Quick Ratio Analysis of Texas Capital Bancshares Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

5.07


Very Good Quick Ratio
Period Ending - Dec-22
8.38

Excellent Quick Ratio
Growth
-39.54 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

10.82


Excellent Quick Ratio
Quick Ratio Analysis of Texas Capital Bancshares Inc
Quick Ratio of Texas Capital Bancshares Inc with value of 5.07 indicates company has liquid assets to pay its obligations.
Quick Ratio of Texas Capital Bancshares Inc with value of 10.82 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of TCBI drastically fell by -39.54 % this year.
Quick Ratio with value of 8.38 was highest in Year Dec-22 in last Five Years.
Quick Ratio with value of 1.25 was lowest in Year Dec-19 in last Five Years.
Latest Quick Ratio with value of 5.07 is Greater than Average Quick Ratio of 3.50 in last five years.
Other Quick Ratio Related Info of TCBI that may interest you.
Texas Capital Bancshares Inc Overview
CodePricePrevious PricePrice ChangeSector
TCBI57.0457.43 0.679 % Banks-Regional
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Low Stability Stock
FY - Historical Quick Ratio of Texas Capital Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio5.078.381.391.411.251.111.11
Change-39.54 %502.34 %-1.18 %12.63 %13.00 %-0.194 %-0.947 %
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FY Chart of Quick Ratio of Texas Capital Bancshares Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)