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) - Total Assets
Latest total assets as of December 2010: $196.49 Million USD
Based on the latest financial reports, Millenium Bankshares (MBVA) holds total assets worth $196.49 Million USD as of December 2010.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Millenium Bankshares - Total Assets Trend (2000–2010)
This chart illustrates how Millenium Bankshares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Millenium Bankshares - Asset Composition Analysis
Current Asset Composition (December 2010)
Millenium Bankshares's total assets of $196.49 Million consist of 22.4% current assets and 77.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $10.01 Million | 5.1% |
| Property, Plant & Equipment | $1.41 Million | 0.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2010)
This chart illustrates how Millenium Bankshares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millenium Bankshares's current assets represent 22.4% of total assets in 2010, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 16.0% of total assets in 2010, up from 0.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 5.1% of total assets.
Millenium Bankshares Competitors by Total Assets
Key competitors of Millenium Bankshares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Millenium Bankshares - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Millenium Bankshares generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Millenium Bankshares is currently not profitable relative to its asset base.
Millenium Bankshares - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.21 | 0.03 | 0.03 |
| Quick Ratio | 0.17 | 0.02 | -0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-203.09 Million | $ -288.62 Million | $ -270.64 Million |
Millenium Bankshares - Advanced Valuation Insights
This section examines the relationship between Millenium Bankshares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -18.5% |
| Total Assets | $196.49 Million |
| Market Capitalization | $0.95 USD |
Valuation Analysis
Below Book Valuation: The market values Millenium Bankshares's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Millenium Bankshares's assets decreased by 18.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Millenium Bankshares (2000–2010)
The table below shows the annual total assets of Millenium Bankshares from 2000 to 2010.
| Year | Total Assets | Change |
|---|---|---|
| 2010-12-31 | $196.49 Million | -18.49% |
| 2009-12-31 | $241.06 Million | -23.22% |
| 2008-12-31 | $313.98 Million | -39.42% |
| 2007-12-31 | $518.31 Million | -12.38% |
| 2006-12-31 | $591.54 Million | +40.34% |
| 2005-12-31 | $421.51 Million | +13.35% |
| 2004-12-31 | $371.86 Million | +18.65% |
| 2003-12-31 | $313.40 Million | +2.30% |
| 2002-12-31 | $306.34 Million | +49.05% |
| 2001-12-31 | $205.53 Million | +129.66% |
| 2000-12-31 | $89.49 Million | -- |