Third Coast Bancshares
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Third Coast Bancshares's balance sheet done over the years? Its assets were worth $4,396,074,000 last year, which is more than in the previous period. 91% of Third Coast Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $3,984,100,000, which means an increase by 17% compared compared to last year.
Debt to Assets
| 2019 | 928336640 | 871.03M | 93.83% |
|---|---|---|---|
| 2020 | 1867293262 | 1.74B | 93.48% |
| 2021 | 2499412000 | 1.43M | 0.06% |
| 2022 | 3773148000 | 3.39B | 89.88% |
| 2023 | 4396074000 | 3.98B | 90.63% |
TCBX Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 296.92M | 329.86M | 326.86M | 201.39M | 95.84M |
Short term investments | 178.08M | 176.06M | 26.43M | 25.59M | 536.32K |
Net receivables | 23.12M | 18.34M | 10.22M | 13.67M | 3.25M |
Inventory | 0 | -350.35M | -339.06M | -220.73M | -101.21M |
Other current assets | 0 | 350.35M | 339.06M | 220.73M | 101.21M |
Total current assets | 434.96M | 194.40M | 363.52M | 240.67M | 99.63M |
Non-current assets: | |||||
Property, Plant and Equipment | 49.99M | 46.53M | 19.04M | 15.15M | 7.70M |
Goodwill | 18.03M | 18.03M | 18.03M | 18.03M | 0 |
Intangible assets | 969K | 1.13M | 1.29M | 1.45M | 0 |
Long term investments | 178.08M | 176.06M | 26.43M | 25.59M | 536.32K |
Other non-current assets | 3.87B | -118.56M | -4.12M | -5.34M | -8.24M |
Total non-current assets | 4.11B | 129.50M | 64.80M | 60.23M | 8.24M |
Total assets | 4.39B | 3.77B | 2.49B | 1.86B | 928.33M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | -39.65M | 0 |
Short term debt | 0 | 30.87M | 1M | 40.87M | 0 |
Total current liabilities | 0 | 33.42M | 1.43M | 1.21M | 1.74M |
| Non-current liabilities: | |||||
Long term debt | 141.70M | 98.55M | 50M | 33.87M | 30.37M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3.84B | 89.98M | 8.20M | -33.87M | -30.37M |
Total non-current liabilities | 3.98B | 188.54M | 371.12M | 33.87M | 30.37M |
Total liabilities | 3.98B | 3.39B | 1.43M | 1.74B | 871.03M |
| Data source | Data source | Data source |