Texas Property Plant And Equipment Net vs Common Stock Shares Outstanding 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 Property Plant And Equipment Net and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Roadhouse Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Texas Roadhouse's Property Plant And Equipment Net and Common Stock Shares Outstanding is -0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding 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 Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Texas Roadhouse are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Texas Roadhouse's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit606.5M653.6M580.5M331.5M
Total Revenue3.5B4.0B4.6B4.9B

Texas Roadhouse fundamental ratios Correlations

0.930.770.870.42-0.640.95-0.520.980.930.990.910.990.980.950.580.990.990.360.580.970.660.960.020.830.77
0.930.590.960.57-0.411.0-0.70.980.840.890.710.930.890.830.550.920.910.550.550.870.450.86-0.250.730.71
0.770.590.450.31-0.70.63-0.010.680.630.740.850.730.730.680.650.740.730.230.650.730.880.720.380.480.84
0.870.960.450.39-0.350.96-0.820.940.820.850.610.90.850.820.310.890.870.490.310.830.380.84-0.30.790.51
0.420.570.310.39-0.030.55-0.180.470.350.330.310.360.310.190.820.350.390.660.820.310.070.23-0.310.060.7
-0.64-0.41-0.7-0.35-0.03-0.46-0.16-0.52-0.62-0.61-0.7-0.61-0.56-0.64-0.35-0.64-0.59-0.07-0.35-0.54-0.9-0.65-0.32-0.54-0.44
0.951.00.630.960.55-0.46-0.670.990.870.920.750.950.920.860.560.950.940.530.560.90.50.89-0.20.760.73
-0.52-0.7-0.01-0.82-0.18-0.16-0.67-0.65-0.51-0.56-0.23-0.58-0.59-0.570.04-0.56-0.57-0.190.04-0.570.1-0.580.57-0.57-0.16
0.980.980.680.940.47-0.520.99-0.650.910.970.830.990.960.920.550.980.980.420.550.950.560.94-0.130.810.74
0.930.840.630.820.35-0.620.87-0.510.910.940.840.930.920.950.430.940.950.230.430.920.590.91-0.080.920.61
0.990.890.740.850.33-0.610.92-0.560.970.940.920.991.00.980.50.990.990.230.50.990.630.980.00.860.71
0.910.710.850.610.31-0.70.75-0.230.830.840.920.890.910.880.590.890.90.160.590.910.710.870.320.750.76
0.990.930.730.90.36-0.610.95-0.580.990.930.990.890.980.960.491.00.990.360.490.970.630.970.010.860.7
0.980.890.730.850.31-0.560.92-0.590.960.921.00.910.980.970.490.980.990.220.490.990.60.980.010.860.71
0.950.830.680.820.19-0.640.86-0.570.920.950.980.880.960.970.360.960.970.090.360.970.640.99-0.030.910.6
0.580.550.650.310.82-0.350.560.040.550.430.50.590.490.490.360.490.530.451.00.50.410.430.030.10.92
0.990.920.740.890.35-0.640.95-0.560.980.940.990.891.00.980.960.490.990.350.490.970.660.970.020.870.7
0.990.910.730.870.39-0.590.94-0.570.980.950.990.90.990.990.970.530.990.30.530.990.610.97-0.010.860.73
0.360.550.230.490.66-0.070.53-0.190.420.230.230.160.360.220.090.450.350.30.450.210.080.130.020.140.4
0.580.550.650.310.82-0.350.560.040.550.430.50.590.490.490.361.00.490.530.450.50.410.430.030.10.92
0.970.870.730.830.31-0.540.9-0.570.950.920.990.910.970.990.970.50.970.990.210.50.580.970.030.840.72
0.660.450.880.380.07-0.90.50.10.560.590.630.710.630.60.640.410.660.610.080.410.580.670.30.50.59
0.960.860.720.840.23-0.650.89-0.580.940.910.980.870.970.980.990.430.970.970.130.430.970.67-0.050.840.66
0.02-0.250.38-0.3-0.31-0.32-0.20.57-0.13-0.080.00.320.010.01-0.030.030.02-0.010.020.030.030.3-0.050.020.05
0.830.730.480.790.06-0.540.76-0.570.810.920.860.750.860.860.910.10.870.860.140.10.840.50.840.020.33
0.770.710.840.510.7-0.440.73-0.160.740.610.710.760.70.710.60.920.70.730.40.920.720.590.660.050.33
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Texas Roadhouse Account Relationship Matchups

Texas Roadhouse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.5B2.5B2.8B2.9B
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 Equity2.0B2.3B2.5B2.5B2.8B2.9B
Non Current Liabilities Total635.2M875.8M836.3M846.0M890.4M935.0M
Other Stockholder Equity140.5M145.6M114.5M13.1M15.1M14.4M
Total Liab1.1B1.4B1.4B1.5B1.6B1.7B
Other Current Liab129.0M192.1M226.5M149.9M301.9M317.0M
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 Total1.7B1.8B1.9B2.1B2.4B2.6B
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 Assets140.0M32.9M34.9M34.7M38.4M47.7M
Property Plant And Equipment Gross1.6B1.1B1.2B1.3B3.2B3.4B
Total Current Assets247.9M510.7M563.5M396.8M356.5M200.2M
Short Term Debt17.3M69.3M43.9M25.5M54.8M57.6M
Intangible Assets1.2M2.3M1.5M5.6M3.5M3.3M
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 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the 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
5.82
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.