Third Coast Bancshares Stock Current Ratio

TCBX Stock

USD 32.59 0.91 2.87%

Third Coast Bancshares fundamentals help investors to digest information that contributes to Third Coast's financial success or failures. It also enables traders to predict the movement of Third Stock. The fundamental analysis module provides a way to measure Third Coast's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Third Coast stock.

		Last Reported	Projected for Next Year
	Current Ratio	143.00	140.42

Current Ratio is likely to drop to 140.42 in 2025.

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Third Coast Bancshares Company Current Ratio Analysis

Third Coast's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Third Coast Current Ratio

140.42

Most of Third Coast's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Third Coast Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Third Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Third Coast is extremely important. It helps to project a fair market value of Third Stock properly, considering its historical fundamentals such as Current Ratio. Since Third Coast's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Third Coast's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Third Coast's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets	Capital Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Debt	Intangible Assets	Capital Surpluse	Treasury Stock	Long Term Debt Total
Total Assets		0.99	0.97	-0.82	0.89	0.77	0.94	0.98	0.87	0.9	0.99	0.48	0.83	0.95	0.95	0.99	0.93	-0.85	-0.97	0.94	0.65	-0.52
Total Stockholder Equity	0.99		0.99	-0.85	0.87	0.71	0.98	0.95	0.83	0.84	0.99	0.58	0.81	0.98	0.98	0.98	0.97	-0.88	-0.95	0.9	0.61	-0.49
Net Tangible Assets	0.97	0.99		-0.81	0.81	0.63	0.98	0.93	0.77	0.82	0.98	0.62	0.74	0.97	0.97	0.99	0.95	-0.85	-0.91	0.89	0.56	-0.39
Net Debt	-0.82	-0.85	-0.81		-0.86	-0.63	-0.85	-0.8	-0.83	-0.57	-0.8	-0.48	-0.91	-0.87	-0.87	-0.79	-0.86	0.88	0.82	-0.72	-0.74	0.71
Retained Earnings	0.89	0.87	0.81	-0.86		0.93	0.8	0.88	0.99	0.82	0.88	0.24	0.97	0.82	0.82	0.83	0.84	-0.85	-0.96	0.91	0.83	-0.84
Accounts Payable	0.77	0.71	0.63	-0.63	0.93		0.59	0.76	0.94	0.83	0.74	-0.02	0.87	0.61	0.61	0.67	0.64	-0.68	-0.89	0.88	0.82	-0.83
Long Term Debt	0.94	0.98	0.98	-0.85	0.8	0.59		0.88	0.75	0.72	0.96	0.68	0.75	0.99	0.99	0.94	0.99	-0.9	-0.89	0.81	0.5	-0.42
Net Receivables	0.98	0.95	0.93	-0.8	0.88	0.76	0.88		0.85	0.92	0.96	0.41	0.83	0.91	0.91	0.97	0.87	-0.8	-0.93	0.92	0.64	-0.51
Short Term Investments	0.87	0.83	0.77	-0.83	0.99	0.94	0.75	0.85		0.83	0.85	0.25	0.94	0.77	0.77	0.8	0.79	-0.78	-0.94	0.92	0.86	-0.86
Total Liab	0.9	0.84	0.82	-0.57	0.82	0.83	0.72	0.92	0.83		0.89	0.26	0.7	0.74	0.73	0.88	0.7	-0.59	-0.89	0.95	0.64	-0.47
Net Invested Capital	0.99	0.99	0.98	-0.8	0.88	0.74	0.96	0.96	0.85	0.89		0.54	0.8	0.96	0.96	0.99	0.95	-0.84	-0.96	0.94	0.61	-0.49
Long Term Investments	0.48	0.58	0.62	-0.48	0.24	-0.02	0.68	0.41	0.25	0.26	0.54		0.17	0.66	0.66	0.57	0.65	-0.37	-0.36	0.35	-0.01	0.01
Total Current Assets	0.83	0.81	0.74	-0.91	0.97	0.87	0.75	0.83	0.94	0.7	0.8	0.17		0.78	0.78	0.76	0.79	-0.88	-0.9	0.81	0.85	-0.86
Capital Stock	0.95	0.98	0.97	-0.87	0.82	0.61	0.99	0.91	0.77	0.74	0.96	0.66	0.78		1.0	0.95	0.99	-0.9	-0.9	0.82	0.52	-0.46
Common Stock	0.95	0.98	0.97	-0.87	0.82	0.61	0.99	0.91	0.77	0.73	0.96	0.66	0.78	1.0		0.95	0.99	-0.9	-0.9	0.81	0.52	-0.46
Property Plant Equipment	0.99	0.98	0.99	-0.79	0.83	0.67	0.94	0.97	0.8	0.88	0.99	0.57	0.76	0.95	0.95		0.91	-0.8	-0.92	0.91	0.59	-0.41
Current Deferred Revenue	0.93	0.97	0.95	-0.86	0.84	0.64	0.99	0.87	0.79	0.7	0.95	0.65	0.79	0.99	0.99	0.91		-0.92	-0.91	0.81	0.52	-0.52
Short Term Debt	-0.85	-0.88	-0.85	0.88	-0.85	-0.68	-0.9	-0.8	-0.78	-0.59	-0.84	-0.37	-0.88	-0.9	-0.9	-0.8	-0.92		0.88	-0.72	-0.61	0.6
Intangible Assets	-0.97	-0.95	-0.91	0.82	-0.96	-0.89	-0.89	-0.93	-0.94	-0.89	-0.96	-0.36	-0.9	-0.9	-0.9	-0.92	-0.91	0.88		-0.96	-0.74	0.67
Capital Surpluse	0.94	0.9	0.89	-0.72	0.91	0.88	0.81	0.92	0.92	0.95	0.94	0.35	0.81	0.82	0.81	0.91	0.81	-0.72	-0.96		0.78	-0.6
Treasury Stock	0.65	0.61	0.56	-0.74	0.83	0.82	0.5	0.64	0.86	0.64	0.61	-0.01	0.85	0.52	0.52	0.59	0.52	-0.61	-0.74	0.78		-0.8
Long Term Debt Total	-0.52	-0.49	-0.39	0.71	-0.84	-0.83	-0.42	-0.51	-0.86	-0.47	-0.49	0.01	-0.86	-0.46	-0.46	-0.41	-0.52	0.6	0.67	-0.6	-0.8

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Third Current Ratio Historical Pattern

Today, most investors in Third Coast Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Third Coast's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Third Coast current ratio as a starting point in their analysis.

Third Coast Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Third Coast

Current Ratio Over Time

Third Price To Sales Ratio

Price To Sales Ratio

1.34

At this time, Third Coast's Price To Sales Ratio is fairly stable compared to the past year.

Third Coast Current Valuation Drivers

We derive many important indicators used in calculating different scores of Third Coast from analyzing Third Coast's financial statements. These drivers represent accounts that assess Third Coast's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Third Coast's important valuation drivers and their relationship over time.

		2020	2021	2022	2023	2024	2025 (projected)
Enterprise Value		166.1M	(121.3M)	47.7M	114.7M	225.3M	128.5M

Third Coast ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Third Coast's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Third Coast's managers, analysts, and investors.

Environmental

Governance

Social

Third Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0102
	Profit Margin	0.29 %
	Operating Margin	0.40 %
	Current Valuation	152.54 M
	Shares Outstanding	13.79 M
	Shares Owned By Insiders	7.91 %
	Shares Owned By Institutions	53.40 %
	Number Of Shares Shorted	284.45 K
	Price To Earning	10.02 X
	Price To Book	0.95 X
	Price To Sales	2.70 X
	Revenue	328.36 M
	Gross Profit	165.68 M
	EBITDA	41.61 M
	Net Income	47.67 M
	Cash And Equivalents	217.98 M
	Cash Per Share	16.10 X
	Total Debt	132.53 M
	Book Value Per Share	33.45 X
	Cash Flow From Operations	35.14 M
	Short Ratio	4.09 X
	Earnings Per Share	2.78 X
	Price To Earnings To Growth	0.80 X
	Target Price	40.75
	Number Of Employees	369
	Beta	0.7
	Market Capitalization	447.45 M
	Total Asset	4.94 B
	Retained Earnings	121.7 M
	Net Asset	4.94 B

About Third Coast Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Third Coast Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Third Coast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Third Coast Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Third Stock Analysis

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

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