Texas Common Stock Shares Outstanding vs Total Assets 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 Common Stock Shares Outstanding and its Total Assets 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.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Community Banc Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Texas Community's Common Stock Shares Outstanding and Total Assets is -0.95. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets 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 Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Texas Community Bancshares are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Texas Community's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Texas Community assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Texas Community Banc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Common Stock Shares Outstanding vs Total Assets Analysis

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Total Assets

Texas Community fundamental ratios Correlations

Texas Community Account Relationship Matchups

High Positive 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