Texas Return On Tangible Assets from 2010 to 2024

TXRH Stock  USD 202.12  7.22  3.70%   
Texas Roadhouse's Return On Tangible Assets are increasing with very volatile movements from year to year. Return On Tangible Assets are estimated to finish at 0.11 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.09391343
Current Value
0.11
Quarterly Volatility
0.00995602
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Roadhouse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Roadhouse's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.9 M, Interest Expense of 475 K or Total Revenue of 4.9 B, as well as many indicators such as Price To Sales Ratio of 2.24, Dividend Yield of 0.0271 or PTB Ratio of 4.12. Texas financial statements analysis is a perfect complement when working with Texas Roadhouse Valuation or Volatility modules.
  
Check out the analysis of Texas Roadhouse Correlation against competitors.
For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.

Latest Texas Roadhouse's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Texas Roadhouse over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Texas Roadhouse's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Texas Roadhouse's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Texas Return On Tangible Assets Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.11
Coefficient Of Variation9.02
Mean Deviation0.01
Median0.12
Standard Deviation0.01
Sample Variance0.000099
Range0.0275
R-Value0.07
Mean Square Error0.0001
R-Squared0
Significance0.82
Slope0.0001
Total Sum of Squares0

Texas Return On Tangible Assets History

2019 0.0939
2012 0.12
2011 0.11
2010 0.0902

About Texas Roadhouse Financial Statements

Investors use fundamental indicators, such as Texas Roadhouse's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Texas Roadhouse's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.11 

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 the analysis of Texas Roadhouse Correlation against competitors.
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Hotels, Restaurants & Leisure space 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
0.326
Dividend Share
2.38
Earnings Share
5.83
Revenue Per Share
76.363
Quarterly Revenue Growth
0.135
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.