Adcare Health Systems (ADK)
Adcare Health Systems Tangible Common Equity Ratio: 4.52%
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ADK Tangible Common Equity Ratio Rankings
| Overall | 83rd percentile | 727 of 4385 |
| Sector | 80th percentile | 97 of 504 in Healthcare |
| Industry | 66th percentile | 4 of 12 in Long-Term Care Facilities |
ADK Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -16.73% | Jun 2011 |
| Maximum | 27.24% | Jun 2010 |
| Average | 5.59% |
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.
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ADK News
May 09, 5:58PM Street Insider
Apr 19, 8:31AM Marketwire
about 46 days ago by MarketBrief
Apr 04, 8:31AM Marketwire
Apr 03, 8:31AM Marketwire
about 58 days ago by AdCareHealthSystems
about 58 days ago by MissionIR
Mar 30, 11:35AM Marketwire
about 59 days ago by AdCareHealthSystems
about 59 days ago by MissionIR
about 60 days ago by AdCareHealthSystems
about 66 days ago by AdCareHealthSystems
about 73 days ago by MissionIR
about 73 days ago by AdCareHealthSystems
Mar 15, 12:43PM Marketwire
about 76 days ago by AdCareHealthSystems
about 76 days ago by MissionIR
about 79 days ago by MissionIR
about 79 days ago by AdCareHealthSystems
Mar 08, 7:25PM Marketwire
about 81 days ago by MissionIR
about 81 days ago by RecogniaEvents
about 83 days ago by MissionIR
about 83 days ago by AdCareHealthSystems
about 87 days ago by AdCareHealthSystems
about 88 days ago by AdCareHealthSystems
about 89 days ago by howardlindzon
about 89 days ago by howardlindzon
about 89 days ago by MissionIR
about 89 days ago by AdCareHealthSystems
Feb 28, 8:32AM Marketwire
about 94 days ago by AdCareHealthSystems
about 95 days ago by AdCareHealthSystems
Feb 02, 10:00AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ADK | 3.36 | -0.04 | -1.18% | 40.99M |
| ADI | 36.19 | +0.19 | +0.53% | 10.78B |
| ADGF | 10.79 | +0.01 | +0.06% | 86.32M |
| ADGE | 2.83 | +0.04 | +1.43% | 129.90M |
| ADES | 25.91 | -0.59 | -2.23% | 259.10M |
| ACPW | 0.7397 | -0.00 | -0.04% | 70.19M |
| ACOR | 22.54 | -0.12 | -0.53% | 894.84M |
| ACOM | 21.88 | +0.09 | +0.41% | 937.78M |
| ACO | 29.03 | -0.83 | -2.78% | 924.90M |
| ACN | 57.44 | -0.55 | -0.95% | 37.18B |