Third Net Debt vs Capital Surpluse Analysis

TCBX Stock  USD 36.00  0.21  0.58%   
Third Coast financial indicator trend analysis is much more than just breaking down Third Coast Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Third Coast Bancshares is a good investment. Please check the relationship between Third Coast Net Debt and its Capital Surpluse accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast 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.

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Third Coast Bancshares Net Debt account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Third Coast's Net Debt and Capital Surpluse is -0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Third Coast Bancshares, assuming nothing else is changed. The correlation between historical values of Third Coast's Net Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Third Coast Bancshares are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Debt i.e., Third Coast's Net Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

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.

Capital Surpluse

Most indicators from Third Coast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Third Coast Bancshares 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 Third Coast 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.
Sales General And Administrative To Revenue is likely to rise to 0.54 in 2024, whereas Tax Provision is likely to drop slightly above 4.3 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income90.6M116.5M134.3M97.5M
Tax Provision3.1M4.5M7.7M4.3M

Third Coast fundamental ratios Correlations

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0.84-0.680.640.770.850.790.92-0.230.850.770.610.65-0.840.070.660.50.830.680.950.640.40.710.760.980.85
-0.59-0.68-0.04-0.59-0.61-0.59-0.670.35-0.5-0.24-0.55-0.050.36-0.71-0.57-0.13-0.53-0.15-0.72-0.060.29-0.48-0.61-0.62-0.64
0.690.64-0.040.640.630.60.67-0.260.750.940.531.0-0.95-0.540.550.690.690.540.651.00.870.670.610.660.66
0.990.77-0.590.640.960.990.96-0.780.960.570.960.65-0.790.270.980.860.930.120.920.670.190.981.00.760.99
0.990.85-0.610.630.960.960.98-0.690.980.60.910.64-0.790.250.90.830.990.30.960.650.210.960.950.870.98
0.980.79-0.590.60.990.960.96-0.750.970.550.940.62-0.770.270.980.850.920.140.930.640.170.970.990.770.99
0.980.92-0.670.670.960.980.96-0.60.970.690.870.68-0.850.210.890.760.950.380.990.690.290.930.950.910.99
-0.71-0.230.35-0.26-0.78-0.69-0.75-0.6-0.64-0.05-0.91-0.270.34-0.49-0.85-0.81-0.670.47-0.52-0.310.23-0.82-0.8-0.25-0.7
0.990.85-0.50.750.960.980.970.97-0.640.70.880.76-0.870.070.910.870.960.340.950.770.370.960.950.860.98
0.650.77-0.240.940.570.60.550.69-0.050.70.420.94-0.95-0.480.450.480.640.740.70.920.860.560.550.770.64
0.930.61-0.550.530.960.910.940.87-0.910.880.420.55-0.670.380.960.870.9-0.080.820.580.040.970.970.620.93
0.70.65-0.051.00.650.640.620.68-0.270.760.940.55-0.95-0.520.560.70.70.540.661.00.860.680.620.670.67
-0.84-0.840.36-0.95-0.79-0.79-0.77-0.850.34-0.87-0.95-0.67-0.950.28-0.7-0.7-0.82-0.58-0.84-0.95-0.72-0.78-0.77-0.83-0.83
0.20.07-0.71-0.540.270.250.270.21-0.490.07-0.480.38-0.520.280.33-0.020.17-0.480.22-0.5-0.860.210.30.050.24
0.940.66-0.570.550.980.90.980.89-0.850.910.450.960.56-0.70.330.850.86-0.050.850.590.090.960.990.620.95
0.850.5-0.130.690.860.830.850.76-0.810.870.480.870.7-0.7-0.020.850.850.010.680.730.320.930.850.540.82
0.980.83-0.530.690.930.990.920.95-0.670.960.640.90.7-0.820.170.860.850.330.930.710.290.960.920.870.95
0.270.68-0.150.540.120.30.140.380.470.340.74-0.080.54-0.58-0.48-0.050.010.330.440.50.690.10.090.710.24
0.960.95-0.720.650.920.960.930.99-0.520.950.70.820.66-0.840.220.850.680.930.440.660.280.880.920.940.97
0.720.64-0.061.00.670.650.640.69-0.310.770.920.581.0-0.95-0.50.590.730.710.50.660.840.70.650.660.69
0.270.40.290.870.190.210.170.290.230.370.860.040.86-0.72-0.860.090.320.290.690.280.840.220.150.420.24
0.980.71-0.480.670.980.960.970.93-0.820.960.560.970.68-0.780.210.960.930.960.10.880.70.220.980.730.97
0.980.76-0.610.611.00.950.990.95-0.80.950.550.970.62-0.770.30.990.850.920.090.920.650.150.980.740.99
0.850.98-0.620.660.760.870.770.91-0.250.860.770.620.67-0.830.050.620.540.870.710.940.660.420.730.740.83
0.990.85-0.640.660.990.980.990.99-0.70.980.640.930.67-0.830.240.950.820.950.240.970.690.240.970.990.83
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Third Coast Account Relationship Matchups

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