Textainer Group Holdings Stock Current Ratio
Textainer Group Holdings fundamentals help investors to digest information that contributes to Textainer Group's financial success or failures. It also enables traders to predict the movement of Textainer Stock. The fundamental analysis module provides a way to measure Textainer Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Textainer Group stock.
Textainer |
Textainer Group Holdings Company Current Ratio Analysis
Textainer Group's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Textainer Group Current Ratio | 0.94 X |
Most of Textainer Group's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Textainer Group Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, Textainer Group Holdings has a Current Ratio of 0.94 times. This is 54.37% lower than that of the Trading Companies & Distributors sector and 73.74% lower than that of the Industrials industry. The current ratio for all United States stocks is 56.48% higher than that of the company.
Textainer Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Textainer Group's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Textainer Group could also be used in its relative valuation, which is a method of valuing Textainer Group by comparing valuation metrics of similar companies.Textainer Group is currently under evaluation in current ratio category among its peers.
Textainer Fundamentals
Return On Equity | 0.1 | |||
Return On Asset | 0.0316 | |||
Profit Margin | 0.25 % | |||
Operating Margin | 0.41 % | |||
Current Valuation | 7.23 B | |||
Shares Outstanding | 41.38 M | |||
Shares Owned By Insiders | 2.21 % | |||
Shares Owned By Institutions | 83.21 % | |||
Number Of Shares Shorted | 1.88 M | |||
Price To Earning | 22.29 X | |||
Price To Book | 1.23 X | |||
Price To Sales | 2.53 X | |||
Revenue | 789.86 M | |||
Gross Profit | 815.5 M | |||
EBITDA | 628.73 M | |||
Net Income | 204.67 M | |||
Cash And Equivalents | 164.82 M | |||
Cash Per Share | 4.73 X | |||
Total Debt | 4.99 B | |||
Debt To Equity | 2.98 % | |||
Current Ratio | 0.94 X | |||
Book Value Per Share | 40.66 X | |||
Cash Flow From Operations | 629.49 M | |||
Short Ratio | 2.17 X | |||
Earnings Per Share | 4.33 X | |||
Price To Earnings To Growth | 11.40 X | |||
Target Price | 50.0 | |||
Number Of Employees | 26 | |||
Beta | 1.02 | |||
Market Capitalization | 2.07 B | |||
Total Asset | 7.08 B | |||
Retained Earnings | 1.58 B | |||
Working Capital | 91.65 M | |||
Current Asset | 368.43 M | |||
Current Liabilities | 162.34 M | |||
Z Score | 0.98 | |||
Annual Yield | 0.02 % | |||
Five Year Return | 4.97 % | |||
Net Asset | 7.08 B | |||
Last Dividend Paid | 1.2 |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Textainer Stock
If you are still planning to invest in Textainer Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Textainer Group's history and understand the potential risks before investing.
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