Third Current Ratio from 2010 to 2024

TCBX Stock  USD 36.00  0.21  0.58%   
Third Coast Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 6.36 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
6.69
Current Value
6.36
Quarterly Volatility
67.46608323
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Coast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Coast's main balance sheet or income statement drivers, such as Tax Provision of 4.3 M, Net Interest Income of 97.5 M or Interest Income of 138 M, as well as many indicators such as Price To Sales Ratio of 1.81, Dividend Yield of 0.0184 or PTB Ratio of 0.62. Third financial statements analysis is a perfect complement when working with Third Coast Valuation or Volatility modules.
  
Check out the analysis of Third Coast Correlation against competitors.

Latest Third Coast's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Third Coast Bancshares over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Third Coast's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Third Coast's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Third Current Ratio Regression Statistics

Arithmetic Mean69.37
Geometric Mean44.03
Coefficient Of Variation97.26
Mean Deviation41.64
Median57.06
Standard Deviation67.47
Sample Variance4,552
Range247
R-Value0.07
Mean Square Error4,878
R-Squared0
Significance0.81
Slope1.05
Total Sum of Squares63,723

Third Current Ratio History

2024 6.36
2023 6.69
2022 5.82
2021 252.97
2020 198.05

About Third Coast Financial Statements

Third Coast investors use historical fundamental indicators, such as Third Coast's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Third Coast. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 6.69  6.36 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Third Stock Analysis

When running Third Coast's price analysis, check to measure Third Coast's 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 Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.