Benchmark Electronics (BHE)
Benchmark Electronics Tangible Common Equity Ratio: 73.17%
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BHE Tangible Common Equity Ratio Rankings
| Overall | 15th percentile | 3707 of 4385 |
| Sector | 27th percentile | 594 of 814 in Technology |
| Industry | 11th percentile | 15 of 17 in Printed Circuit Boards |
BHE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 67.09% | Jun 2007 |
| Maximum | 76.45% | Mar 2011 |
| Average | 72.77% |
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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BHE News
May 02, 10:30AM PR Newswire
about 32 days ago by earningscast
Apr 26, 7:00AM PR Newswire
about 38 days ago by RecogniaEvents
Apr 05, 7:59AM Street Insider
about 60 days ago by MarketBrief
Feb 03, 8:13AM Street Insider
Feb 02, 8:54AM Street Insider
Feb 02, 7:00AM PR Newswire
Feb 01, 9:06AM PR Newswire
Jan 09, 9:10AM Benzinga
Dec 21, 9:02AM Street Insider
Nov 08, 9:00AM PR Newswire
Oct 27, 8:14AM FlyOnTheWall
about 279 days ago by ZacksResearch
about 307 days ago by frankvoisin
about 343 days ago by howardlindzon
about 480 days ago by OptionRadar
about 502 days ago by akoptiontrader
about 515 days ago by akoptiontrader
about 571 days ago by elricadon
about 615 days ago by optionsfanatic
about 628 days ago by vcutrader
about 658 days ago by InvestedCentral
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BHE | 13.61 | -0.09 | -0.66% | 786.11M |
| BHD | 14.22 | -0.19 | -1.32% | |
| BH | 389.00 | +0.63 | +0.16% | 556.27M |
| BGZ | 23.86 | +0.17 | +0.72% | |
| BGS | 23.13 | +0.80 | +3.58% | 1.119B |
| BGR | 23.02 | -0.06 | -0.26% | |
| BGMD | 4.30 | +0.14 | +3.37% | 83.72M |
| BGFV | 6.35 | -0.01 | -0.16% | 138.11M |
| BGCP | 6.21 | +0.02 | +0.32% | 861.14M |
| BGC | 29.51 | +0.07 | +0.24% | 1.468B |
