Alnylam Pharmaceuticals (ALNY)
Alnylam Pharmaceuticals Tangible Common Equity Ratio: 57.97%
View ALNY 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
ALNY Tangible Common Equity Ratio Rankings
| Overall | 29th percentile | 3109 of 4385 |
| Sector | 45th percentile | 274 of 504 in Healthcare |
| Industry | 50th percentile | 78 of 159 in Biotechnology |
ALNY Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 34.24% | Jun 2008 |
| Maximum | 81.47% | Jun 2007 |
| Average | 41.28% |
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 ALNY related companies
ALNY News
May 10, 7:23AM Street Insider
May 04, 9:11AM Street Insider
about 24 days ago by earningscast
May 03, 4:07PM Street Insider
about 26 days ago by TrendExhaustion
Apr 26, 4:00PM Business Wire
Apr 23, 8:00AM Business Wire
about 37 days ago by earningscast
Apr 20, 8:43AM Street Insider
Apr 13, 4:00PM Business Wire
Mar 27, 4:00PM Business Wire
Mar 14, 6:50AM Benzinga
Mar 14, 6:50AM Business Wire
about 79 days ago by Xatta_Trading
Mar 06, 4:00PM Business Wire
Feb 29, 4:00PM Business Wire
about 90 days ago by TradeIdeasQuant
about 101 days ago by StockTiger
about 102 days ago by StockTiger
about 108 days ago by earningscast
about 108 days ago by Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ALNY | 10.43 | +0.00 | +0.00% | 540.59M |
| ALN | 1.25 | -0.04 | -3.10% | 43.09M |
| 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 |
