TC Bancshares Inc (TCBC) - 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. See net asset quality index of TC Bancshares Inc to measure how much of total assets are equity-financed.
TC Bancshares Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how TC Bancshares Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of TC Bancshares Inc to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KGL Resources Limited
F:KN6
|
-0.003x |
|
Rekor Systems Inc
NASDAQ:REKR
|
0.005x |
|
AurosTechnology Inc.
KQ:322310
|
-0.018x |
|
Astro Malaysia Holdings Bhd
KLSE:6399
|
0.127x |
|
Nanexa AB
ST:NANEXA
|
-0.040x |
|
ATM Grupa S.A.
WAR:ATG
|
0.012x |
|
TUL Corporation
TWO:6150
|
-0.075x |
|
Maywood Acquisition Corp. Unit
NASDAQ:MAYAU
|
-0.002x |
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. For the full company profile with market capitalisation and key ratios, see TCBC market cap.
| 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