Third Cash vs Other Stockholder Equity Analysis

TCBX Stock  USD 35.55  0.46  1.31%   
Third Coast financial indicator trend analysis is much more than just breaking down Third Coast Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Third Coast Bancshares is a good investment. Please check the relationship between Third Coast Cash and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast Bancshares. 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.

Cash vs Other Stockholder Equity

Cash vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Third Coast Bancshares Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Third Coast's Cash and Other Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Third Coast Bancshares, assuming nothing else is changed. The correlation between historical values of Third Coast's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Third Coast Bancshares are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Third Coast's Cash and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of Third Coast Bancshares, which is listed under current asset account on Third Coast Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Third Coast customers. The amounts must be unrestricted with restricted cash listed in a different Third Coast account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Stockholder Equity

Most indicators from Third Coast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Third Coast Bancshares 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast Bancshares. 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.
Tax Provision is likely to drop to about 4.3 M in 2024. Selling General Administrative is likely to drop to about 47.9 M in 2024
 2021 2022 2023 2024 (projected)
Net Interest Income90.6M116.5M134.3M97.5M
Tax Provision3.1M4.5M7.7M4.3M

Third Coast fundamental ratios Correlations

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0.690.641.00.640.630.60.67-0.260.750.940.531.01.0-0.490.55-0.90.690.540.650.540.870.670.610.660.66
0.990.770.630.640.960.990.96-0.780.960.570.960.650.620.320.98-0.340.930.120.920.90.190.981.00.760.99
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0.270.680.540.540.120.30.140.380.470.340.74-0.080.540.54-0.46-0.05-0.790.330.44-0.230.690.10.090.710.24
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0.980.760.60.611.00.950.990.95-0.80.950.550.970.620.590.350.99-0.30.920.090.920.90.150.980.740.99
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0.990.850.650.660.990.980.990.99-0.70.980.640.930.670.650.290.95-0.410.950.240.970.830.240.970.990.83
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Third Coast Account Relationship Matchups

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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.