MetroCity Change To Inventory from 2010 to 2024

MCBS Stock  USD 35.13  0.49  1.41%   
MetroCity Bankshares Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory MetroCity Bankshares has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
31.2 M
Current Value
32.7 M
Quarterly Volatility
13.5 M
 
Credit Downgrade
 
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' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of MetroCity Bankshares over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. MetroCity Bankshares' Change To Inventory 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.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

MetroCity Change To Inventory Regression Statistics

Arithmetic Mean7,905,317
Geometric Mean3,192,292
Coefficient Of Variation170.72
Mean Deviation11,258,661
Median587,680
Standard Deviation13,495,919
Sample Variance182.1T
Range43M
R-Value0.72
Mean Square Error94.3T
R-Squared0.52
Significance0
Slope2,174,337
Total Sum of Squares2550T

MetroCity Change To Inventory History

202432.7 M
202331.2 M
202227.1 M
2021-3.1 M
202020.9 M
201912.1 M
20181.3 M

About MetroCity Bankshares Financial Statements

MetroCity Bankshares shareholders use historical fundamental indicators, such as Change To Inventory, 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
Change To Inventory31.2 M32.7 M

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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.