Aerocentury (ACY)
Aerocentury Tangible Common Equity Ratio: 29.97%
View ACY 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
ACY Tangible Common Equity Ratio Rankings
| Overall | 56th percentile | 1890 of 4385 |
| Sector | 54th percentile | 388 of 852 in Services |
| Industry | 24th percentile | 19 of 25 in Rental & Leasing Services |
ACY Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 24.85% | Jun 2008 |
| Maximum | 34.30% | Sep 2010 |
| Average | 29.10% |
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 ACY related companies
ACY News
about 53 days ago by MarketBrief
about 54 days ago by MarketBrief
about 55 days ago by MarketBrief
about 58 days ago by MarketBrief
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 61 days ago by MarketBrief
about 62 days ago by MarketBrief
about 65 days ago by MarketBrief
Mar 03, 4:37PM PR Newswire
about 451 days ago by JTMarlin
about 559 days ago by Detroitblues
about 562 days ago by Detroitblues
about 562 days ago by Detroitblues
about 562 days ago by Detroitblues
about 653 days ago by Detroitblues
about 703 days ago by flare9x
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ACY | 11.95 | -0.80 | -6.27% | 18.40M |
| ACXM | 13.97 | +0.69 | +5.20% | 1.092B |
| ACWX | 35.79 | -0.08 | -0.22% | |
| ACW | 5.92 | +0.05 | +0.85% | 280.13M |
| ACUR | 3.05 | +0.28 | +10.11% | 139.87M |
| ACU | 10.66 | +0.45 | +4.41% | 33.05M |
| ACTV | 13.88 | +0.08 | +0.58% | 802.54M |
| ACTS | 1.66 | +0.01 | +0.61% | 115.67M |
| ACTG | 35.13 | -0.14 | -0.40% | 1.744B |
| ACRX | 3.53 | +0.07 | +2.17% | 69.08M |