Third Coast Bancshares (Third Coast Bancshares) Debt-to-Asset : 0.03 (As of Mar. 2024)

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What is Third Coast Bancshares Debt-to-Asset?

Third Coast Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $43.9 Mil. Third Coast Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $102.3 Mil. Third Coast Bancshares's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $4,660.4 Mil. Third Coast Bancshares's debt to asset for the quarter that ended in Mar. 2024 was 0.03.

Third Coast Bancshares Debt-to-Asset Historical Data

The historical data trend for Third Coast Bancshares's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Third Coast Bancshares Debt-to-Asset Chart

Third Coast Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.03

0.02

0.03

Third Coast Bancshares Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial												0.03	0.03	0.03	0.03	0.03

Competitive Comparison of Third Coast Bancshares's Debt-to-Asset

For the Banks - Regional subindustry, Third Coast Bancshares's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Third Coast Bancshares's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Third Coast Bancshares's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Third Coast Bancshares's Debt-to-Asset falls into.

Third Coast Bancshares Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Third Coast Bancshares's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(38.875	+	102.833)	/	4396.074
	=	0.03

Third Coast Bancshares's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(43.875	+	102.252)	/	4660.403
	=	0.03

Third Coast Bancshares (NAS:TCBX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Third Coast Bancshares Debt-to-Asset Related Terms

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Third Coast Bancshares (Third Coast Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Third Coast Bancshares Inc (NAS:TCBX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

20202 Highway 59 North, Suite 190, Humble, TX, USA, 77338

Website

https://www.tcbssb.com

Third Coast Bancshares Inc is a bank holding company. It focuses on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The bank operates eleven branches in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, and one branch in Detroit, Texas.

Executives

William Bobbora	officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
David R Phelps	director	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Vicki Alexander	officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Richard J Mcwhorter	officer: Chief Financial Officer
Dennis Bonnen	director	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Audrey Duncan	officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Michael Deckert	officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Christopher Seay Peacock	officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Tony Scavuzzo	director	102 E. FRONT ST., MONROE MI 48161
Martin Basaldua	director	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Carolyn Bailey	director	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Bart Caraway	director, officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Joseph Stunja	director	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Shelton Mcdonald	director	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Donald C Legato	officer: See Remarks	20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338