AMAG Pharmaceuticals (AMAG)
AMAG Pharmaceuticals Tangible Common Equity Ratio: 66.99%
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AMAG Tangible Common Equity Ratio Rankings
| Overall | 20th percentile | 3474 of 4385 |
| Sector | 34th percentile | 332 of 504 in Healthcare |
| Industry | 44th percentile | 10 of 18 in Diagnostic Substances |
AMAG Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 66.99% | Mar 2012 |
| Maximum | 97.83% | Jun 2007 |
| Average | 82.63% |
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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AMAG News
May 10, 12:41PM Street Insider
May 10, 8:41AM Street Insider
May 10, 8:06AM Street Insider
May 09, 4:09PM Benzinga
about 26 days ago by earningscast
Apr 20, 9:36AM Street Insider
Apr 20, 9:33AM Benzinga
about 65 days ago by RecogniaEvents
Mar 08, 10:02AM Street Insider
about 83 days ago by earningscast
about 85 days ago by abubnic
about 85 days ago by abubnic
about 139 days ago by TradeIdeasQuant
about 167 days ago by Benzinga
about 172 days ago by DavidSchawel
about 192 days ago by TradeIdeasQuant
about 192 days ago by Street_Insider
about 203 days ago by fallondpicks
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AMAG | 13.90 | +0.35 | +2.58% | 294.68M |
| AM | 14.27 | -0.10 | -0.70% | 546.83M |
| ALXN | 92.42 | -0.68 | -0.73% | 17.19B |
| ALX | 391.06 | +0.06 | +0.02% | 1.998B |
| ALVR | 0.49 | +0.03 | +6.52% | 28.41M |
| AMNB | 22.00 | -0.24 | -1.08% | 172.26M |
| AMLP | 15.95 | +0.05 | +0.31% | |
| AMLN | 27.96 | +2.16 | +8.37% | 4.496B |
| AMKR | 4.65 | +0.07 | +1.53% | 782.83M |
| AMJ | 37.36 | +0.23 | +0.62% |