AbitibiBowater (ABH)
AbitibiBowater Tangible Common Equity Ratio: 55.33%
View ABH Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
ABH Tangible Common Equity Ratio Rankings
| Overall | 31st percentile | 3012 of 4385 |
| Sector | 32nd percentile | 259 of 381 in Consumer Goods |
| Industry | 23rd percentile | 13 of 17 in Paper & Paper Products |
ABH Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -70.63% | Sep 2010 |
| Maximum | 59.94% | Sep 2011 |
| Average | 1.77% |
About Tangible Common Equity Ratio
The tangible common equity (TCE) ratio is a useful number to gauge leverage of a financial firm. Specifically, it answers the question: "How much can the value of a bank's assets fall before the entire value of tangible* common equity is wiped out?"
For example, assume a bank as a TCE ratio of 5%. If the value of all of the banks assets fell by 5%, theoretically stockholders would no longer have a claim on the bank's tangible assets.
Another way of thinking about the TCE ratio of 5% is that the remaining 95% of the bank's tangible assets have been purchased using loaned funds that the bank must repay.
This ratio is worth spending time with. Once investors understand its implications, they rarely look at banking businesses the same way.
* The word tangible, in accounting, essentially means anything that can be touched or traded. Cash, buildings, accounts receivable, inventories and stock holdings of a business are all tangible assets. Trade secrets, patents, copyrights, and goodwill are not tangible assets, even though they may have value.
Learn More
You may also be interested in these ABH related companies
ABH News
May 18, 10:14AM Street Insider
May 10, 4:37PM Fox Business
about 26 days ago by freefdawatchlistcom
Apr 23, 9:00PM PR Newswire
Mar 23, 5:00PM PR Newswire
about 291 days ago by Benzinga
about 333 days ago by Guttrader
about 333 days ago by Guttrader
about 333 days ago by BaselineAce
about 345 days ago by rcaerbert
about 360 days ago by Greatpita
about 360 days ago by BaselineAce
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ABH | 11.83 | +0.00 | +0.00% | 1.149B |
| ABFS | 12.99 | +0.15 | +1.17% | 330.60M |
| ABD | 9.40 | -0.08 | -0.84% | 523.11M |
| ACHN | 7.35 | +0.03 | +0.41% | 518.69M |
| ACH | 10.07 | -0.25 | -2.42% | 1.589B |
| ACGL | 38.31 | -0.31 | -0.80% | 5.188B |
| ACG | 8.20 | +0.00 | +0.00% | |
| ACFN | 8.89 | -0.26 | -2.84% | 157.80M |
| ACFCD | 2.18 | +0.33 | +17.84% | |
| ACFC | 2.18 | +0.33 | +17.84% |
