MetroCity Net Borrowings from 2010 to 2024

MCBS Stock  USD 34.34  0.07  0.20%   
MetroCity Bankshares Net Borrowings yearly trend continues to be comparatively stable with very little volatility. Net Borrowings is likely to outpace its year average in 2024. Net Borrowings is the difference between the amount of new debt MetroCity Bankshares has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-12-31
Previous Quarter
-143.8 M
Current Value
-136.6 M
Quarterly Volatility
130.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MetroCity Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MetroCity Bankshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Total Revenue of 79.7 M or Gross Profit of 221.6 M, as well as many indicators such as Price To Sales Ratio of 4.81, Dividend Yield of 0.0158 or PTB Ratio of 2.29. MetroCity financial statements analysis is a perfect complement when working with MetroCity Bankshares Valuation or Volatility modules.
  
Check out the analysis of MetroCity Bankshares Correlation against competitors.
For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.

Latest MetroCity Bankshares' Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of MetroCity Bankshares over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. MetroCity Bankshares' Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MetroCity Bankshares' overall financial position and show how it may be relating to other accounts over time.
Net Borrowings10 Years Trend
Very volatile
   Net Borrowings   
       Timeline  

MetroCity Net Borrowings Regression Statistics

Arithmetic Mean4,487,700
Coefficient Of Variation2,903
Mean Deviation77,780,253
Median2,539,175
Standard Deviation130,264,652
Sample Variance16968.9T
Range533.8M
R-Value(0.11)
Mean Square Error18071.9T
R-Squared0.01
Significance0.71
Slope(3,064,896)
Total Sum of Squares237564.3T

MetroCity Net Borrowings History

2024-136.6 M
2023-143.8 M
2022-125.1 M
2021390 M
202047.4 M
201958.9 M
2018-120.8 M

About MetroCity Bankshares Financial Statements

MetroCity Bankshares shareholders use historical fundamental indicators, such as Net Borrowings, to determine how well the company is positioned to perform in the future. Although MetroCity Bankshares investors may analyze each financial statement separately, they are all interrelated. The changes in MetroCity Bankshares' assets and liabilities, for example, are also reflected in the revenues and expenses on on MetroCity Bankshares' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Borrowings-143.8 M-136.6 M

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Additional Tools for MetroCity Stock Analysis

When running MetroCity Bankshares' price analysis, check to measure MetroCity Bankshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MetroCity Bankshares is operating at the current time. Most of MetroCity Bankshares' value examination focuses on studying past and present price action to predict the probability of MetroCity Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetroCity Bankshares' price. Additionally, you may evaluate how the addition of MetroCity Bankshares to your portfolios can decrease your overall portfolio volatility.