Allot Communications (ALLT)
Allot Communications Tangible Common Equity Ratio: 81.43%
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ALLT Tangible Common Equity Ratio Rankings
| Overall | 9th percentile | 3979 of 4385 |
| Sector | 15th percentile | 690 of 814 in Technology |
| Industry | 9th percentile | 18 of 20 in Technical & System Software |
ALLT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 66.77% | Mar 2011 |
| Maximum | 82.20% | Dec 2011 |
| Average | 74.78% |
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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ALLT News
about 4 days ago by odyssea
May 11, 1:56PM Investor's Business Daily
about 18 days ago by MrDayer
about 19 days ago by theharper
about 19 days ago by nycgoat
about 20 days ago by theharper
about 25 days ago by IncrementalWealth
May 02, 7:38AM Street Insider
about 25 days ago by felixchapovsky
about 26 days ago by JaredFruchtman
about 26 days ago by JaredFruchtman
about 26 days ago by 1nvestor
May 01, 6:46AM Street Insider
May 01, 4:01AM PR Newswire
Apr 24, 2:29PM Street Insider
Apr 16, 4:00AM PR Newswire
Apr 05, 10:01AM theflyonthewall.com
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ALLT | 23.89 | -0.31 | -1.28% | 714.79M |
| AMTD | 17.24 | +0.19 | +1.11% | 9.458B |
| AMTC | 0.1999 | +0.00 | +0.00% | 0.6797M |
| AMT | 65.75 | -0.10 | -0.15% | 25.89B |
| AMSWA | 8.00 | +0.01 | +0.13% | 210.72M |
| AMSG | 27.47 | -0.30 | -1.08% | 859.26M |
| AMSF | 27.18 | +0.08 | +0.30% | 493.32M |
| AMSC | 3.73 | -0.08 | -2.10% | 191.80M |
| AMS | 3.09 | +0.03 | +0.98% | 14.24M |
| AJG | 34.94 | -0.20 | -0.57% | 4.101B |
