MetroCity Net Debt from 2010 to 2024

MCBS Stock  USD 34.34  0.07  0.20%   
MetroCity Bankshares Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt is likely to outpace its year average in 2024. Net Debt is the total debt of MetroCity Bankshares minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2015-12-31
Previous Quarter
57.7 M
Current Value
103.5 M
Quarterly Volatility
114.4 M
 
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 Debt Growth Pattern

Below is the plot of the Net Debt of MetroCity Bankshares over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. MetroCity Bankshares' Net Debt 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 Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

MetroCity Net Debt Regression Statistics

Arithmetic Mean21,053,845
Coefficient Of Variation555.64
Mean Deviation87,769,486
Median(17,714,347)
Standard Deviation116,983,104
Sample Variance13685T
Range428.2M
R-Value0.54
Mean Square Error10455.5T
R-Squared0.29
Significance0.04
Slope14,100,261
Total Sum of Squares191590.7T

MetroCity Net Debt History

2024201.1 M
2023191.5 M
2022233.3 M
202177.8 M
2020-19.4 M
2019-194.9 M
2018-126 M

Other Fundumenentals of MetroCity Bankshares

MetroCity Bankshares Net Debt component correlations

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0.980.551.00.98-0.010.10.941.0-0.690.830.98-0.45-0.19-0.490.78-0.75-0.920.81-0.690.850.9-0.26
0.630.550.560.63-0.19-0.690.360.55-0.260.70.660.10.19-0.090.06-0.18-0.590.23-0.270.770.46-0.35
0.991.00.560.980.00.10.931.0-0.690.840.98-0.44-0.19-0.490.77-0.75-0.910.8-0.690.850.9-0.25
1.00.980.630.980.020.00.890.98-0.660.920.98-0.33-0.13-0.440.71-0.66-0.890.73-0.650.910.85-0.22
0.02-0.01-0.190.00.020.140.09-0.03-0.57-0.03-0.03-0.520.480.390.19-0.220.19-0.19-0.41-0.24-0.280.13
0.010.1-0.690.10.00.140.220.09-0.12-0.17-0.02-0.47-0.25-0.210.54-0.45-0.080.37-0.35-0.250.160.29
0.890.940.360.930.890.090.220.92-0.820.740.89-0.62-0.16-0.430.91-0.8-0.880.9-0.690.710.91-0.23
0.981.00.551.00.98-0.030.090.92-0.660.830.99-0.41-0.21-0.490.76-0.73-0.910.8-0.670.850.9-0.28
-0.66-0.69-0.26-0.69-0.66-0.57-0.12-0.82-0.66-0.51-0.640.8-0.140.16-0.770.740.59-0.590.72-0.41-0.570.17
0.910.830.70.840.92-0.03-0.170.740.83-0.510.87-0.07-0.02-0.290.56-0.38-0.790.59-0.490.960.73-0.13
0.980.980.660.980.98-0.03-0.020.890.99-0.640.87-0.36-0.13-0.420.7-0.68-0.920.76-0.650.880.88-0.3
-0.35-0.450.1-0.44-0.33-0.52-0.47-0.62-0.410.8-0.07-0.36-0.20.06-0.750.870.4-0.560.750.02-0.430.18
-0.14-0.190.19-0.19-0.130.48-0.25-0.16-0.21-0.14-0.02-0.13-0.20.85-0.09-0.040.22-0.25-0.22-0.19-0.26-0.11
-0.44-0.49-0.09-0.49-0.440.39-0.21-0.43-0.490.16-0.29-0.420.060.85-0.360.330.56-0.520.16-0.46-0.570.2
0.720.780.060.770.710.190.540.910.76-0.770.560.7-0.75-0.09-0.36-0.86-0.770.91-0.760.480.82-0.17
-0.67-0.75-0.18-0.75-0.66-0.22-0.45-0.8-0.730.74-0.38-0.680.87-0.040.33-0.860.72-0.780.88-0.37-0.740.3
-0.9-0.92-0.59-0.91-0.890.19-0.08-0.88-0.910.59-0.79-0.920.40.220.56-0.770.72-0.890.64-0.84-0.950.35
0.740.810.230.80.73-0.190.370.90.8-0.590.590.76-0.56-0.25-0.520.91-0.78-0.89-0.620.620.95-0.37
-0.66-0.69-0.27-0.69-0.65-0.41-0.35-0.69-0.670.72-0.49-0.650.75-0.220.16-0.760.880.64-0.62-0.41-0.590.31
0.90.850.770.850.91-0.24-0.250.710.85-0.410.960.880.02-0.19-0.460.48-0.37-0.840.62-0.410.79-0.24
0.860.90.460.90.85-0.280.160.910.9-0.570.730.88-0.43-0.26-0.570.82-0.74-0.950.95-0.590.79-0.38
-0.23-0.26-0.35-0.25-0.220.130.29-0.23-0.280.17-0.13-0.30.18-0.110.2-0.170.30.35-0.370.31-0.24-0.38
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About MetroCity Bankshares Financial Statements

MetroCity Bankshares shareholders use historical fundamental indicators, such as Net Debt, 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 Debt191.5 M201.1 M
Net Debt To EBITDA1.3 K1.4 K

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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.