Texas Income Tax Expense vs Gross Profit Analysis
TCBI Stock | USD 57.81 0.80 1.36% |
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 Income Tax Expense and its Gross Profit 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.
Income Tax Expense vs Gross Profit
Income Tax Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Capital Bancshares Income Tax Expense account and Gross Profit. At this time, the significance of the direction appears to have very week relationship.
The correlation between Texas Capital's Income Tax Expense and Gross Profit is 0.22. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Gross Profit 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 Income Tax Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Texas Capital Bancshares are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Tax Expense i.e., Texas Capital's Income Tax Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Tax Expense
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Texas Capital Bancshares minus its cost of goods sold. It is profit before Texas Capital operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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
Click cells to compare fundamentals
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 |
Texas Capital Investors Sentiment
The influence of Texas Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Texas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Texas Capital's public news can be used to forecast risks associated with an investment in Texas. The trend in average sentiment can be used to explain how an investor holding Texas can time the market purely based on public headlines and social activities around Texas Capital Bancshares. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Texas Capital's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Texas Capital's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Texas Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Texas Capital.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Texas Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Texas Capital's short interest history, or implied volatility extrapolated from Texas Capital options trading.
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Texas Stock analysis
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.
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
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.