Texas Capital Funds Etf Working Capital
| OILT Etf | 26.32 0.20 0.77% |
Texas Capital Funds fundamentals help investors to digest information that contributes to Texas Capital's financial success or failures. It also enables traders to predict the movement of Texas Etf. The fundamental analysis module provides a way to measure Texas Capital'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 Texas Capital etf.
Texas |
Texas Capital Funds ETF Working Capital Analysis
Texas Capital's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Texas Capital Working Capital | 92.72 M |
Most of Texas Capital's fundamental indicators, such as Working Capital, 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, Texas Capital Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Based on the company's disclosures, Texas Capital Funds has a Working Capital of 92.72 M. This is much higher than that of the family and significantly higher than that of the Equity Energy category. The working capital for all United States etfs is notably lower than that of the firm.
Did you try this?
Run CEOs Directory Now
CEOs DirectoryScreen CEOs from public companies around the world |
| All Next | Launch Module |
Texas Fundamentals
| Return On Asset | 0.08 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.47 % | |||
| Current Valuation | 2.63 B | |||
| Shares Outstanding | 78.37 M | |||
| Shares Owned By Insiders | 0.78 % | |||
| Shares Owned By Institutions | 57.30 % | |||
| Number Of Shares Shorted | 146.66 K | |||
| Price To Earning | 33.13 X | |||
| Price To Book | 7.71 X | |||
| Price To Sales | 14.88 X | |||
| Revenue | 210.95 M | |||
| Gross Profit | 167.04 M | |||
| Net Income | 70.42 M | |||
| Cash And Equivalents | 17.33 M | |||
| Cash Per Share | 0.26 X | |||
| Total Debt | 190.8 M | |||
| Debt To Equity | 0.42 % | |||
| Current Ratio | 0.74 X | |||
| Cash Flow From Operations | 134.3 M | |||
| Earnings Per Share | 1.00 X | |||
| Number Of Employees | 11 | |||
| Beta | 0.85 | |||
| Market Capitalization | 2.41 B | |||
| Total Asset | 728.97 M | |||
| Working Capital | 92.72 M | |||
| Current Asset | 137.59 M | |||
| Current Liabilities | 44.87 M |
About Texas Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Texas Capital Funds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Texas Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Texas Capital Funds based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out Texas Capital Piotroski F Score and Texas Capital Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Texas Capital Funds 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 Capital's value that differs from its market value or its book value, called intrinsic value, which is Texas Capital'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 Capital's market value can be influenced by many factors that don't directly affect Texas Capital'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 Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Capital'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.