Ratios	Dec 24	Dec 23	Dec 22	Dec 21
Liquidity Ratios
Current Ratio	―	0.08	0.13	0.05	0.07
Quick Ratio	―	0.08	0.13	0.05	0.07
Cash Ratio	―	0.03	0.13	0.05	0.05
Solvency Ratio	―	0.01	0.01	0.01	0.02
Operating Cash Flow Ratio	―	0.01	0.02	0.02	0.02
Short-Term Operating Cash Flow Coverage	―	1.23	1.40	0.64	5.96
Net Current Asset Value	$ ―	$ -4.32B	$ -3.97B	$ -3.53B	$ -3.14B
Leverage Ratios
Debt-to-Assets Ratio	―	0.01	0.01	0.03	<0.01
Debt-to-Equity Ratio	―	0.11	0.12	0.29	0.03
Debt-to-Capital Ratio	―	0.10	0.11	0.22	0.03
Long-Term Debt-to-Capital Ratio	―	0.00	0.00	0.00	0.00
Financial Leverage Ratio	―	10.61	11.81	11.45	11.86
Debt Service Coverage Ratio	―	0.34	0.43	0.44	2.36
Interest Coverage Ratio	―	0.73	0.92	3.58	5.00
Debt to Market Cap	―	0.11	0.15	0.28	0.02
Interest Debt Per Share	―	13.20	9.71	8.10	1.58
Net Debt to EBITDA	―	-1.01	-5.76	-0.63	-2.16
Profitability Margins
Gross Profit Margin	―	100.00%	100.00%	100.00%	89.13%
EBIT Margin	―	72.11%	70.37%	67.02%	54.30%
EBITDA Margin	―	66.77%	71.33%	71.49%	60.00%
Operating Profit Margin	―	72.11%	70.37%	67.02%	54.30%
Pretax Profit Margin	―	72.11%	70.37%	67.02%	54.30%
Net Profit Margin	―	51.06%	49.80%	47.75%	38.37%
Continuous Operations Profit Margin	―	51.06%	49.80%	47.75%	38.37%
Net Income Per EBT	―	70.81%	70.77%	71.25%	70.67%
EBT Per EBIT	―	100.00%	100.00%	100.00%	100.00%
Return on Assets (ROA)	―	1.43%	1.22%	1.18%	1.22%
Return on Equity (ROE)	―	15.14%	14.44%	13.55%	14.42%
Return on Capital Employed (ROCE)	―	12.69%	12.19%	6.65%	9.78%
Return on Invested Capital (ROIC)	―	8.46%	8.09%	4.26%	6.77%
Return on Tangible Assets	―	1.43%	1.22%	12.98%	15.88%
Earnings Yield	―	16.10%	17.97%	13.43%	11.08%
Efficiency Ratios
Receivables Turnover	―	6.75	7.27	8.30	12.73
Payables Turnover	―	0.00	0.00	0.00	27.93
Inventory Turnover	―	0.00	0.00	0.00	0.00
Fixed Asset Turnover	―	11.80	9.64	7.51	7.82
Asset Turnover	―	0.03	0.02	0.02	0.03
Working Capital Turnover Ratio	―	-0.04	-0.04	-0.04	-0.04
Cash Conversion Cycle	―	54.08	50.22	43.96	15.60
Days of Sales Outstanding	―	54.08	50.22	43.96	28.67
Days of Inventory Outstanding	―	0.00	0.00	0.00	0.00
Days of Payables Outstanding	―	0.00	0.00	0.00	13.07
Operating Cycle	―	54.08	50.22	43.96	28.67
Cash Flow Ratios
Operating Cash Flow Per Share	―	4.21	4.71	4.35	3.65
Free Cash Flow Per Share	―	4.16	4.69	4.27	3.62
CapEx Per Share	―	0.05	0.02	0.08	0.03
Free Cash Flow to Operating Cash Flow	―	0.99	1.00	0.98	0.99
Dividend Paid and CapEx Coverage Ratio	―	21.73	29.43	20.76	22.99
Capital Expenditure Coverage Ratio	―	92.28	237.25	56.27	111.00
Operating Cash Flow Coverage Ratio	―	1.20	1.36	0.64	5.03
Operating Cash Flow to Sales Ratio	―	0.43	0.58	0.64	0.47
Free Cash Flow Yield	―	13.43%	20.83%	17.78%	13.32%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	6.21	5.56	7.45	9.03
Price-to-Sales (P/S) Ratio	―	3.17	2.77	3.56	3.46
Price-to-Book (P/B) Ratio	―	0.94	0.80	1.01	1.30
Price-to-Free Cash Flow (P/FCF) Ratio	―	7.45	4.80	5.62	7.51
Price-to-Operating Cash Flow Ratio	―	7.36	4.78	5.52	7.44
Price-to-Earnings Growth (PEG) Ratio	―	0.27	0.22	1.08	0.23
Price-to-Fair Value	―	0.94	0.80	1.01	1.30
Enterprise Value Multiple	―	3.74	-1.87	4.35	3.61
Enterprise Value	―	359.07M	-161.70M	311.10M	251.14M
EV to EBITDA	―	3.74	-1.87	4.35	3.61
EV to Sales	―	2.50	-1.33	3.11	2.17
EV to Free Cash Flow	―	5.86	-2.31	4.91	4.70
EV to Operating Cash Flow	―	5.80	-2.30	4.82	4.66
Tangible Book Value Per Share	―	32.95	28.04	22.98	20.27
Shareholders’ Equity Per Share	―	32.95	28.04	23.79	20.89
Tax and Other Ratios
Effective Tax Rate	―	0.29	0.29	0.29	0.29
Revenue Per Share	―	9.77	8.13	6.75	7.85
Net Income Per Share	―	4.99	4.05	3.22	3.01
Tax Burden	―	0.71	0.71	0.71	0.71
Interest Burden	―	1.00	1.00	1.00	1.00
Research & Development to Revenue	―	0.00	0.00	0.00	0.00
SG&A to Revenue	―	0.02	0.03	0.03	0.03
Stock-Based Compensation to Revenue	―	0.01	0.01	0.02	0.02
Income Quality	―	0.84	1.16	1.35	1.21

River City Bank (RCBC) Ratios

River City Bank Ratios