Texas Total Assets vs Total Liab Analysis

TXRH Stock  USD 168.47  0.58  0.35%   
Texas Roadhouse financial indicator trend analysis is much more than just breaking down Texas Roadhouse prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Roadhouse is a good investment. Please check the relationship between Texas Roadhouse Total Assets and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Roadhouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Roadhouse Total Assets account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Texas Roadhouse's Total Assets and Total Liab is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Texas Roadhouse, assuming nothing else is changed. The correlation between historical values of Texas Roadhouse's Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Texas Roadhouse are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Texas Roadhouse's Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Texas Roadhouse assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Texas Roadhouse books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Texas Roadhouse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texas Roadhouse 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 Roadhouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.The Texas Roadhouse's current Sales General And Administrative To Revenue is estimated to increase to 0.06, while Selling General Administrative is projected to decrease to under 107.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit606.5M653.6M580.5M331.5M
Total Revenue3.5B4.0B4.6B4.9B

Texas Roadhouse fundamental ratios Correlations

0.920.740.880.38-0.640.96-0.540.980.980.990.91.00.980.960.530.991.00.330.530.970.650.970.540.870.72
0.920.580.960.57-0.410.98-0.70.960.860.890.70.930.880.820.550.910.910.560.550.870.450.860.530.730.71
0.740.580.450.31-0.70.58-0.010.640.770.740.850.730.730.680.650.70.730.230.650.730.880.720.710.480.84
0.880.960.450.39-0.350.97-0.820.940.820.850.610.90.850.820.310.90.870.490.310.830.380.840.360.790.51
0.380.570.310.39-0.030.46-0.180.420.330.330.310.360.310.190.820.310.390.660.820.310.070.230.440.060.7
-0.64-0.41-0.7-0.35-0.03-0.47-0.16-0.52-0.71-0.61-0.7-0.61-0.56-0.64-0.35-0.63-0.59-0.07-0.35-0.54-0.9-0.65-0.39-0.54-0.44
0.960.980.580.970.46-0.47-0.710.990.910.940.760.960.930.910.450.960.960.440.450.920.490.910.420.850.64
-0.54-0.7-0.01-0.82-0.18-0.16-0.71-0.67-0.47-0.56-0.23-0.58-0.59-0.570.04-0.58-0.57-0.190.04-0.570.1-0.58-0.07-0.57-0.16
0.980.960.640.940.42-0.520.99-0.670.950.970.830.990.970.950.480.990.980.370.480.960.540.950.470.870.68
0.980.860.770.820.33-0.710.91-0.470.950.980.910.980.970.970.510.980.980.240.510.960.720.980.550.850.71
0.990.890.740.850.33-0.610.94-0.560.970.980.920.991.00.980.50.990.990.230.50.990.630.980.540.860.71
0.90.70.850.610.31-0.70.76-0.230.830.910.920.890.910.880.590.880.90.160.590.910.710.870.610.750.76
1.00.930.730.90.36-0.610.96-0.580.990.980.990.890.980.960.490.990.990.360.490.970.630.970.540.860.7
0.980.880.730.850.31-0.560.93-0.590.970.971.00.910.980.970.490.980.990.220.490.990.60.980.560.860.71
0.960.820.680.820.19-0.640.91-0.570.950.970.980.880.960.970.360.970.970.090.360.970.640.990.430.910.6
0.530.550.650.310.82-0.350.450.040.480.510.50.590.490.490.360.430.530.451.00.50.410.430.770.10.92
0.990.910.70.90.31-0.630.96-0.580.990.980.990.880.990.980.970.430.990.310.430.970.630.970.470.910.65
1.00.910.730.870.39-0.590.96-0.570.980.980.990.90.990.990.970.530.990.30.530.990.610.970.540.860.73
0.330.560.230.490.66-0.070.44-0.190.370.240.230.160.360.220.090.450.310.30.450.210.080.130.320.140.4
0.530.550.650.310.82-0.350.450.040.480.510.50.590.490.490.361.00.430.530.450.50.410.430.770.10.92
0.970.870.730.830.31-0.540.92-0.570.960.960.990.910.970.990.970.50.970.990.210.50.580.970.580.840.72
0.650.450.880.380.07-0.90.490.10.540.720.630.710.630.60.640.410.630.610.080.410.580.670.460.50.59
0.970.860.720.840.23-0.650.91-0.580.950.980.980.870.970.980.990.430.970.970.130.430.970.670.540.840.66
0.540.530.710.360.44-0.390.42-0.070.470.550.540.610.540.560.430.770.470.540.320.770.580.460.540.080.83
0.870.730.480.790.06-0.540.85-0.570.870.850.860.750.860.860.910.10.910.860.140.10.840.50.840.080.33
0.720.710.840.510.7-0.440.64-0.160.680.710.710.760.70.710.60.920.650.730.40.920.720.590.660.830.33
Click cells to compare fundamentals

Texas Roadhouse Account Relationship Matchups

Texas Roadhouse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.5B2.5B3.1B3.2B
Short Long Term Debt Total538.7M812.2M722.9M753.4M773.7M812.4M
Total Stockholder Equity916.0M927.5M1.1B1.0B1.1B618.0M
Net Debt430.8M449.0M387.2M579.5M669.4M702.9M
Other Assets51.6M596.6M306.9M71.8M82.5M68.0M
Common Stock Shares Outstanding70.9M69.9M70.1M67.9M67.1M61.8M
Liabilities And Stockholders Equity2.0B2.3B2.5B2.5B3.1B3.2B
Non Current Liabilities Total635.2M875.8M836.3M846.0M1.2B1.2B
Other Stockholder Equity140.5M145.6M114.5M13.1M15.1M14.4M
Total Liab1.1B1.4B1.4B1.5B1.9B2.0B
Other Current Liab129.0M156.5M184.3M185.6M212.5M223.1M
Total Current Liabilities417.2M506.3M602.1M652.0M745.4M782.7M
Other Liab94.4M113.6M113.4M115.4M132.7M139.3M
Property Plant And Equipment Net1.6B1.6B1.7B1.9B2.2B2.3B
Current Deferred Revenue209.3M232.8M300.7M335.4M373.9M392.6M
Accounts Payable61.7M67.0M95.2M105.6M131.6M138.2M
Cash107.9M363.2M335.6M173.9M104.2M111.2M
Non Current Assets Total1.7B1.8B1.9B2.1B2.7B2.8B
Non Currrent Assets Other53.3M66.0M79.1M73.9M93.0M97.6M
Cash And Short Term Investments107.9M363.2M335.6M173.9M104.2M111.2M
Net Receivables99.3M98.4M161.4M150.3M175.5M184.2M
Good Will123.2M124.7M127.0M148.7M169.7M113.3M
Inventory20.3M22.4M31.6M38.0M38.3M40.2M
Other Current Assets140.0M147.5M227.9M223.0M38.4M72.5M
Property Plant And Equipment Gross1.6B1.1B1.2B1.3B3.2B3.4B
Total Current Assets247.9M510.7M563.5M396.8M356.5M200.2M
Short Term Debt17.3M50M22.0M25.5M27.4M28.8M
Intangible Assets1.2M2.3M1.5M5.6M12.9M8.1M
Property Plant Equipment1.1B1.1B1.7B1.3B1.5B1.5B
Retained Earnings775.6M781.9M943.6M999.4M1.1B1.2B
Accumulated Other Comprehensive Income(39K)(228K)(225K)(106K)(121.9K)(128.0K)
Net Tangible Assets916.0M927.5M929.6M1.0B1.2B776.5M
Noncontrolling Interest In Consolidated Entity15.2M15.5M15.4M15.0M17.3M11.0M
Retained Earnings Total Equity775.6M781.9M943.6M999.4M1.1B621.6M
Long Term Debt Total2.1M190M100M50M57.5M63.8M
Capital Surpluse140.5M145.6M114.5M13.1M11.8M11.2M

Currently Active Assets on Macroaxis

When determining whether Texas Roadhouse offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Roadhouse'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 Roadhouse Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Roadhouse Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Roadhouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Texas Stock analysis

When running Texas Roadhouse's price analysis, check to measure Texas Roadhouse'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 Roadhouse is operating at the current time. Most of Texas Roadhouse's value examination focuses on studying past and present price action to predict the probability of Texas Roadhouse'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 Roadhouse's price. Additionally, you may evaluate how the addition of Texas Roadhouse to your portfolios can decrease your overall portfolio volatility.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Commodity Directory
Find actively traded commodities issued by global exchanges
Is Texas Roadhouse'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 Roadhouse. 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 Roadhouse 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
0.32
Dividend Share
2.26
Earnings Share
4.95
Revenue Per Share
71.482
Quarterly Revenue Growth
0.125
The market value of Texas Roadhouse 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 Roadhouse's value that differs from its market value or its book value, called intrinsic value, which is Texas Roadhouse'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 Roadhouse's market value can be influenced by many factors that don't directly affect Texas Roadhouse'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 Roadhouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Roadhouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Roadhouse'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.