Brookfield Infrastructure Partners (BIP)
Brookfield Infrastructure Partners Tangible Common Equity Ratio: 24.34%
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BIP Tangible Common Equity Ratio Rankings
| Overall | 62nd percentile | 1636 of 4385 |
| Sector | 69th percentile | 36 of 117 in Utilities |
| Industry | 62nd percentile | 20 of 53 in Electric Utilities |
BIP Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 13.69% | Jun 2011 |
| Maximum | 92.35% | Jun 2010 |
| Average | 58.46% |
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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BIP News
May 09, 9:36AM Street Insider
about 32 days ago by StockTiger
about 33 days ago by StockTiger
about 33 days ago by StockTiger
about 55 days ago by Fibline
about 55 days ago by TraderFoxxx
Apr 02, 7:27AM Street Insider
about 80 days ago by ajb_2010
about 81 days ago by ajb_2010
about 104 days ago by TraderFoxxx
Feb 02, 10:28AM Street Insider
about 136 days ago by BollingerBandit
about 142 days ago by willoughbyhrtstopper
about 142 days ago by TraderFoxxx
about 143 days ago by willoughbyhrtstopper
about 143 days ago by willoughbyhrtstopper
about 144 days ago by willoughbyhrtstopper
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BIP | 31.30 | -0.10 | -0.32% | 4.142B |
| BIOS | 6.73 | -0.02 | -0.30% | 372.98M |
| BIOF | 0.35 | +0.00 | +0.00% | 36.60M |
| BIOD | 0.76 | +0.01 | +1.47% | 29.42M |
| BSI | 2.555 | +0.01 | +0.59% | 168.60M |
| BSFT | 25.65 | -0.51 | -1.95% | 704.35M |
| BSET | 9.48 | -0.22 | -2.27% | 106.84M |
| BSDM | 1.88 | -0.09 | -4.57% | 55.76M |
| BSD | 14.38 | -0.00 | -0.02% | |
| BSBR | 7.90 | +0.08 | +1.02% | 16.66B |