Texas Net Invested Capital vs Long Term Investments Analysis

TCBS Stock  USD 15.05  0.01  0.07%   
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 Net Invested Capital and its Long Term Investments 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.

Net Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Community Banc Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Texas Community's Net Invested Capital and Long Term Investments is 0.98. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Investments 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 Net Invested Capital and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Texas Community Bancshares are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., Texas Community's Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of Texas Community balance sheet that represents investments Texas Community Banc intends to hold for over a year. Texas Community Bancshares long term investments may include different instruments such as stocks, bonds, real estate and cash.
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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