Black Box Corporation (BBOX)
Black Box Corporation Tangible Common Equity Ratio: 5.16%
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BBOX Tangible Common Equity Ratio Rankings
| Overall | 82nd percentile | 754 of 4385 |
| Sector | 82nd percentile | 142 of 814 in Technology |
| Industry | 88th percentile | 2 of 17 in Networking & Communication Devices |
BBOX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -31.59% | Mar 2009 |
| Maximum | 6.78% | Dec 2011 |
| Average | -12.71% |
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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BBOX News
May 17, 9:00AM Business Wire
about 17 days ago by earningscast
May 10, 4:25PM Street Insider
May 09, 5:58PM Street Insider
Apr 27, 4:00PM Business Wire
Mar 07, 9:00AM Business Wire
Feb 23, 9:00AM Business Wire
Feb 07, 9:00AM Business Wire
Feb 02, 9:00AM Business Wire
about 117 days ago by earningscast
Jan 04, 9:00AM Business Wire
about 208 days ago by Benzinga
about 299 days ago by Street_Insider
about 320 days ago by 1nvestor
about 332 days ago by Xatta_Trading
about 369 days ago by DynamicDividend
about 376 days ago by TheEquitiesRoom
about 480 days ago by illinijill
about 517 days ago by hertcapital
about 540 days ago by OptionRadar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BBOX | 22.22 | +0.19 | +0.86% | 388.41M |
| AZN | 41.23 | +0.05 | +0.12% | 53.28B |
| AZK | 4.72 | +0.11 | +2.39% | 769.97M |
| AZC | 1.63 | +0.13 | +8.67% | 235.05M |
| AYR | 11.60 | +0.37 | +3.29% | 839.61M |
| BCRX | 3.26 | +0.00 | +0.00% | 150.09M |
| BCR | 99.90 | -0.09 | -0.09% | 8.473B |
| BCPC | 30.31 | -0.25 | -0.82% | 885.36M |
| BCOM | 4.20 | +0.01 | +0.24% | 125.54M |
| BCO | 23.23 | -0.32 | -1.36% | 1.089B |
