Anaren (ANEN)
Anaren Tangible Common Equity Ratio: 87.09%
View ANEN 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
ANEN Tangible Common Equity Ratio Rankings
| Overall | 5th percentile | 4159 of 4385 |
| Sector | 8th percentile | 748 of 814 in Technology |
| Industry | 2nd percentile | 33 of 34 in Wireless Communications |
ANEN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 55.32% | Sep 2008 |
| Maximum | 87.09% | Mar 2012 |
| Average | 71.86% |
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 ANEN related companies
ANEN News
about 12 days ago by RecogniaEvents
about 12 days ago by TradeBot
May 14, 9:37AM GlobeNewswire
May 11, 8:20AM Street Insider
May 01, 9:00AM GlobeNewswire
Apr 30, 11:59AM GlobeNewswire
Apr 11, 3:16PM GlobeNewswire
about 61 days ago by RecogniaEvents
about 61 days ago by RecogniaEvents
Mar 27, 8:51AM Street Insider
Mar 26, 12:02PM Street Insider
Jan 30, 12:00PM Street Insider
about 141 days ago by 1nvestor
about 216 days ago by Street_Insider
about 216 days ago by Street_Insider
about 298 days ago by Benzinga
about 341 days ago by fallondpicks
about 558 days ago by tickertutor
about 1032 days ago by tradersdiet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ANEN | 19.05 | +0.06 | +0.32% | 283.65M |
| ASPS | 57.98 | -1.04 | -1.76% | 1.352B |
| ASP | 11.61 | -0.05 | -0.46% | |
| ASNA | 18.90 | -0.02 | -0.11% | 2.896B |
| ASML | 46.00 | -0.22 | -0.48% | 19.03B |
| ASMI | 35.28 | -0.28 | -0.79% | 1.954B |
| ASM | 1.24 | -0.01 | -0.72% | 25.52M |
| ASIA | 10.92 | -0.13 | -1.18% | 791.70M |
| ARDNA | 81.80 | +0.80 | +0.99% | 251.13M |
| ARCW | 3.06 | +0.00 | +0.00% | 9.455M |
