MBVA (Millennium Bankshares) Scaled Net Operating Assets: 0.23 (As of Sep. 2008)


What is Millennium Bankshares Scaled Net Operating Assets?

Millennium Bankshares MBVA Scaled Net Operating Assets is 0.23 as of Sep. 2008.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Millennium Bankshares's operating assets for the quarter that ended in Sep. 2008 was $314.14 Mil. Millennium Bankshares's operating liabilities for the quarter that ended in Sep. 2008 was $232.51 Mil. Millennium Bankshares's Total Assets for the quarter that ended in Jun. 2008 was $360.14 Mil. Therefore, Millennium Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2008 was 0.23.

Millennium Bankshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Millennium Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2007 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2007 )
=(Operating Assets (A: Dec. 2007 )-Operating Liabilities (A: Dec. 2007 ))/Total Assets (A: Dec. 2006 )
=(514.42-380.344)/591.542
=0.23

where

Operating Assets(A: Dec. 2007 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=518.314 - 3.894
=514.42

Operating Liabilities(A: Dec. 2007 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=479.834 - 99.49 - 0
=380.344

Millennium Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2008 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2008 )
=(Operating Assets (Q: Sep. 2008 )-Operating Liabilities (Q: Sep. 2008 ))/Total Assets (Q: Jun. 2008 )
=(314.138-232.512)/360.14
=0.23

where

Operating Assets(Q: Sep. 2008 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=319.423 - 5.285
=314.138

Operating Liabilities(Q: Sep. 2008 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=292.912 - 60.4 - 0
=232.512

* 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.

What does a Scaled Net Operating Assets of 0.23 mean?
Millennium Bankshares (MBVA) has a Scaled Net Operating Assets of 0.23 as of Sep. 2008. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Millennium Bankshares and its competitors.
Is Millennium Bankshares' Scaled Net Operating Assets too high?
Millennium Bankshares' current Scaled Net Operating Assets is 0.23.
How does Millennium Bankshares' Scaled Net Operating Assets compare to OPHC and CCSB?
Millennium Bankshares' Scaled Net Operating Assets of 0.23 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 Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Millennium Bankshares and its competitors. Millennium Bankshares's current Scaled Net Operating Assets is 0.23. 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 Scaled Net Operating Assets of 0.23. The current Scaled Net Operating Assets is 0.23. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Millennium Bankshares (MBVA), the current Scaled Net Operating Assets is 0.23 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.