Einstein Noah Restaurant Group (BAGL)
Einstein Noah Restaurant Group Tangible Common Equity Ratio: 11.59%
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BAGL Tangible Common Equity Ratio Rankings
| Overall | 72nd percentile | 1187 of 4385 |
| Sector | 70th percentile | 251 of 852 in Services |
| Industry | 72nd percentile | 13 of 47 in Restaurants |
BAGL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -170.2% | Jun 2007 |
| Maximum | 11.59% | Mar 2012 |
| Average | -47.28% |
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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BAGL News
about 4 days ago by Tarek307
about 12 days ago by frotuss
about 22 days ago by abubnic
about 23 days ago by DynamicDividend
May 04, 11:31AM Street Insider
about 23 days ago by abubnic
about 23 days ago by Street_Insider
May 04, 8:27AM Street Insider
May 03, 5:26PM Street Insider
May 03, 4:54PM Street Insider
about 24 days ago by earningscast
about 24 days ago by Street_Insider
May 03, 4:04PM Business Wire
May 03, 4:03PM Street Insider
May 03, 4:02PM Business Wire
Apr 30, 9:00AM Business Wire
Apr 19, 4:08PM Business Wire
about 65 days ago by MarketBrief
about 66 days ago by MarketBrief
about 69 days ago by RecogniaEvents
Mar 12, 9:00AM Business Wire
about 87 days ago by earningscast
about 87 days ago by Benzinga
about 102 days ago by Brianmsc
about 133 days ago by chessNwine
about 149 days ago by DynamicDividend
about 215 days ago by ycharts
about 297 days ago by Benzinga
about 297 days ago by Benzinga
about 300 days ago by hybrididentity
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BAGL | 16.63 | -0.10 | -0.60% | 280.71M |
| BAF | 15.63 | -0.01 | -0.06% | |
| BAC | 7.15 | +0.01 | +0.14% | 77.02B |
| BABY | 11.22 | +0.02 | +0.18% | 330.32M |
| AXP | 55.81 | -0.53 | -0.94% | 65.20B |
| AXN | 0.32 | -0.02 | -7.11% | 15.81M |
| AXL | 9.32 | -0.09 | -0.96% | 698.81M |
| AXK | 2.73 | -0.03 | -1.09% | 30.30M |
| AXJL | 57.50 | -0.53 | -0.91% | |
| AXFN | 20.75 | +0.00 | +0.00% |