Texas Net Tangible Assets from 2010 to 2024

TCBS Stock  USD 15.05  0.01  0.07%   
Texas Community Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 44.4 M in 2024. Net Tangible Assets is the total assets of Texas Community Bancshares minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
68.5 M
Current Value
44.4 M
Quarterly Volatility
13.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Community's main balance sheet or income statement drivers, such as Net Interest Income of 9.9 M, Interest Income of 13.4 M or Depreciation And Amortization of 343.2 K, as well as many indicators such as Price To Sales Ratio of 4.94, Dividend Yield of 0.0068 or PTB Ratio of 1.2. Texas financial statements analysis is a perfect complement when working with Texas Community Valuation or Volatility modules.
  
Check out the analysis of Texas Community Correlation against competitors.

Latest Texas Community's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Texas Community Bancshares over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Texas Community's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Texas Community's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Texas Net Tangible Assets Regression Statistics

Arithmetic Mean37,736,405
Geometric Mean35,963,876
Coefficient Of Variation35.77
Mean Deviation10,829,613
Median30,260,069
Standard Deviation13,497,853
Sample Variance182.2T
Range38.3M
R-Value0.71
Mean Square Error98.6T
R-Squared0.50
Significance0
Slope2,128,382
Total Sum of Squares2550.7T

Texas Net Tangible Assets History

202444.4 M
202368.5 M
202159.6 M
202031.3 M

About Texas Community Financial Statements

Texas Community shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Texas Community investors may analyze each financial statement separately, they are all interrelated. The changes in Texas Community's assets and liabilities, for example, are also reflected in the revenues and expenses on on Texas Community's 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
Net Tangible Assets68.5 M44.4 M

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Additional Tools for Texas Stock Analysis

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