MetroCity Total Stockholder Equity vs Short Term Debt Analysis

MCBS Stock  USD 35.13  0.49  1.41%   
MetroCity Bankshares financial indicator trend analysis is infinitely more than just investigating MetroCity Bankshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MetroCity Bankshares is a good investment. Please check the relationship between MetroCity Bankshares Total Stockholder Equity and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetroCity Bankshares. 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.
For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.

Total Stockholder Equity vs Short Term Debt

Total Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetroCity Bankshares Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MetroCity Bankshares' Total Stockholder Equity and Short Term Debt is -0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of MetroCity Bankshares, assuming nothing else is changed. The correlation between historical values of MetroCity Bankshares' Total Stockholder Equity and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of MetroCity Bankshares are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., MetroCity Bankshares' Total Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Debt

Most indicators from MetroCity Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MetroCity Bankshares 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetroCity Bankshares. 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.
For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.At this time, MetroCity Bankshares' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 4,539 in 2024, whereas Selling General Administrative is likely to drop slightly above 24.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit138.0M4.1M211.0M221.6M
Total Revenue138.0M4.1M115.6M79.7M

MetroCity Bankshares fundamental ratios Correlations

0.230.980.870.630.990.710.83-0.770.990.710.810.50.731.00.020.010.89-0.670.740.98-0.660.910.98-0.260.06
0.230.320.430.030.310.10.33-0.280.210.110.390.060.560.21-0.150.30.43-0.30.660.32-0.270.060.35-0.01-0.14
0.980.320.930.551.00.690.86-0.790.980.680.840.510.80.98-0.010.10.94-0.690.791.0-0.690.830.98-0.220.03
0.870.430.930.280.920.770.94-0.880.850.770.880.410.940.870.10.380.97-0.780.890.92-0.770.680.87-0.370.14
0.630.030.550.280.560.110.27-0.260.660.120.420.620.150.63-0.19-0.690.36-0.260.180.55-0.260.70.660.27-0.17
0.990.311.00.920.560.690.86-0.790.980.690.830.510.790.980.00.10.93-0.690.781.0-0.690.840.98-0.220.04
0.710.10.690.770.110.690.82-0.760.641.00.70.210.810.710.130.390.76-0.60.80.67-0.60.740.63-0.620.17
0.830.330.860.940.270.860.82-0.970.820.840.960.340.90.830.350.290.95-0.920.840.84-0.920.690.8-0.520.39
-0.77-0.28-0.79-0.88-0.26-0.79-0.76-0.97-0.76-0.79-0.96-0.37-0.83-0.76-0.48-0.3-0.870.94-0.75-0.760.93-0.62-0.730.52-0.51
0.990.210.980.850.660.980.640.82-0.760.640.810.510.680.990.08-0.040.87-0.680.680.97-0.680.880.98-0.230.11
0.710.110.680.770.120.691.00.84-0.790.640.730.190.820.710.190.380.78-0.650.790.66-0.650.740.62-0.640.23
0.810.390.840.880.420.830.70.96-0.960.810.730.490.860.80.330.130.91-0.940.790.8-0.930.660.8-0.360.36
0.50.060.510.410.620.510.210.34-0.370.510.190.490.320.49-0.18-0.370.43-0.310.280.52-0.310.40.550.48-0.17
0.730.560.80.940.150.790.810.9-0.830.680.820.860.320.720.030.450.93-0.750.960.77-0.740.590.73-0.410.08
1.00.210.980.870.630.980.710.83-0.760.990.710.80.490.720.020.00.89-0.660.730.98-0.660.920.98-0.260.06
0.02-0.15-0.010.1-0.190.00.130.35-0.480.080.190.33-0.180.030.020.140.09-0.56-0.04-0.03-0.57-0.03-0.03-0.621.0
0.010.30.10.38-0.690.10.390.29-0.3-0.040.380.13-0.370.450.00.140.22-0.120.430.09-0.12-0.17-0.02-0.520.15
0.890.430.940.970.360.930.760.95-0.870.870.780.910.430.930.890.090.22-0.830.880.92-0.820.740.89-0.340.13
-0.67-0.3-0.69-0.78-0.26-0.69-0.6-0.920.94-0.68-0.65-0.94-0.31-0.75-0.66-0.56-0.12-0.83-0.65-0.661.0-0.51-0.650.47-0.6
0.740.660.790.890.180.780.80.84-0.750.680.790.790.280.960.73-0.040.430.88-0.650.77-0.630.630.75-0.40.0
0.980.321.00.920.551.00.670.84-0.760.970.660.80.520.770.98-0.030.090.92-0.660.77-0.660.830.99-0.180.0
-0.66-0.27-0.69-0.77-0.26-0.69-0.6-0.920.93-0.68-0.65-0.93-0.31-0.74-0.66-0.57-0.12-0.821.0-0.63-0.66-0.51-0.640.48-0.61
0.910.060.830.680.70.840.740.69-0.620.880.740.660.40.590.92-0.03-0.170.74-0.510.630.83-0.510.87-0.320.01
0.980.350.980.870.660.980.630.8-0.730.980.620.80.550.730.98-0.03-0.020.89-0.650.750.99-0.640.87-0.150.0
-0.26-0.01-0.22-0.370.27-0.22-0.62-0.520.52-0.23-0.64-0.360.48-0.41-0.26-0.62-0.52-0.340.47-0.4-0.180.48-0.32-0.15-0.64
0.06-0.140.030.14-0.170.040.170.39-0.510.110.230.36-0.170.080.061.00.150.13-0.60.00.0-0.610.010.0-0.64
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MetroCity Bankshares Account Relationship Matchups

MetroCity Bankshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.9B3.1B3.4B3.5B1.9B
Total Current Liabilities890K30.2M204K2.7M4.1M4.1M
Total Stockholder Equity216.7M244.8M290.2M352.4M381.5M212.1M
Property Plant And Equipment Net26.4M24.2M22.4M22.7M26.6M16.4M
Net Debt(194.9M)(19.4M)77.8M233.3M191.5M201.1M
Retained Earnings162.6M188.7M238.6M288.8M315.4M161.2M
Cash270.5M140.7M432.5M151.0M142.2M151.6M
Non Current Assets Total60.2M55.3M67.3M56.2M56.7M46.8M
Other Assets1.3B1.7B2.6B3.2B3.3B1.8B
Cash And Short Term Investments286.2M158.9M458.3M170.2M144.8M169.6M
Common Stock Shares Outstanding24.7M25.8M25.8M25.7M25.5M26.5M
Non Current Liabilities Total75.6M121.4M510.3M2.7M3.1B3.3B
Other Stockholder Equity53.9M55.7M51.6M45.3M45.7M46.9M
Total Liab1.4B1.7B2.8B3.1B3.1B1.7B
Total Current Assets291.3M168.2M469.3M183.4M159.9M151.9M
Intangible Assets18.1M13.0M7.7M4.0M1.3M1.2M
Common Stock121K255K257K252K289.8K179.7K
Other Current Liab(890K)(30M)(204K)(2.7M)(1.8M)(1.7M)
Other Liab31.3M51.2M42.4M23.2M26.7M22.5M
Net Tangible Assets216.7M244.8M290.2M349.4M401.8M204.7M
Accounts Payable890K222K204K2.7M4.1M3.9M
Long Term Debt63.1M110.5M500.5M375.4M325M180.5M
Net Receivables5.1M9.3M11.1M13.2M15.1M7.8M
Other Current Assets296.9M165.2M456.0M197.0M161.4M153.3M
Long Term Investments15.7M18.1M37.1M29.5M28.8M21.5M
Property Plant Equipment26.4M24.2M22.4M14.3M16.4M15.5M
Short Long Term Debt Total75.6M121.4M510.3M384.3M333.7M206.4M
Common Stock Total Equity121K255K257K252K289.8K205.4K
Short Term Investments15.7M18.1M25.7M19.2M18.5M17.4M
Liabilities And Stockholders Equity1.6B1.9B3.1B3.4B3.5B2.2B
Property Plant And Equipment Gross26.4M24.2M22.4M22.7M36.6M20.9M
Accumulated Other Comprehensive Income(1K)195K(168K)18.0M20.2M21.2M
Long Term Debt Total3.1M483K459K392K352.8K335.2K
Capital Surpluse53.9M55.7M51.6M45.3M52.1M50.6M
Net Invested Capital279.9M355.3M790.7M727.8M706.5M517.5M

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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.