TC Bancshares Inc (TCBC) — Defensive Interval Ratio

Latest as of March 2025: 76 days

TC Bancshares Inc (TCBC) has a Defensive Interval Ratio of 76 days as of March 2025. Defensive assets of $93.51 Million (cash $-, short-term investments $93.51 Million, receivables $-) cover 76 days of daily cash needs of $1.23 Million/day. Check TC Bancshares Inc (TCBC) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

76 days
Days of operational coverage

Defensive Assets

$93.51 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.23 Million
Current Liabilities ÷ 365

Current Liabilities

$449.49 Million
USD

TC Bancshares Inc Defensive Interval Ratio (2019–2023)

This chart shows how TC Bancshares Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of March 2025, the ratio stands at 76 days, meaning defensive assets of $93.51 Million can fund 76 days of operations without new revenue. Also explore net asset growth rate of TC Bancshares Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TC Bancshares Inc (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for TC Bancshares Inc from 2019 to 2023, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see TC Bancshares Inc (TCBC) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 80 days $42.96 Million $534.74K/day $- $42.96 Million ▼ -3933 days
2022 4013 days $49.47 Million $12.33K/day $- $43.10 Million ▲ +164 days
2021 3849 days $50.75 Million $13.19K/day $- $45.63 Million ▲ +2606 days
2020 1243 days $21.98 Million $17.68K/day $- $15.92 Million ▼ -578 days
2019 1820 days $27.65 Million $15.19K/day $- $22.11 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)