Grupo Aeroportuario del Sureste (ASR)
Grupo Aeroportuario del Sureste Tangible Common Equity Ratio: 83.40%
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ASR Tangible Common Equity Ratio Rankings
| Overall | 8th percentile | 4034 of 4385 |
| Sector | 3rd percentile | 822 of 852 in Services |
| Industry | 0th percentile | 8 of 8 in Air Services, Other |
ASR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 57.56% | Jun 2009 |
| Maximum | 91.42% | Sep 2007 |
| Average | 81.28% |
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.
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ASR News
May 04, 9:20AM PR Newswire
Apr 25, 4:04PM Seeking Alpha
Apr 04, 9:22AM Benzinga
Mar 06, 9:20AM PR Newswire
Feb 24, 2:33PM Seeking Alpha
Feb 08, 9:20AM PR Newswire
Feb 02, 9:20AM PR Newswire
Jan 04, 9:20AM PR Newswire
Dec 05, 9:20AM PR Newswire
Nov 07, 9:20AM PR Newswire
about 508 days ago by flare9x
about 836 days ago by TradeHawk
about 1215 days ago by buffalod
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ASR | 71.20 | +0.68 | +0.96% | 1.972B |
| ASPS | 57.98 | -1.04 | -1.76% | 1.352B |
| AQQ | 3.99 | +0.00 | +0.00% | 11.97M |
| APU | 38.81 | -0.26 | -0.67% | 3.328B |
| APT | 1.25 | -0.02 | -1.57% | 26.36M |
| APSA | 14.37 | +0.47 | +3.37% | 452.45M |
| APRI | 2.70 | -0.05 | -1.82% | 71.60M |
| APPYD | 0.62 | -0.02 | -3.12% | |
| APPY | 0.62 | -0.02 | -3.12% | 5.971M |
| APP | 0.8505 | -0.01 | -1.68% | 89.86M |
