Carter Bankshares, Inc. Financial Ratios — CARE Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	17.73	8.68	7.1	8.66	9.5	3.71	-0.16	2.74	5.84	-10.04	7.45	13.61	6.88	6.67	7.8
Return on Assets (%)	1.52	0.72	0.57	0.72	0.82	0.34	-0.02	0.29	0.66	-1.12	0.76	1.2	0.54	0.53	0.66
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	9.88	9.69	10.28	9.51	4.88	3.28	2.94	3.07	4.39	4.8	4.66	3.82	4.54	5.33	5.27
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	35.46	36.83	33.35	38.04	42.3	17.57	-16.99	11.95	22.85	-35.24	26.71	38.84	20.86	23.31	26.84
Profit Margin (%)	27.88	27.18	24.73	29.41	33.53	15.93	-0.64	9.94	21.85	-35.84	23.63	31.54	16.98	18.52	21.04
Net Income to Common Margin (%)	27.88	27.18	24.73	29.41	33.53	15.93	-0.64	9.94	21.85	-35.84	23.63	31.54	16.98	18.52	21.04
Effective Tax Rate (%)	21.38	26.2	25.83	22.7	20.73	9.33	- -	16.79	4.35	- -	11.51	18.79	18.58	20.56	21.6
Dvd Payout Ratio (%)	34.9	34.61	40.28	31.39	26.82	49.3	- -	- -	- -	-8.04	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	11.54	5.68	4.24	5.94	6.95	1.88	-0.16	2.74	5.84	-10.85	7.45	13.61	6.88	6.67	7.8

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	10	35	7	181	393	70	178
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	10	35	7	181	393	70	178
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	1.87	5.7	1.12	29.78	62.96	9.92	22.71
Net Debt/EBITDA	-60.1	-47.06	-44.15	-22.41	-107.54	-211.5	-85.27	-79.8	-21.71	-33.69	-43.47	22.05	54.24	-8.67	9.33
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.55	8.09	8.04	8.59	8.72	9.65	10.51	10.8	11.81	10.53	9.86	7.82	7.78	8.25	8.65
Long-Term Debt/Equity (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.11	7.95	1.72	54.94	112	18.21	42.53
Long-Term Debt/Capital (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.07	7.37	1.69	35.46	52.83	15.41	29.84
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.25	0.84	0.17	4.29	8.72	1.5	3.68
Total Debt/Equity (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.11	7.95	1.72	54.94	112	18.21	42.53
Total Debt/Capital (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.07	7.37	1.69	35.46	52.83	15.41	29.84
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.25	0.84	0.17	4.29	8.72	1.5	3.68
Net Debt to Equity	-188.7	-141.6	-127.66	-60.92	-143.75	-159.85	-62.16	-67.36	-24.48	-47.01	-66.44	40.68	96.48	-15.92	17.47
Net Debt/Capital (%)	212.73	340.38	461.59	-155.88	328.55	267.09	-164.28	-206.35	-32.41	-88.73	-197.96	28.92	49.1	-18.93	14.87
EBITDA	11	11	11	11	6	3	3	4	5	6	6	6	6	7	8
EBITDA-CapEx	10	11	10	10	5	2	- -	-11	-3	-4	-2	- -	-4	-1	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.55	8.09	8.04	8.59	8.72	9.65	10.51	10.8	11.81	10.53	9.86	7.82	7.78	8.25	8.65
Long-Term Debt/Equity (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.11	7.95	1.72	54.94	112	18.21	42.53
Long-Term Debt/Capital (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.07	7.37	1.69	35.46	52.83	15.41	29.84
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.25	0.84	0.17	4.29	8.72	1.5	3.68
Total Debt/Equity (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.11	7.95	1.72	54.94	112	18.21	42.53
Total Debt/Capital (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.07	7.37	1.69	35.46	52.83	15.41	29.84
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.25	0.84	0.17	4.29	8.72	1.5	3.68
CFO/Total Liabilities	0.99	1.1	0.86	1.04	1.2	0.8	1.2	1.37	1.08	0.21	2.08	1.83	1.12	0.86	0.9
CFO/CapEx	51.5	932.69	29.68	39.97	89.88	38.69	12.5	3.38	4.53	0.76	9.14	12.02	4.77	4.54	4.95
Altman's Z-Score	0.17	0.16	0.17	0.18	0.19	0.16	0.19	0.19	0.24	0.16	0.18	0.19	0.18	0.19	0.19

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover

- -

Days Sales Outstanding

- -

Inventory Turnover

- -

Days Inventory Outstanding

- -

Accounts Payable Turnover

- -

Accounts Payable Turnover Days

- -

Cash Conversion Cycle

- -

Inventory to Cash Days

- -

Inventories

- -

Raw Materials

- -

Work In Process

- -

Finished Goods

- -

Other Inventory

- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	200	206	264	314	344	346	458	391	625	283	407	397	344	406	434
- Cash & Cash Equivalents	641	509	479	242	613	695	269	294	126	242	278	47	55	131	105
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	10	35	7	181	393	70	178
Enterprise Value	-441	-302	-214	71	-269	-509	-758	-685	-234	-703	-786	-305	-37	-374	124
Total Capital	340	359	375	398	427	435	432	436	483	475	415	509	745	454	598
Total Debt/Capital (%)	0.01	- -	- -	- -	- -	- -	- -	- -	2.07	7.37	1.69	35.46	52.83	15.41	29.84
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	-0.04	-0.05	-0.01	-0.59	-10.6	-0.19	1.44
EV/Sales	- -	- -	- -	0.62	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.83
EV/EBITDA	- -	- -	- -	6.57	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.78
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	1.62	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.11
EV/Free Cash Flow to Firm	- -	- -	- -	1.58	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.59
Diluted Market Cap	200	206	264	314	344	346	458	391	625	283	407	408	348	409	441
Diluted Enterprise Value	-441	-302	-214	71	-269	-348	189	97	509	76	136	542	687	348	515
EV per Share	- -	- -	- -	2.71	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.61
TTM Sales	108	112	105	114	117	100	107	120	122	128	134	159	138	132	149
TTM EBITDA	11	11	11	11	6	3	3	4	5	6	6	6	6	7	8
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	36	45	37	44	54	33	44	49	38	8	78	71	47	37	40
TTM Free Cash Flow to Firm	37	45	38	45	54	34	48	64	47	18	86	77	57	45	48

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	5.44	4.61	6.93	6.97	6.34	10.34	9.57	6.11	13.37	15.87	4.73	5.32	6.15	9.07	9.21
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-441	-302	-214	71	-269	-509	-758	-685	-234	-703	-786	-305	-37	-374	124
Low Price	7.15	7.75	7.84	10	11.56	11.62	12.9	14.35	14.74	6.3	9.75	12.58	10.43	10.95	13.61
EV/Sales	- -	- -	- -	0.62	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.83
EV/EBITDA	- -	- -	- -	6.57	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.78
Price/Earnings	6.65	6.8	10.14	9.37	8.78	21.68	- -	32.85	23.5	- -	12.88	8.14	14.88	16.67	14.08
Price/Earnings Average	7.57	7.17	9.54	8.48	8.21	21.23	-620.82	38.65	18.96	-5.83	11.2	7.92	14.21	14.47	12.59
Price/Earnings High	8.51	8	11.83	9.37	8.78	23.04	-697.73	44.02	24.02	-13.63	13.72	9.24	17.6	19.33	14.77
Price/Earnings Low	6.24	6.71	7.89	7.85	7.75	19.09	-497.31	31.65	14.61	-3.62	8.16	6.17	10.37	10.38	9.75
Price/Book Value	0.59	0.57	0.71	0.79	0.81	0.8	1.06	0.9	1.32	0.64	1	1.21	0.98	1.06	1.03
Price/Book Value Average	0.67	0.61	0.66	0.71	0.75	0.78	0.98	1.06	1.07	0.61	0.87	1.18	0.93	0.92	0.93
Price/Book Value High	0.75	0.68	0.82	0.79	0.81	0.85	1.1	1.2	1.35	1.42	1.06	1.37	1.16	1.22	1.09
Price/Book Value Low	0.55	0.57	0.55	0.66	0.71	0.7	0.78	0.86	0.82	0.38	0.63	0.92	0.68	0.66	0.72
Price/Tangible Book Value	0.79	0.73	0.87	0.93	0.94	0.92	1.23	1.05	1.52	0.64	1	1.21	0.98	1.06	1.04
Price/Tangible Book Value Average	0.89	0.77	0.82	0.85	0.88	0.9	1.14	1.23	1.23	0.61	0.87	1.18	0.93	0.92	0.93
Price/Tangible Book Value High	1	0.86	1.01	0.93	0.94	0.98	1.28	1.4	1.55	1.42	1.06	1.37	1.16	1.22	1.09
Price/Tangible Book Value Low	0.74	0.72	0.67	0.78	0.83	0.81	0.91	1.01	0.94	0.38	0.63	0.92	0.68	0.66	0.72
Price/Sales	1.85	1.85	2.51	2.76	2.95	3.46	4.27	3.27	5.13	2.21	3.04	2.57	2.53	3.09	2.96
Price/Sales Average	2.11	1.95	2.36	2.49	2.75	3.38	3.94	3.84	4.14	2.09	2.65	2.5	2.41	2.68	2.65
Price/Sales High	2.37	2.18	2.93	2.76	2.95	3.67	4.43	4.38	5.25	4.89	3.24	2.92	2.99	3.58	3.11
Price/Sales Low	1.74	1.82	1.95	2.31	2.6	3.04	3.16	3.15	3.19	1.3	1.93	1.95	1.76	1.92	2.05
Price/Cash Flow	5.54	4.61	7.16	7.15	6.41	10.61	10.34	7.92	16.31	36.71	5.25	5.76	7.45	11.07	11.08
Price/Cash Flow Average	6.31	4.86	6.74	6.47	5.99	10.39	9.55	9.31	13.16	34.72	4.56	5.61	7.11	9.61	9.91
Price/Cash Flow High	7.09	5.43	8.36	7.15	6.41	11.27	10.73	10.61	16.67	81.15	5.59	6.54	8.81	12.84	11.62
Price/Cash Flow Low	5.2	4.55	5.57	5.99	5.66	9.34	7.65	7.63	10.14	21.57	3.32	4.37	5.19	6.89	7.67
Price/Free Cash Flow Average	6.19	4.86	6.52	6.31	5.93	10.12	8.84	7.19	10.79	15.01	4.11	5.18	5.88	7.87	8.24
Price/Free Cash Flow High	6.96	5.42	8.09	6.97	6.34	10.99	9.94	8.19	13.67	35.08	5.04	6.04	7.28	10.52	9.67
Price/Free Cash Flow Low	5.1	4.54	5.39	5.84	5.6	9.11	7.08	5.89	8.31	9.32	3	4.03	4.29	5.65	6.38
EV/Sales Average	- -	- -	- -	0.36	- -	- -	1.44	1.39	3.19	0.47	0.62	3.28	4.84	2.2	3.1
EV/Sales High	- -	- -	- -	0.62	- -	- -	1.93	1.92	4.3	3.27	1.22	3.68	5.41	3.09	3.55
EV/Sales Low	- -	- -	- -	0.18	- -	- -	0.65	0.69	2.24	- -	- -	2.74	4.2	1.45	2.51
EV/EBITDA Average	-38.72	-26.93	-21.2	3.81	-51.14	-108.25	48.94	45.22	72.78	9.86	13.35	85.84	106.77	41.25	58.74
EV/EBITDA High	-36.09	-24.6	-15.69	6.57	-47.21	-99.44	65.57	62.59	97.99	68.12	26.11	96.47	119.29	58.04	67.3
EV/EBITDA Low	-42.49	-28.24	-25.17	1.86	-54.29	-118.64	22.24	22.57	51.07	-6.63	-2.1	71.75	92.56	27.13	47.57
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	7.62	7.86	10.07	11.94	13.1	13.2	17.43	14.89	23.72	10.72	15.39	16.59	14.97	17.59	19.66
High Price	9.75	9.25	11.75	11.94	13.1	14.02	18.1	19.96	24.25	23.7	16.4	18.84	17.7	20.4	20.63
Enterprise Value Average	-413	-291	-230	41	-292	-356	154	166	388	61	83	520	667	291	462
Enterprise Value High	-385	-266	-170	71	-269	-327	207	230	523	418	163	585	745	409	529
Enterprise Value Low	-453	-305	-273	20	-310	-390	70	83	272	-41	-13	435	578	191	374

Shares Outstanding	26	26	26	26	26	26	26	26	26	26	26	24	23	23	22
Diluted Weighted Avg Shares	26	26	26	26	26	26	26	26	26	26	26	25	23	23	22
Basic Weighted Avg Shares	26	26	26	26	26	26	26	26	26	26	26	25	23	23	22
Revenue per Share	4.11	4.25	4.02	4.33	4.45	3.82	4.08	4.56	4.62	4.85	5.06	6.46	5.93	5.7	6.64
EBITDA per Share	0.41	0.41	0.41	0.41	0.22	0.13	0.12	0.14	0.2	0.23	0.24	0.25	0.27	0.3	0.35
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	1.15	1.16	0.99	1.27	1.49	0.61	-0.03	0.45	1.01	-1.74	1.2	2.04	1.01	1.06	1.4
Basic EPS from Cont Ops	1.15	1.16	0.99	1.27	1.49	0.61	-0.03	0.45	1.01	-1.74	1.2	2.04	1.01	1.06	1.4
Diluted EPS, GAAP	1.15	1.16	0.99	1.27	1.49	0.61	-0.03	0.45	1.01	-1.74	1.2	2.04	1.01	1.06	1.4
Diluted EPS from Cont Ops	1.15	1.16	0.99	1.27	1.49	0.61	-0.03	0.45	1.01	-1.74	1.2	2.04	1.01	1.06	1.4
Dividend per Share	0.4	0.4	0.4	0.4	0.4	0.3	- -	- -	- -	0.14	- -	- -	- -	- -	- -
Cash Flow per Share	1.37	1.7	1.41	1.67	2.04	1.24	1.69	1.88	1.45	0.29	2.93	2.88	2.01	1.59	1.78
Free Cash Flow per Basic Share	1.35	1.7	1.36	1.63	2.02	1.21	1.55	1.32	1.13	-0.09	2.61	2.64	1.59	1.24	1.42
Cash & Equivalents per Share	24.4	19.38	18.23	9.23	23.35	32.59	46.3	40.98	32.98	38.68	45.41	36.86	33.72	36.83	22.13
Book Value per Share	12.93	13.69	14.28	15.15	16.24	16.55	16.46	16.6	17.97	16.68	15.42	13.72	15.3	16.66	19.01
Tangible Book Value per Share	9.71	10.75	11.62	12.78	13.97	14.28	14.18	14.24	15.6	16.68	15.42	13.72	15.3	16.66	18.91

Carter Bankshares, Inc.