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Texas Capital Bancshares (Texas Capital Bancshares) Net Current Asset Value : $0.00 (As of Mar. 2024)


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What is Texas Capital Bancshares Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Texas Capital Bancshares's net current asset value per share for the quarter that ended in Mar. 2024 was $0.00.

The historical rank and industry rank for Texas Capital Bancshares's Net Current Asset Value or its related term are showing as below:

TCBI's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 3.93
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Texas Capital Bancshares Net Current Asset Value Historical Data

The historical data trend for Texas Capital Bancshares's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Capital Bancshares Net Current Asset Value Chart

Texas Capital Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Texas Capital Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Texas Capital Bancshares's Net Current Asset Value

For the Banks - Regional subindustry, Texas Capital Bancshares's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Capital Bancshares's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Texas Capital Bancshares's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Texas Capital Bancshares's Price-to-Net-Current-Asset-Value falls into.



Texas Capital Bancshares Net Current Asset Value Calculation

Texas Capital Bancshares's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-25157.124-0-300)/47.2379
=N/A

Texas Capital Bancshares's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-26009.923-0-300)/46.9863
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Capital Bancshares  (NAS:TCBI) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Texas Capital Bancshares Net Current Asset Value Related Terms

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Texas Capital Bancshares (Texas Capital Bancshares) Business Description

Traded in Other Exchanges
Address
2000 McKinney Avenue, Suite 700, Dallas, TX, USA, 75201
Texas Capital Bancshares Inc is a secured lender, with the majority of the loans held for investment, excluding mortgage finance loans and other national lines of business. The company's national lines of business provide specialized lending products to businesses throughout the United States. The bank operates in Texas' main metropolitan areas, like Austin, Dallas, Fort Worth, Houston, and San Antonio.
Executives
Robert W Stallings director 5242 BUENA VISTA DRIVE, FRISCO TX 75034
Laura L Whitley director 2000 MCKINNEY AVE SUITE 700, DALLAS TX 75201
John W Cummings officer: Chief Administrative Officer 2000 MCKINNEY AVE SUITE 700, DALLAS TX 75201
Thomas E Long director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Timothy J Storms officer: Chief Risk Officer 2000 MCKINNEY AVE, STE 700, DALLAS TX 75201
Elysia Holt Ragusa director 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080
John Matthew Scurlock officer: Chief Financial Officer 2000 MCKINNEY AVE SUITE 700, DALLAS TX 75201
Paola M Arbour director 14201 DALLAS PARKWAY, DALLAS TX 75254
Charles S Hyle director 191C MAIN STREET, NEW CANAAN CT 06840
James H Browning director 3760 JARDIN, HOUSTON TX 77005
Julie L Anderson officer: Chief Accounting Officer 2000 MCKINNEY AVE STE 700, DALLAS TX 75201
David S. Huntley director 208 S. AKARD, ROOM 2900;07, DALLAS TX 75202
Larry L Helm director 1000 LOUISIANA, SUITE 5600, HOUSTON TX 77002
Anna M Alvarado officer: Chief Legal Officer 1600 WEST 7TH STREET, FORT WORTH TX 76102
Rob C Holmes officer: President and CEO 2000 MCKINNEY AVE, STE 700, DALLAS TX 75201