AirMedia Group (AMCN)
AirMedia Group Tangible Common Equity Ratio: 72.04%
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AMCN Tangible Common Equity Ratio Rankings
| Overall | 16th percentile | 3656 of 4385 |
| Sector | 10th percentile | 763 of 852 in Services |
| Industry | 16th percentile | 10 of 12 in Marketing Services |
AMCN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 72.04% | Dec 2011 |
| Maximum | 96.47% | Dec 2007 |
| Average | 83.64% |
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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AMCN News
May 15, 8:57AM Street Insider
May 11, 3:24PM Street Insider
May 09, 5:00PM PR Newswire
May 01, 5:00PM PR Newswire
Mar 12, 5:00AM PR Newswire
Feb 29, 9:00AM PR Newswire
Feb 21, 8:02AM Business Wire
about 110 days ago by TradeIdeasQuant
about 185 days ago by VexTrades
about 212 days ago by exkapie
Aug 18, 4:34PM Street Insider
about 446 days ago by sinastock
about 552 days ago by traderstewie
about 578 days ago by thetechtrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AMCN | 2.35 | +0.14 | +6.33% | 152.07M |
| AMCF | 2.640 | +0.00 | +0.00% | 25.13M |
| AMCC | 5.26 | +0.09 | +1.74% | 321.75M |
| AMBO | 4.58 | +0.06 | +1.33% | 326.46M |
| AMAT | 10.54 | +0.16 | +1.54% | 13.61B |
| AMAP | 11.34 | -0.16 | -1.39% | 555.09M |
| 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 |
