Antares Pharma (AIS)
Antares Pharma Tangible Common Equity Ratio: 77.67%
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AIS Tangible Common Equity Ratio Rankings
| Overall | 12th percentile | 3848 of 4385 |
| Sector | 21st percentile | 394 of 504 in Healthcare |
| Industry | 25th percentile | 48 of 64 in Medical Instruments & Supplies |
AIS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 9.56% | Jun 2009 |
| Maximum | 79.52% | Jun 2011 |
| Average | 47.18% |
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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AIS News
about 2 hours ago by HighGrowthFinancial
about 3 days ago by ANDISIK
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about 4 days ago by BioInvestor
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about 4 days ago by casualtrader
about 4 days ago by ANDISIK
about 6 days ago by ANDISIK
about 10 days ago by BioInvestor
May 15, 7:00AM Business Wire
May 10, 7:00AM Business Wire
May 08, 7:00AM Business Wire
Apr 26, 9:26AM Business Wire
Apr 26, 7:00AM PR Newswire
Mar 28, 7:00AM Business Wire
Mar 22, 8:20AM Marketwire
Mar 12, 7:00AM Business Wire
Feb 27, 9:30AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AIS | 2.89 | +0.02 | +0.70% | 299.69M |
| AIRT | 9.250 | +0.17 | +1.87% | 22.66M |
| AIRM | 91.97 | -0.12 | -0.13% | 1.159B |
| AIR | 12.48 | -0.29 | -2.27% | 502.69M |
| AIQ | 1.05 | -0.02 | -1.87% | 55.99M |
| AMS | 3.09 | +0.03 | +0.98% | 14.24M |
| AMRS | 2.57 | +0.20 | +8.44% | 144.59M |
| AMRI | 2.71 | -0.05 | -1.81% | 83.39M |
| AMRC | 11.07 | -0.15 | -1.34% | 289.15M |
| AMPL | 0.185 | +0.01 | +2.83% | 10.38M |