BioMimetic Therapeutics (BMTI)
BioMimetic Therapeutics Tangible Common Equity Ratio: 71.86%
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BMTI Tangible Common Equity Ratio Rankings
| Overall | 16th percentile | 3648 of 4385 |
| Sector | 29th percentile | 356 of 504 in Healthcare |
| Industry | 34th percentile | 42 of 64 in Medical Instruments & Supplies |
BMTI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 44.84% | Mar 2009 |
| Maximum | 81.80% | Sep 2010 |
| Average | 69.70% |
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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BMTI News
about 18 days ago by earningscast
May 09, 4:00PM Business Wire
May 07, 11:00AM Business Wire
Apr 04, 1:53PM Street Insider
about 54 days ago by gregthor
about 75 days ago by earningscast
Mar 13, 4:00PM Street Insider
Mar 13, 4:00PM Business Wire
Mar 09, 2:27PM Business Wire
about 80 days ago by XiATH
Feb 08, 9:25AM Business Wire
about 110 days ago by contrarian1
Feb 07, 11:05AM Street Insider
Feb 06, 4:00PM Business Wire
Jan 10, 11:00AM Business Wire
Jan 04, 12:18PM Street Insider
about 144 days ago by _TheBlackSwan_
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BMTI | 2.43 | +0.02 | +0.83% | 68.36M |
| BMRN | 38.64 | +0.13 | +0.34% | 4.468B |
| BMJ | 0.93 | +0.00 | +0.00% | |
| BMI | 36.69 | -0.25 | -0.68% | 550.35M |
| BMC | 43.69 | +0.72 | +1.68% | 7.175B |
| BMA | 13.46 | -0.33 | -2.39% | 785.12M |
| BLX | 19.14 | -0.08 | -0.42% | 540.90M |
| BLV | 93.83 | +0.41 | +0.44% | |
| BLTI | 2.42 | +0.06 | +2.54% | 74.27M |
| BLT | 13.53 | -0.11 | -0.81% | 662.16M |
