Texas Cash And Short Term Investments vs Long Term Debt Analysis

TCBS Stock

USD 15.00 0.13 0.87%

Texas Community financial indicator trend analysis is much more than just breaking down Texas Community Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Community Banc is a good investment. Please check the relationship between Texas Community Cash And Short Term Investments and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Community Banc Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Texas Community's Cash And Short Term Investments and Long Term Debt is -0.11. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Texas Community Bancshares, assuming nothing else is changed. The correlation between historical values of Texas Community's Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Texas Community Bancshares are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Texas Community's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Texas Community Banc balance sheet. This account contains Texas Community investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Texas Community Bancshares fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Debt

Long-term debt is a debt that Texas Community Banc has held for over one year. Long-term debt appears on Texas Community Bancshares balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Texas Community Bancshares balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Texas Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texas Community Banc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Tax Provision is likely to gain to about (40.9 K) in 2024. Selling General Administrative is likely to drop to about 1.7 M in 2024

	2021	2022	2023	2024 (projected)
Interest Income	10.5M	12.5M	17.2M	13.4M
Net Interest Income	8.4M	10.2M	10.7M	9.9M

Interest Income Net Interest Income

Texas Community fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.88	0.99	1.0	0.93	0.82	0.95	0.75	0.9	0.76	0.98	-0.84	0.69	0.58	-0.86	0.88	0.04	0.96	-0.95	0.97	0.88	0.59	-0.25	0.95	0.95	0.98
Short Long Term Debt Total	0.88		0.87	0.89	0.67	0.79	0.79	0.84	0.99	0.57	0.82	-0.76	0.67	0.59	-0.93	1.0	-0.11	0.97	-0.73	0.88	1.0	0.63	-0.5	0.73	0.75	0.93
Other Current Liab	0.99	0.87		1.0	0.94	0.81	0.97	0.76	0.88	0.71	0.99	-0.79	0.68	0.57	-0.83	0.87	0.04	0.95	-0.95	0.96	0.87	0.54	-0.17	0.96	0.94	0.98
Total Current Liabilities	1.0	0.89	1.0		0.92	0.81	0.97	0.77	0.9	0.71	0.98	-0.8	0.68	0.57	-0.85	0.89	0.04	0.96	-0.94	0.97	0.89	0.57	-0.21	0.95	0.94	0.99
Total Stockholder Equity	0.93	0.67	0.94	0.92		0.62	0.95	0.53	0.71	0.75	0.92	-0.76	0.54	0.41	-0.7	0.67	0.25	0.78	-0.99	0.92	0.67	0.53	-0.02	0.99	0.9	0.89
Other Liab	0.82	0.79	0.81	0.81	0.62		0.68	0.92	0.74	0.59	0.82	-0.54	0.92	0.89	-0.74	0.79	-0.51	0.89	-0.7	0.67	0.79	0.16	-0.16	0.63	0.8	0.79
Net Tangible Assets	0.95	0.79	0.97	0.97	0.95	0.68		0.68	0.81	0.59	0.97	-0.71	0.54	0.42	-0.72	0.79	0.19	0.88	-0.93	0.95	0.79	0.53	-0.03	0.98	0.9	0.94
Property Plant And Equipment Net	0.75	0.84	0.76	0.77	0.53	0.92	0.68		0.76	0.34	0.77	-0.38	0.86	0.84	-0.7	0.84	-0.54	0.88	-0.59	0.63	0.84	0.11	-0.07	0.57	0.65	0.77
Net Debt	0.9	0.99	0.88	0.9	0.71	0.74	0.81	0.76		0.62	0.83	-0.83	0.59	0.49	-0.92	0.99	0.02	0.96	-0.76	0.92	0.99	0.73	-0.54	0.77	0.78	0.95
Retained Earnings	0.76	0.57	0.71	0.71	0.75	0.59	0.59	0.34	0.62		0.65	-0.88	0.58	0.48	-0.78	0.57	0.08	0.64	-0.81	0.74	0.57	0.59	-0.47	0.71	0.74	0.71
Accounts Payable	0.98	0.82	0.99	0.98	0.92	0.82	0.97	0.77	0.83	0.65		-0.74	0.66	0.56	-0.75	0.82	0.03	0.93	-0.93	0.93	0.82	0.47	-0.09	0.94	0.97	0.95
Cash	-0.84	-0.76	-0.79	-0.8	-0.76	-0.54	-0.71	-0.38	-0.83	-0.88	-0.74		-0.39	-0.26	0.84	-0.76	-0.33	-0.76	0.8	-0.89	-0.76	-0.88	0.65	-0.78	-0.8	-0.83
Non Current Assets Total	0.69	0.67	0.68	0.68	0.54	0.92	0.54	0.86	0.59	0.58	0.66	-0.39		0.99	-0.72	0.67	-0.67	0.76	-0.64	0.53	0.67	-0.01	-0.06	0.53	0.59	0.67
Non Currrent Assets Other	0.58	0.59	0.57	0.57	0.41	0.89	0.42	0.84	0.49	0.48	0.56	-0.26	0.99		-0.63	0.59	-0.77	0.67	-0.51	0.4	0.59	-0.14	-0.01	0.4	0.49	0.56
Other Assets	-0.86	-0.93	-0.83	-0.85	-0.7	-0.74	-0.72	-0.7	-0.92	-0.78	-0.75	0.84	-0.72	-0.63		-0.93	0.1	-0.9	0.79	-0.87	-0.93	-0.67	0.57	-0.74	-0.7	-0.91
Long Term Debt	0.88	1.0	0.87	0.89	0.67	0.79	0.79	0.84	0.99	0.57	0.82	-0.76	0.67	0.59	-0.93		-0.11	0.97	-0.73	0.88	1.0	0.63	-0.5	0.73	0.75	0.93
Cash And Short Term Investments	0.04	-0.11	0.04	0.04	0.25	-0.51	0.19	-0.54	0.02	0.08	0.03	-0.33	-0.67	-0.77	0.1	-0.11		-0.15	-0.14	0.24	-0.11	0.61	-0.14	0.26	0.1	0.05
Net Receivables	0.96	0.97	0.95	0.96	0.78	0.89	0.88	0.88	0.96	0.64	0.93	-0.76	0.76	0.67	-0.9	0.97	-0.15		-0.84	0.91	0.97	0.53	-0.33	0.83	0.87	0.97
Common Stock Shares Outstanding	-0.95	-0.73	-0.95	-0.94	-0.99	-0.7	-0.93	-0.59	-0.76	-0.81	-0.93	0.8	-0.64	-0.51	0.79	-0.73	-0.14	-0.84		-0.94	-0.73	-0.54	0.11	-0.98	-0.9	-0.92
Short Term Investments	0.97	0.88	0.96	0.97	0.92	0.67	0.95	0.63	0.92	0.74	0.93	-0.89	0.53	0.4	-0.87	0.88	0.24	0.91	-0.94		0.88	0.74	-0.34	0.95	0.89	0.98
Non Current Liabilities Total	0.88	1.0	0.87	0.89	0.67	0.79	0.79	0.84	0.99	0.57	0.82	-0.76	0.67	0.59	-0.93	1.0	-0.11	0.97	-0.73	0.88		0.63	-0.5	0.73	0.75	0.93
Inventory	0.59	0.63	0.54	0.57	0.53	0.16	0.53	0.11	0.73	0.59	0.47	-0.88	-0.01	-0.14	-0.67	0.63	0.61	0.53	-0.54	0.74	0.63		-0.75	0.58	0.51	0.64
Other Current Assets	-0.25	-0.5	-0.17	-0.21	-0.02	-0.16	-0.03	-0.07	-0.54	-0.47	-0.09	0.65	-0.06	-0.01	0.57	-0.5	-0.14	-0.33	0.11	-0.34	-0.5	-0.75		-0.07	-0.17	-0.32
Other Stockholder Equity	0.95	0.73	0.96	0.95	0.99	0.63	0.98	0.57	0.77	0.71	0.94	-0.78	0.53	0.4	-0.74	0.73	0.26	0.83	-0.98	0.95	0.73	0.58	-0.07		0.9	0.93
Total Liab	0.95	0.75	0.94	0.94	0.9	0.8	0.9	0.65	0.78	0.74	0.97	-0.8	0.59	0.49	-0.7	0.75	0.1	0.87	-0.9	0.89	0.75	0.51	-0.17	0.9		0.89
Net Invested Capital	0.98	0.93	0.98	0.99	0.89	0.79	0.94	0.77	0.95	0.71	0.95	-0.83	0.67	0.56	-0.91	0.93	0.05	0.97	-0.92	0.98	0.93	0.64	-0.32	0.93	0.89

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Texas Cash And Short Term Investments vs Long Term Debt Analysis

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Long Term Debt

Texas Community fundamental ratios Correlations

Texas Community Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Current Liabilities	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Long Term Debt
Other Current Liab	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.99	Total Stockholder Equity
Other Stockholder Equity	- 0.98	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.95	Other Current Liab
Common Stock Shares Outstanding	- 0.95	Total Assets
Short Term Investments	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Total Current Liabilities