Texas Other Operating Expenses vs Gross Profit Analysis
TXRH Stock | USD 194.90 2.34 1.22% |
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 Other Operating Expenses and its Gross Profit 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 closely tied 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.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Roadhouse Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Texas Roadhouse's Other Operating Expenses and Gross Profit is 0.75. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit 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 Other Operating Expenses 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 Other Operating Expenses of Texas Roadhouse 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 Other Operating Expenses i.e., Texas Roadhouse's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Texas Roadhouse. It is also known as Texas Roadhouse overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Texas Roadhouse minus its cost of goods sold. It is profit before Texas Roadhouse 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 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 closely tied 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 Profit | 606.5M | 653.6M | 580.5M | 331.5M | Total Revenue | 3.5B | 4.0B | 4.6B | 4.9B |
Texas Roadhouse fundamental ratios Correlations
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Texas Roadhouse Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Texas Roadhouse fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.3B | 2.5B | 2.5B | 2.8B | 2.9B | |
Short Long Term Debt Total | 538.7M | 812.2M | 722.9M | 753.4M | 773.7M | 812.4M | |
Total Stockholder Equity | 916.0M | 927.5M | 1.1B | 1.0B | 1.1B | 618.0M | |
Net Debt | 430.8M | 449.0M | 387.2M | 579.5M | 669.4M | 702.9M | |
Other Assets | 51.6M | 596.6M | 306.9M | 71.8M | 82.5M | 68.0M | |
Common Stock Shares Outstanding | 70.9M | 69.9M | 70.1M | 67.9M | 67.1M | 61.8M | |
Liabilities And Stockholders Equity | 2.0B | 2.3B | 2.5B | 2.5B | 2.8B | 2.9B | |
Non Current Liabilities Total | 635.2M | 875.8M | 836.3M | 846.0M | 890.4M | 935.0M | |
Other Stockholder Equity | 140.5M | 145.6M | 114.5M | 13.1M | 15.1M | 14.4M | |
Total Liab | 1.1B | 1.4B | 1.4B | 1.5B | 1.6B | 1.7B | |
Other Current Liab | 129.0M | 192.1M | 226.5M | 149.9M | 301.9M | 317.0M | |
Total Current Liabilities | 417.2M | 506.3M | 602.1M | 652.0M | 745.4M | 782.7M | |
Other Liab | 94.4M | 113.6M | 113.4M | 115.4M | 132.7M | 139.3M | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.7B | 1.9B | 2.2B | 2.3B | |
Current Deferred Revenue | 209.3M | 232.8M | 300.7M | 335.4M | 373.9M | 392.6M | |
Accounts Payable | 61.7M | 67.0M | 95.2M | 105.6M | 131.6M | 138.2M | |
Cash | 107.9M | 363.2M | 335.6M | 173.9M | 104.2M | 111.2M | |
Non Current Assets Total | 1.7B | 1.8B | 1.9B | 2.1B | 2.4B | 2.6B | |
Non Currrent Assets Other | 53.3M | 66.0M | 79.1M | 73.9M | 93.0M | 97.6M | |
Cash And Short Term Investments | 107.9M | 363.2M | 335.6M | 173.9M | 104.2M | 111.2M | |
Net Receivables | 99.3M | 98.4M | 161.4M | 150.3M | 175.5M | 184.2M | |
Good Will | 123.2M | 124.7M | 127.0M | 148.7M | 169.7M | 113.3M | |
Inventory | 20.3M | 22.4M | 31.6M | 38.0M | 38.3M | 40.2M | |
Other Current Assets | 140.0M | 32.9M | 34.9M | 34.7M | 38.4M | 47.7M | |
Property Plant And Equipment Gross | 1.6B | 1.1B | 1.2B | 1.3B | 3.2B | 3.4B | |
Total Current Assets | 247.9M | 510.7M | 563.5M | 396.8M | 356.5M | 200.2M | |
Short Term Debt | 17.3M | 69.3M | 43.9M | 25.5M | 54.8M | 57.6M | |
Intangible Assets | 1.2M | 2.3M | 1.5M | 5.6M | 3.5M | 3.3M | |
Property Plant Equipment | 1.1B | 1.1B | 1.7B | 1.3B | 1.5B | 1.5B | |
Retained Earnings | 775.6M | 781.9M | 943.6M | 999.4M | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (39K) | (228K) | (225K) | (106K) | (121.9K) | (128.0K) | |
Net Tangible Assets | 916.0M | 927.5M | 929.6M | 1.0B | 1.2B | 776.5M | |
Noncontrolling Interest In Consolidated Entity | 15.2M | 15.5M | 15.4M | 15.0M | 17.3M | 11.0M | |
Retained Earnings Total Equity | 775.6M | 781.9M | 943.6M | 999.4M | 1.1B | 621.6M | |
Long Term Debt Total | 2.1M | 190M | 100M | 50M | 57.5M | 63.8M | |
Capital Surpluse | 140.5M | 145.6M | 114.5M | 13.1M | 11.8M | 11.2M |
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 closely tied 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.