Becton Dickinson and Company (BDX)
Becton Dickinson and Company Tangible Common Equity Ratio: 28.21%
View BDX 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
BDX Tangible Common Equity Ratio Rankings
| Overall | 59th percentile | 1790 of 4385 |
| Sector | 67th percentile | 162 of 504 in Healthcare |
| Industry | 68th percentile | 20 of 64 in Medical Instruments & Supplies |
BDX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 28.21% | Mar 2012 |
| Maximum | 57.79% | Mar 2009 |
| Average | 48.05% |
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 BDX related companies
BDX News
May 22, 1:33PM Street Insider
about 19 days ago by Attitrade
about 21 days ago by earningscast
May 02, 10:00AM Benzinga
May 01, 2:30PM Seeking Alpha
about 27 days ago by earningscast
May 01, 6:24AM Street Insider
about 28 days ago by Trade2work
Apr 25, 10:00AM Street Insider
about 39 days ago by ATandon_STE
about 46 days ago by 2ndstory
about 46 days ago by gtlackey
about 46 days ago by Trade2work
about 46 days ago by Trade2work
about 47 days ago by 2ndstory
about 55 days ago by Trade2work
about 55 days ago by Trade2work
about 56 days ago by Trade2work
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BDX | 74.42 | -0.30 | -0.40% | 15.64B |
| BDSI | 3.94 | -0.14 | -3.43% | 116.55M |
| BDR | 1.00 | +0.00 | +0.00% | 6.21M |
| BDN | 11.29 | -0.07 | -0.62% | 1.611B |
| BPFH | 8.99 | +0.02 | +0.22% | 702.48M |
| BPAX | 0.5183 | -0.00 | -0.25% | 62.63M |
| BP | 38.36 | +0.13 | +0.34% | 121.32B |
| BOXC | 25.90 | +0.49 | +1.93% | |
| BOX | 18.08 | -0.22 | -1.20% | 366.84M |
| BOSC | 0.7601 | -0.00 | -0.51% | 3.398M |