Texas Free Cash Flow vs Other Non Cash Items Analysis

TCBS Stock  USD 15.00  0.05  0.33%   
Texas Community financial indicator trend analysis is much more than just breaking down Texas Community Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Community Banc is a good investment. Please check the relationship between Texas Community Free Cash Flow and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Community 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.

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Community Banc Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Texas Community's Free Cash Flow and Other Non Cash Items is -0.93. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Texas Community Bancshares, assuming nothing else is changed. The correlation between historical values of Texas Community's Free Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Texas Community Bancshares are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Texas Community's Free Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Other Non Cash Items

Most indicators from Texas Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texas Community Banc 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 Texas Community 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 gain to about (40.9 K) in 2024. Selling General Administrative is likely to drop to about 1.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income10.5M12.5M17.2M13.4M
Net Interest Income8.4M10.2M10.7M9.9M

Texas Community fundamental ratios Correlations

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Texas Community Account Relationship Matchups

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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.