AtriCure (ATRC)
AtriCure Tangible Common Equity Ratio: 39.98%
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ATRC Tangible Common Equity Ratio Rankings
| Overall | 46th percentile | 2366 of 4385 |
| Sector | 58th percentile | 209 of 504 in Healthcare |
| Industry | 62nd percentile | 24 of 64 in Medical Instruments & Supplies |
ATRC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 39.98% | Mar 2012 |
| Maximum | 78.91% | Mar 2009 |
| Average | 57.54% |
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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ATRC News
about 24 days ago by earningscast
about 44 days ago by MarketBrief
Mar 20, 7:14AM Street Insider
about 90 days ago by earningscast
Feb 21, 3:00PM Business Wire
Feb 02, 9:36AM Street Insider
about 163 days ago by Benzinga
about 179 days ago by earningscast
about 213 days ago by lewisgreen
about 326 days ago by Mdhemp
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ATRC | 8.99 | +0.58 | +6.90% | 148.16M |
| ARTC | 26.44 | +0.93 | +3.65% | 729.48M |
| ART | 3.02 | +0.01 | +0.33% | 176.01M |
| ARSD | 10.12 | -0.18 | -1.75% | 240.25M |
| ARRY | 3.46 | -0.19 | -5.21% | 282.16M |
| ARRS | 12.32 | -0.01 | -0.08% | 1.418B |
| ARR | 6.95 | +0.05 | +0.72% | 984.88M |
| ARQL | 5.87 | +0.05 | +0.86% | 316.69M |
| AROW | 23.85 | -0.05 | -0.21% | 283.82M |
| ARO | 19.19 | +0.17 | +0.89% | 1.554B |
