Texas Accounts Payable vs Short Term Investments Analysis
TCBI Stock | USD 61.21 1.15 1.84% |
Texas Capital financial indicator trend analysis is much more than just breaking down Texas Capital Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Capital Bancshares is a good investment. Please check the relationship between Texas Capital Accounts Payable and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Capital Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Accounts Payable vs Short Term Investments
Accounts Payable vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Capital Bancshares Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Texas Capital's Accounts Payable and Short Term Investments is -0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Texas Capital Bancshares, assuming nothing else is changed. The correlation between historical values of Texas Capital's Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Texas Capital Bancshares are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Texas Capital's Accounts Payable and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Texas Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Texas Capital Bancshares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Term Investments
Short Term Investments is an item under the current assets section of Texas Capital balance sheet. It contains any investments Texas Capital Bancshares undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Texas Capital Bancshares can easily liquidate in the marketplace.Most indicators from Texas Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texas Capital Bancshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Capital Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of now, Texas Capital's Selling General Administrative is increasing as compared to previous years. The Texas Capital's current Enterprise Value Over EBITDA is estimated to increase to 11.48, while Tax Provision is projected to decrease to under 95.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 107.7M | 268.5M | 715.8M | 751.6M | Depreciation And Amortization | 93.4M | 45.3M | 40.5M | 21.4M |
Texas Capital fundamental ratios Correlations
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Texas Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Texas Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.5B | 37.7B | 34.7B | 28.4B | 28.4B | 14.9B | |
Short Long Term Debt Total | 2.8B | 3.4B | 3.1B | 2.1B | 2.4B | 1.5B | |
Total Current Liabilities | 12.8M | 11.2M | 7.7M | 1.8B | 1.5B | 1.6B | |
Total Stockholder Equity | 2.8B | 2.9B | 3.2B | 3.1B | 3.2B | 3.4B | |
Property Plant And Equipment Net | 31.2M | 24.5M | 20.9M | 26.4M | 32.4M | 18.8M | |
Net Debt | (1.6B) | (5.8B) | (4.8B) | (2.9B) | (883.7M) | (839.5M) | |
Retained Earnings | 1.7B | 1.7B | 1.9B | 2.3B | 2.4B | 2.6B | |
Cash | 4.4B | 9.2B | 7.9B | 5.0B | 3.2B | 1.9B | |
Non Current Assets Total | 354.1M | 3.3B | 3.6B | 3.6B | 33.9M | 32.2M | |
Non Currrent Assets Other | (88.4M) | (102.5M) | (106.1M) | (227.6M) | (4.4B) | (4.2B) | |
Other Assets | 26.8B | 21.3B | 19.0B | 15.3B | 24.9B | 12.7B | |
Cash And Short Term Investments | 4.6B | 12.4B | 11.5B | 9.5B | 3.4B | 2.4B | |
Good Will | 18.1M | 17.7M | 17.3M | 1.5M | 1.7M | 1.6M | |
Common Stock Total Equity | 503K | 504K | 506K | 509K | 585.4K | 385.5K | |
Common Stock Shares Outstanding | 50.4M | 50.6M | 51.1M | 51.0M | 48.6M | 39.3M | |
Liabilities And Stockholders Equity | 32.5B | 37.7B | 34.7B | 28.4B | 28.4B | 14.9B | |
Other Stockholder Equity | 978.2M | 991.9M | 1.0B | 910.3M | 825.2M | 551.2M | |
Total Liab | 29.7B | 34.9B | 31.5B | 25.4B | 25.2B | 13.6B | |
Property Plant And Equipment Gross | 31.2M | 24.5M | 76.5M | 89.5M | 102.9M | 108.1M | |
Total Current Assets | 5.4B | 13.1B | 12.1B | 9.5B | 3.4B | 3.3B | |
Accumulated Other Comprehensive Income | 9.0M | 15.8M | (47.7M) | (418.9M) | (362.0M) | (343.9M) | |
Short Term Debt | 2.5B | 3.1B | 2.2B | 1.2B | 1.5B | 1.3B | |
Common Stock | 503K | 504K | 506K | 509K | 511K | 392.6K | |
Other Liab | 167.3M | 339.5M | 273.5M | 147.4M | 169.5M | 102.5M | |
Accounts Payable | 12.8M | 11.2M | 7.7M | 24M | 33.2M | 61.8M | |
Long Term Debt | 2.8B | 3.4B | 3.1B | 931.4M | 859.1M | 1.3B | |
Short Term Investments | 239.9M | 3.2B | 3.6B | 2.6B | 3.2B | 3.4B | |
Non Current Liabilities Total | 2.8B | 3.4B | 3.1B | 13.9B | 23.7B | 24.8B | |
Other Current Assets | 4.5B | 9.3B | 8.0B | 5.1B | 3.4B | 3.2B | |
Intangible Assets | 64.9M | 105.4M | 2.2M | 1.5M | 1.7M | 1.6M | |
Property Plant Equipment | 111.2M | 24.5M | 20.9M | 26.4M | 30.3M | 22.5M | |
Other Current Liab | (12.8M) | (11.2M) | (7.7M) | 604.6M | (33.2M) | (31.6M) | |
Inventory | (4.5B) | (9.3B) | (8.0B) | (5.8B) | (4.2B) | (4.0B) | |
Net Receivables | 740.1M | 715.7M | 559.9M | 719.2M | 801.7M | 841.8M | |
Net Tangible Assets | 2.6B | 2.7B | 2.9B | 2.8B | 3.2B | 2.3B | |
Long Term Debt Total | 395.5M | 3.4B | 3.1B | 2.1B | 2.5B | 2.7B | |
Capital Surpluse | 978.2M | 991.9M | 1.0B | 1.0B | 1.2B | 964.0M |
Currently Active Assets on Macroaxis
When determining whether Texas Capital Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Texas Capital Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Capital Bancshares Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Capital Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Texas Capital Bancshares information on this page should be used as a complementary analysis to other Texas Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Texas Capital's price analysis, check to measure Texas Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Texas Capital is operating at the current time. Most of Texas Capital's value examination focuses on studying past and present price action to predict the probability of Texas Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Capital's price. Additionally, you may evaluate how the addition of Texas Capital to your portfolios can decrease your overall portfolio volatility.
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Is Texas Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Capital. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share 3.3 | Revenue Per Share 20.836 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0061 |
The market value of Texas Capital Bancshares is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Capital's value that differs from its market value or its book value, called intrinsic value, which is Texas Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Capital's market value can be influenced by many factors that don't directly affect Texas Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.