MetroCity Intangible Assets vs Earning Assets Analysis

MCBS Stock  USD 30.44  0.09  0.29%   
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 Intangible Assets and its Earning Assets 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.

Intangible Assets vs Earning Assets

Intangible Assets vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetroCity Bankshares Intangible Assets account and Earning Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MetroCity Bankshares' Intangible Assets and Earning Assets is -0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Earning Assets 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' Intangible Assets and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of MetroCity Bankshares are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Intangible Assets i.e., MetroCity Bankshares' Intangible Assets and Earning Assets go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Earning Assets

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' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.11 in 2025, whereas Tax Provision is likely to drop slightly above 20.5 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit137.4M211.0M139.1M104.7M
Total Revenue162.3M115.6M234.4M246.2M

MetroCity Bankshares fundamental ratios Correlations

0.930.970.990.890.650.990.730.97-0.550.990.740.810.160.751.00.25-0.32-0.10.840.970.710.98-0.660.920.98
0.930.860.860.730.710.870.770.87-0.430.90.770.690.350.630.930.3-0.22-0.230.680.860.640.87-0.541.00.87
0.970.860.970.890.560.970.720.98-0.60.960.740.830.050.780.970.07-0.42-0.060.891.00.730.97-0.70.850.95
0.990.860.970.920.581.00.710.96-0.570.980.720.820.090.790.980.21-0.36-0.040.870.970.741.0-0.680.860.98
0.890.730.890.920.30.920.790.83-0.70.860.80.89-0.140.940.880.32-0.280.270.960.890.870.92-0.780.720.88
0.650.710.560.580.30.580.140.64-0.10.680.150.370.460.140.660.09-0.06-0.720.230.560.150.56-0.210.720.66
0.990.870.971.00.920.580.710.96-0.560.980.720.820.10.780.980.22-0.36-0.050.870.970.731.0-0.670.860.98
0.730.770.720.710.790.140.710.66-0.550.661.00.720.060.830.730.35-0.310.30.790.720.810.72-0.620.760.65
0.970.870.980.960.830.640.960.66-0.440.960.660.730.230.70.96-0.02-0.48-0.140.80.980.670.96-0.560.870.95
-0.55-0.43-0.6-0.57-0.7-0.1-0.56-0.55-0.44-0.56-0.61-0.870.69-0.68-0.55-0.47-0.15-0.11-0.8-0.6-0.58-0.550.99-0.42-0.53
0.990.90.960.980.860.680.980.660.96-0.560.680.810.120.70.990.25-0.28-0.150.830.960.660.98-0.680.90.98
0.740.770.740.720.80.150.721.00.66-0.610.680.760.010.830.740.37-0.280.280.810.740.810.73-0.670.770.66
0.810.690.830.820.890.370.820.720.73-0.870.810.76-0.340.870.810.4-0.140.070.930.840.790.81-0.930.690.8
0.160.350.050.09-0.140.460.10.060.230.690.120.01-0.34-0.180.17-0.24-0.33-0.31-0.30.05-0.080.10.590.360.14
0.750.630.780.790.940.140.780.830.7-0.680.70.830.87-0.180.740.28-0.280.370.910.780.960.8-0.740.620.76
1.00.930.970.980.880.660.980.730.96-0.550.990.740.810.170.740.25-0.32-0.110.840.970.70.98-0.660.930.97
0.250.30.070.210.320.090.220.35-0.02-0.470.250.370.4-0.240.280.250.540.130.270.070.210.21-0.460.30.21
-0.32-0.22-0.42-0.36-0.28-0.06-0.36-0.31-0.48-0.15-0.28-0.28-0.14-0.33-0.28-0.320.54-0.14-0.3-0.43-0.28-0.36-0.06-0.21-0.31
-0.1-0.23-0.06-0.040.27-0.72-0.050.3-0.14-0.11-0.150.280.07-0.310.37-0.110.13-0.140.29-0.070.39-0.01-0.07-0.24-0.12
0.840.680.890.870.960.230.870.790.8-0.80.830.810.93-0.30.910.840.27-0.30.290.890.850.87-0.870.670.83
0.970.861.00.970.890.560.970.720.98-0.60.960.740.840.050.780.970.07-0.43-0.070.890.730.97-0.710.850.95
0.710.640.730.740.870.150.730.810.67-0.580.660.810.79-0.080.960.70.21-0.280.390.850.730.75-0.640.630.74
0.980.870.971.00.920.561.00.720.96-0.550.980.730.810.10.80.980.21-0.36-0.010.870.970.75-0.660.860.98
-0.66-0.54-0.7-0.68-0.78-0.21-0.67-0.62-0.560.99-0.68-0.67-0.930.59-0.74-0.66-0.46-0.06-0.07-0.87-0.71-0.64-0.66-0.54-0.64
0.921.00.850.860.720.720.860.760.87-0.420.90.770.690.360.620.930.3-0.21-0.240.670.850.630.86-0.540.87
0.980.870.950.980.880.660.980.650.95-0.530.980.660.80.140.760.970.21-0.31-0.120.830.950.740.98-0.640.87
Click cells to compare fundamentals

MetroCity Bankshares Account Relationship Matchups

MetroCity Bankshares fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B3.1B3.4B3.5B3.6B2.1B
Short Long Term Debt Total121.4M510.3M384.3M333.7M382.9M193.1M
Total Current Liabilities1.5B2.3B2.7B2.7B2.7B1.5B
Total Stockholder Equity244.8M290.2M349.4M381.5M421.4M232.7M
Property Plant And Equipment Net24.2M22.4M22.7M26.6M26.1M17.4M
Net Debt(19.4M)77.8M233.3M191.5M146.6M153.9M
Retained Earnings188.7M238.6M285.8M315.4M358.7M180.3M
Cash140.7M432.5M151.0M142.2M236.3M160.6M
Non Current Assets Total1.7B2.6B3.2B3.3B3.3B1.8B
Non Currrent Assets Other70.6M106.8M136.3M110.8M125.6M120.3M
Other Assets1.7B2.6B3.2B3.3B3.3B1.9B
Cash And Short Term Investments158.9M458.3M170.2M160.6M253.7M180.1M
Common Stock Shares Outstanding25.8M25.8M25.7M25.5M25.6M26.6M
Liabilities And Stockholders Equity1.9B3.1B3.4B3.5B3.6B2.1B
Non Current Liabilities Total142.5M552.7M408.2M384.4M432.4M300.1M
Other Stockholder Equity55.7M51.6M45.3M45.7M49.2M47.6M
Total Liab1.7B2.8B3.1B3.1B3.2B1.9B
Total Current Assets168.2M469.3M183.4M175.8M269.6M291.4M
Accumulated Other Comprehensive Income195K(168K)18.0M20.2M13.2M13.8M
Short Term Debt30M1.4M1.2M1.8M1.6M1.5M
Intangible Assets13.0M7.7M4.0M1.3M1.4M1.3M
Common Stock242K255K257K252K254K199.1K
Other Current Liab1.5B2.3B2.7B2.7B2.7B1.6B
Other Liab31.3M51.2M42.4M23.2M26.7M22.5M
Net Tangible Assets216.7M244.8M290.2M349.4M401.8M204.7M
Accounts Payable222K204K2.7M4.1M3.5M3.3M
Long Term Debt110.5M500.5M375.4M325M375M201.6M
Net Receivables10.7M11.1M13.2M15.1M15.9M8.8M
Inventory(165.2M)(456.0M)(197.0M)127.0M114.3M120.0M
Other Current Assets165.2M456.0M197.0M161.4M145.3M138.0M
Long Term Investments18.1M37.1M29.5M28.8M27.7M21.5M
Property Plant Equipment26.4M24.2M22.4M14.3M16.4M15.5M
Common Stock Total Equity121K255K257K252K289.8K205.4K
Short Term Investments18.1M25.7M19.2M18.5M17.4M17.0M
Property Plant And Equipment Gross24.2M22.4M22.7M36.6M36.2M22.8M
Long Term Debt Total3.1M483K459K392K352.8K335.2K
Capital Surpluse53.9M55.7M51.6M45.3M52.1M50.6M
Net Invested Capital355.3M790.7M727.8M706.5M796.4M562.3M

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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.