Catalyst Bancorp Inc

NASDAQ CLST

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Catalyst Bancorp Inc Cash Interest Coverage Ratio 2 year CAGR for the quarter ending March 31, 2024: -59.73%

Catalyst Bancorp Inc Cash Interest Coverage Ratio 2 year CAGR is -59.73% for the quarter ending March 31, 2024, a -109.35% change year over year. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Catalyst Bancorp Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2023 was -1.71, a -121.90% change year over year.
  • Catalyst Bancorp Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2022 was -0.77, a -156.77% change year over year.
  • Catalyst Bancorp Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2021 was 1.35, a -15.03% change year over year.
  • Catalyst Bancorp Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2020 was 1.59.
NASDAQ: CLST

Catalyst Bancorp Inc

CEO Mr. Joseph B. Zanco CPA, CIA
IPO Date Oct. 13, 2021
Location United States
Headquarters 235 North Court Street, Opelousas, LA, United States, 70570
Employees 47
Sector Financial Services
Industry Banks - regional
Description

Catalyst Bancorp, Inc. operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit. It also offers single family residential first mortgage loans, commercial real estate mortgage loans, multi-family residential mortgage loans, commercial and industrial loans, construction and land loans, consumer loans, and other loans. In addition, the company invests in various types of securities comprising mortgage-backed securities, the U.S. treasury obligations, securities of various federal agencies and of state and municipal governments, certificates of deposit at federally insured banks and savings institutions, and federal funds. Catalyst Bancorp, Inc. was founded in 1922 and is headquartered in Opelousas, Louisiana.

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StockViz Staff

September 19, 2024

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