer: SVP/Chief Financial Officer 301 NEIL STREET BLACKSBURG VA 24060
Melton Rebecca M officer: SVP/Chief Credit Officer 260 REVOLUTION CIRCLE CHRISTIANSBURG VA 24073
Smith Mark Atom officer: SVP/Chief Credit Officer 5426 DOE RUN ROAD ROANOKE VA 24018
Mylum Paul M. officer: SVP/Chief Lending Officer 8537 WHISTLING STRAIGHTS DRIVE RADFORD VA 24141
Webb Julian Lewis Jr director 700 CAVE STREET NARROWS VA 24124
Ramsey Lara E other: Corporate Secretary 7479 BLUFF VIEW DRIVE RADFORD VA 24141
Thompson James Carroll director PO BOX 298 TAZEWLL VA 24651
Dye Michael E director PO BOX 346 BLUEFIELD VA 24605
Fitzwater Norman V Iii director 113 MATEER CIRCLE BLACKSBURG VA 24060
Johnson Mildred R director 914 WILLARD DRIVE BLACKSBURG VA 24060
Dooley John Elliott director 2131 PLANK DRIVE BLACKSBURG VA 24060
Green Charles E Iii director 15519 LOOKOUT RIDGE BRISTOL VA 24202
Skeens David K. officer: Treasurer 2130 CHILDRESS ROAD CHRISTIANSBURG VA 24073
Buchanan J. Robert officer: Treasurer 2248 UPPER VALLEY ROAD TAZEWELL VA 24651
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