TC Bancshares Inc Cash Flow Conversion Efficiency
TC Bancshares Inc cash flow conversion efficiency. Based on the latest financial reports, TC Bancshares Inc (TCBC) has a cash flow conversion efficiency ratio of 0.018x as of March 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.37 Million) by net assets ($77.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of TC Bancshares Inc (2019–2024)
Cash flow conversion efficiency of TC Bancshares Inc from 2019 to 2024. This chart illustrates how TC Bancshares Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TC Bancshares Inc stock price for real-time trading data and today's change.
TC Bancshares Inc Cash Flow Conversion Ratio Explained
TC Bancshares Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
TC Bancshares Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TC Bancshares Inc ranked by their cash flow conversion efficiency. Also see market value of TC Bancshares Inc for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tiziana Life Sciences Ltd
NASDAQ:TLSA
|
-115.846x |
|
Genic Co. Ltd
KQ:123330
|
-0.026x |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NASDAQ:LION
|
0.172x |
|
Téléverbier SA
PA:TVRB
|
0.232x |
|
JHM Consolidation Bhd
KLSE:0127
|
-0.009x |
|
Clearwise AG
DU:ABO
|
0.057x |
|
Maywood Acquisition Corp. Unit
NASDAQ:MAYAU
|
-0.002x |
|
Ubiquoss Holdings Inc
KQ:078070
|
0.055x |
Annual Cash Flow Conversion Efficiency for TC Bancshares Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of TC Bancshares Inc from 2019 to 2024. Review TC Bancshares Inc (TCBC) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $77.33 Million | $3.15 Million | 0.041x | -19.66% |
| 2023-12-31 | $79.63 Million | $4.03 Million | 0.051x | -2.26% |
| 2022-12-31 | $85.28 Million | $4.42 Million | 0.052x | +13.92% |
| 2021-12-31 | $86.81 Million | $3.95 Million | 0.045x | +379.86% |
| 2020-12-31 | $39.86 Million | $-647.64K | -0.016x | -25.13% |
| 2019-12-31 | $39.79 Million | $-516.67K | -0.013x | -- |
About TC Bancshares Inc
TC Bancshares, Inc. operates as the holding company for TC Federal Bank that provides various banking services to individual and commercial customers in Georgia and Florida, the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also offers lending p… Read more