Amrica Mvil (AMX)
Amrica Mvil Tangible Common Equity Ratio: 19.09%
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AMX Tangible Common Equity Ratio Rankings
| Overall | 66th percentile | 1463 of 4385 |
| Sector | 77th percentile | 181 of 814 in Technology |
| Industry | 64th percentile | 12 of 34 in Wireless Communications |
AMX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 12.19% | Sep 2008 |
| Maximum | 31.87% | Jun 2010 |
| Average | 21.87% |
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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AMX News
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about 19 days ago by TrendExhaustion
May 07, 4:33PM Fox Business
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about 60 days ago by bradloncar
about 67 days ago by mikewill17
about 75 days ago by bradloncar
about 83 days ago by SumZero
about 122 days ago by bradloncar
about 127 days ago by bradloncar
about 150 days ago by Trade4Me
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AMX | 23.84 | -0.15 | -0.63% | 92.34B |
| AMWD | 16.57 | -0.18 | -1.07% | 237.95M |
| AMTD | 17.24 | +0.19 | +1.11% | 9.458B |
| AMPL | 0.185 | +0.01 | +2.83% | 10.38M |
| AMP | 47.78 | -0.12 | -0.25% | 10.59B |
| AMOV | 23.79 | -0.11 | -0.46% | |
| AMOT | 5.99 | -0.10 | -1.64% | 51.81M |
| AMNB | 22.00 | -0.24 | -1.08% | 172.26M |
| ANEN | 19.05 | +0.06 | +0.32% | 283.65M |
| ANDE | 44.85 | +0.40 | +0.90% | 831.52M |