Millenium Bankshares
Millennium Bankshares Corporation operates a bank holding company for Millennium Bank, National Association that provides commercial and consumer banking services to individuals, small and medium sized businesses, and professional communities. It accepts short-term and long-term deposits, including statement savings accounts, NOW accounts, money market deposit accounts, checking accounts, fixed-r… Read more
Millenium Bankshares (MBVA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2008: 0.436x
Based on the latest financial reports, Millenium Bankshares (MBVA) has a cash flow conversion efficiency ratio of 0.436x as of December 2008.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($6.31 Million) by net assets ($14.46 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Millenium Bankshares - Cash Flow Conversion Efficiency Trend (2001–2010)
This chart illustrates how Millenium Bankshares's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Millenium Bankshares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Millenium Bankshares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GBX International Group Inc
PINK:GBXI
|
0.000x |
|
PSH Group Holding Inc
PINK:GLHD
|
0.000x |
|
Haber Inc
PINK:ASPT
|
0.278x |
|
Apparel Manufacturing Associates Inc
PINK:APPM
|
-76.180x |
|
Premium Exploration Inc
PINK:PMMEF
|
-0.231x |
|
Nilam Resources Inc
PINK:NILA
|
-0.016x |
|
Firemans Contractors
PINK:FRCN
|
0.028x |
|
Heartsoft Inc
PINK:HTSF
|
N/A |
Annual Cash Flow Conversion Efficiency for Millenium Bankshares (2001–2010)
The table below shows the annual cash flow conversion efficiency of Millenium Bankshares from 2001 to 2010.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2010-12-31 | $-4.36 Million | $-3.80 Million | 0.870x | +148.25% |
| 2009-12-31 | $3.44 Million | $-6.21 Million | -1.803x | -654.69% |
| 2008-12-31 | $14.46 Million | $-3.46 Million | -0.239x | -267.79% |
| 2007-12-31 | $38.48 Million | $5.48 Million | 0.142x | +146.59% |
| 2006-12-31 | $47.55 Million | $-14.53 Million | -0.306x | -269.80% |
| 2005-12-31 | $47.69 Million | $8.59 Million | 0.180x | +157.93% |
| 2004-12-31 | $47.11 Million | $-14.64 Million | -0.311x | -112.43% |
| 2003-12-31 | $15.92 Million | $39.78 Million | 2.499x | +195.84% |
| 2002-12-31 | $15.50 Million | $13.10 Million | 0.845x | +123.93% |
| 2001-12-31 | $11.53 Million | $-40.69 Million | -3.530x | -- |