MetroCity Short Term Debt vs Capital Surpluse Analysis

MCBS Stock

USD 25.84 0.06 0.23%

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 Short Term Debt and its Capital Surpluse 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 tightly coupled 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.

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetroCity Bankshares Short Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between MetroCity Bankshares' Short Term Debt and Capital Surpluse is -0.52. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Surpluse 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' Short Term Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of MetroCity Bankshares are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Short Term Debt i.e., MetroCity Bankshares' Short Term Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Capital Surpluse

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 tightly coupled 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 11.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 24.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	138.0M	4.1M	211.0M	221.6M
Total Revenue	138.0M	4.1M	115.6M	79.7M

Gross Profit Total Revenue

MetroCity Bankshares fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Inventory	Other Current Assets
Total Assets		0.45	0.98	0.87	0.63	0.99	0.71	0.46	0.09	0.52	0.26	0.81	0.51	0.73	1.0	0.02	0.01	0.89	-0.27	0.74	0.98	-0.66	0.91	0.98	-0.26	0.06
Total Current Liabilities	0.45		0.48	0.38	0.61	0.47	0.12	1.0	0.88	-0.47	-0.61	0.45	0.99	0.29	0.45	-0.21	-0.37	0.39	0.48	0.24	0.49	-0.28	0.33	0.52	0.55	-0.19
Total Stockholder Equity	0.98	0.48		0.93	0.55	1.0	0.69	0.48	0.1	0.48	0.22	0.84	0.52	0.8	0.98	-0.01	0.1	0.94	-0.28	0.79	1.0	-0.69	0.83	0.98	-0.22	0.03
Property Plant And Equipment Net	0.87	0.38	0.93		0.28	0.92	0.77	0.38	-0.05	0.48	0.37	0.88	0.42	0.94	0.87	0.1	0.38	0.97	-0.44	0.89	0.92	-0.77	0.68	0.87	-0.37	0.14
Net Debt	0.63	0.61	0.55	0.28		0.56	0.11	0.61	0.51	0.11	-0.33	0.42	0.63	0.15	0.63	-0.18	-0.69	0.36	0.21	0.18	0.55	-0.26	0.7	0.66	0.27	-0.17
Retained Earnings	0.99	0.47	1.0	0.92	0.56		0.69	0.48	0.1	0.49	0.23	0.83	0.51	0.79	0.98	0.0	0.1	0.93	-0.29	0.78	1.0	-0.69	0.84	0.98	-0.22	0.04
Cash	0.71	0.12	0.69	0.77	0.11	0.69		0.13	-0.25	0.57	0.71	0.7	0.23	0.81	0.71	0.13	0.39	0.76	-0.46	0.8	0.67	-0.6	0.74	0.63	-0.62	0.17
Non Current Assets Total	0.46	1.0	0.48	0.38	0.61	0.48	0.13		0.88	-0.46	-0.6	0.46	0.99	0.28	0.45	-0.19	-0.38	0.39	0.48	0.23	0.49	-0.29	0.34	0.52	0.54	-0.18
Non Currrent Assets Other	0.09	0.88	0.1	-0.05	0.51	0.1	-0.25	0.88		-0.74	-0.83	-0.01	0.85	-0.13	0.09	-0.44	-0.54	-0.03	0.81	-0.14	0.13	0.17	0.04	0.17	0.83	-0.45
Other Assets	0.52	-0.47	0.48	0.48	0.11	0.49	0.57	-0.46	-0.74		0.8	0.45	-0.41	0.47	0.53	0.28	0.33	0.48	-0.76	0.5	0.45	-0.45	0.56	0.44	-0.78	0.3
Cash And Short Term Investments	0.26	-0.61	0.22	0.37	-0.33	0.23	0.71	-0.6	-0.83	0.8		0.28	-0.52	0.47	0.26	0.29	0.56	0.36	-0.75	0.49	0.2	-0.33	0.36	0.15	-0.89	0.31
Common Stock Shares Outstanding	0.81	0.45	0.84	0.88	0.42	0.83	0.7	0.46	-0.01	0.45	0.28		0.5	0.86	0.8	0.33	0.13	0.91	-0.53	0.79	0.8	-0.93	0.66	0.8	-0.36	0.36
Non Current Liabilities Total	0.51	0.99	0.52	0.42	0.63	0.51	0.23	0.99	0.85	-0.41	-0.52	0.5		0.33	0.5	-0.18	-0.37	0.44	0.44	0.29	0.53	-0.32	0.42	0.56	0.47	-0.16
Other Stockholder Equity	0.73	0.29	0.8	0.94	0.15	0.79	0.81	0.28	-0.13	0.47	0.47	0.86	0.33		0.72	0.03	0.45	0.93	-0.48	0.96	0.77	-0.74	0.59	0.73	-0.41	0.08
Total Liab	1.0	0.45	0.98	0.87	0.63	0.98	0.71	0.45	0.09	0.53	0.26	0.8	0.5	0.72		0.02	0.0	0.89	-0.27	0.73	0.98	-0.66	0.92	0.98	-0.26	0.06
Total Current Assets	0.02	-0.21	-0.01	0.1	-0.18	0.0	0.13	-0.19	-0.44	0.28	0.29	0.33	-0.18	0.03	0.02		0.14	0.09	-0.66	-0.04	-0.03	-0.57	-0.03	-0.03	-0.62	1.0
Intangible Assets	0.01	-0.37	0.1	0.38	-0.69	0.1	0.39	-0.38	-0.54	0.33	0.56	0.13	-0.37	0.45	0.0	0.14		0.22	-0.4	0.43	0.09	-0.12	-0.17	-0.02	-0.52	0.15
Common Stock	0.89	0.39	0.94	0.97	0.36	0.93	0.76	0.39	-0.03	0.48	0.36	0.91	0.44	0.93	0.89	0.09	0.22		-0.47	0.88	0.92	-0.82	0.74	0.89	-0.34	0.13
Other Current Liab	-0.27	0.48	-0.28	-0.44	0.21	-0.29	-0.46	0.48	0.81	-0.76	-0.75	-0.53	0.44	-0.48	-0.27	-0.66	-0.4	-0.47		-0.43	-0.25	0.7	-0.22	-0.21	0.83	-0.68
Other Liab	0.74	0.24	0.79	0.89	0.18	0.78	0.8	0.23	-0.14	0.5	0.49	0.79	0.29	0.96	0.73	-0.04	0.43	0.88	-0.43		0.77	-0.63	0.63	0.75	-0.4	0.0
Net Tangible Assets	0.98	0.49	1.0	0.92	0.55	1.0	0.67	0.49	0.13	0.45	0.2	0.8	0.53	0.77	0.98	-0.03	0.09	0.92	-0.25	0.77		-0.66	0.83	0.99	-0.18	0.0
Accounts Payable	-0.66	-0.28	-0.69	-0.77	-0.26	-0.69	-0.6	-0.29	0.17	-0.45	-0.33	-0.93	-0.32	-0.74	-0.66	-0.57	-0.12	-0.82	0.7	-0.63	-0.66		-0.51	-0.64	0.48	-0.61
Long Term Debt	0.91	0.33	0.83	0.68	0.7	0.84	0.74	0.34	0.04	0.56	0.36	0.66	0.42	0.59	0.92	-0.03	-0.17	0.74	-0.22	0.63	0.83	-0.51		0.87	-0.32	0.01
Net Receivables	0.98	0.52	0.98	0.87	0.66	0.98	0.63	0.52	0.17	0.44	0.15	0.8	0.56	0.73	0.98	-0.03	-0.02	0.89	-0.21	0.75	0.99	-0.64	0.87		-0.15	0.0
Inventory	-0.26	0.55	-0.22	-0.37	0.27	-0.22	-0.62	0.54	0.83	-0.78	-0.89	-0.36	0.47	-0.41	-0.26	-0.62	-0.52	-0.34	0.83	-0.4	-0.18	0.48	-0.32	-0.15		-0.64
Other Current Assets	0.06	-0.19	0.03	0.14	-0.17	0.04	0.17	-0.18	-0.45	0.3	0.31	0.36	-0.16	0.08	0.06	1.0	0.15	0.13	-0.68	0.0	0.0	-0.61	0.01	0.0	-0.64

Click cells to compare fundamentals

MetroCity Bankshares Account Relationship Matchups

MetroCity Bankshares fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.9B	3.1B	3.4B	3.5B	1.9B
Total Current Liabilities	890K	30.2M	204K	2.7M	516.2M	542.0M
Total Stockholder Equity	216.7M	244.8M	290.2M	352.4M	381.5M	212.1M
Property Plant And Equipment Net	26.4M	24.2M	22.4M	22.7M	26.6M	16.4M
Net Debt	(194.9M)	(19.4M)	77.8M	233.3M	191.5M	201.1M
Retained Earnings	162.6M	188.7M	238.6M	288.8M	315.4M	161.2M
Cash	270.5M	140.7M	432.5M	151.0M	142.2M	151.6M
Non Current Assets Total	60.2M	55.3M	67.3M	56.2M	3.3B	3.5B
Other Assets	1.3B	1.7B	2.6B	3.2B	1.0	0.95
Cash And Short Term Investments	286.2M	158.9M	458.3M	170.2M	(142.2M)	(135.0M)
Common Stock Shares Outstanding	24.7M	25.8M	25.8M	25.7M	25.5M	26.5M
Non Current Liabilities Total	75.6M	121.4M	510.3M	2.7M	2.6B	2.7B
Other Stockholder Equity	53.9M	55.7M	51.6M	45.3M	45.7M	46.9M
Total Liab	1.4B	1.7B	2.8B	3.1B	3.1B	1.7B
Total Current Assets	291.3M	168.2M	469.3M	183.4M	161.4M	153.3M
Intangible Assets	18.1M	13.0M	7.7M	4.0M	1.3M	1.2M
Common Stock	121K	255K	257K	252K	289.8K	179.7K
Other Current Liab	(890K)	(30.2M)	(204K)	(2.7M)	516.2M	542.0M
Other Liab	31.3M	51.2M	42.4M	23.2M	26.7M	22.5M
Net Tangible Assets	216.7M	244.8M	290.2M	349.4M	401.8M	204.7M
Accounts Payable	890K	222K	204K	2.7M	4.1M	3.9M
Long Term Debt	63.1M	110.5M	500.5M	375.4M	325M	180.5M
Net Receivables	5.1M	9.3M	11.1M	13.2M	15.1M	7.8M
Other Current Assets	296.9M	165.2M	456.0M	197.0M	161.4M	153.3M
Long Term Investments	15.7M	18.1M	37.1M	29.5M	28.8M	21.5M
Property Plant Equipment	26.4M	24.2M	22.4M	14.3M	16.4M	15.5M
Short Long Term Debt Total	75.6M	121.4M	510.3M	384.3M	333.7M	205.8M
Common Stock Total Equity	121K	255K	257K	252K	289.8K	205.4K
Short Term Investments	15.7M	18.1M	25.7M	19.2M	18.5M	17.4M
Liabilities And Stockholders Equity	1.6B	1.9B	3.1B	3.4B	3.5B	2.2B
Property Plant And Equipment Gross	26.4M	24.2M	22.4M	22.7M	36.6M	20.9M
Accumulated Other Comprehensive Income	(1K)	195K	(168K)	18.0M	20.2M	21.2M
Long Term Debt Total	3.1M	483K	459K	392K	352.8K	335.2K
Capital Surpluse	53.9M	55.7M	51.6M	45.3M	52.1M	50.6M
Net Invested Capital	279.9M	355.3M	790.7M	727.8M	706.5M	517.5M

Pair Trading with MetroCity Bankshares

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MetroCity Bankshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MetroCity Bankshares will appreciate offsetting losses from the drop in the long position's value.

Moving together with MetroCity Stock

0.89	AX	Axos Financial Fiscal Year End 25th of July 2024	Pair Corr
0.9	BY	Byline Bancorp Financial Report 25th of July 2024	Pair Corr

Moving against MetroCity Stock

0.44

ECBK

ECB Bancorp

Pair Corr

The ability to find closely correlated positions to MetroCity Bankshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MetroCity Bankshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MetroCity Bankshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MetroCity Bankshares to buy it.

The correlation of MetroCity Bankshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MetroCity Bankshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MetroCity Bankshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for MetroCity Bankshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether MetroCity Bankshares is a strong investment it is important to analyze MetroCity Bankshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MetroCity Bankshares' future performance. For an informed investment choice regarding MetroCity Stock, refer to the following important reports:

How To Invest In MetroCity

Details

Is MetroCity Stock a good investment?

Details

What is MetroCity Bankshares' Net Worth?

Details

Largest Banks - Regional Companies

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Largest Financial Services Companies

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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 tightly coupled 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.

Note that the MetroCity Bankshares information on this page should be used as a complementary analysis to other MetroCity Bankshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary 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.

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Is MetroCity Bankshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MetroCity Bankshares. If investors know MetroCity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MetroCity Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.08)

Dividend Share

0.74

Earnings Share

1.97

Revenue Per Share

4.763

Quarterly Revenue Growth

0.013

The market value of MetroCity Bankshares is measured differently than its book value, which is the value of MetroCity that is recorded on the company's balance sheet. Investors also form their own opinion of MetroCity Bankshares' value that differs from its market value or its book value, called intrinsic value, which is MetroCity Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MetroCity Bankshares' market value can be influenced by many factors that don't directly affect MetroCity Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MetroCity Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if MetroCity Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MetroCity Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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MetroCity Short Term Debt vs Capital Surpluse Analysis

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Short Term Debt

Capital Surpluse

MetroCity Bankshares fundamental ratios Correlations

MetroCity Bankshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MetroCity Bankshares fundamental ratios Accounts

Pair Trading with MetroCity Bankshares

Moving together with MetroCity Stock

Moving against MetroCity Stock

Complementary Tools for MetroCity Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Retained Earnings
Other Current Assets	+ 1.0	Total Current Assets

Accounts Payable	- 0.93	Common Stock Shares Outstanding
Inventory	- 0.89	Cash And Short Term Investments
Cash And Short Term Investments	- 0.83	Non Currrent Assets Other
Accounts Payable	- 0.82	Common Stock
Inventory	- 0.78	Other Assets
Accounts Payable	- 0.77	Property Plant And Equipment Net