Benihana (BNHN)
Benihana Tangible Common Equity Ratio: 74.92%
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BNHN Tangible Common Equity Ratio Rankings
| Overall | 14th percentile | 3763 of 4385 |
| Sector | 7th percentile | 784 of 852 in Services |
| Industry | 6th percentile | 44 of 47 in Restaurants |
BNHN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 55.64% | Dec 2008 |
| Maximum | 77.07% | Sep 2011 |
| Average | 62.02% |
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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BNHN News
May 22, 3:39PM Street Insider
May 22, 11:26AM Street Insider
about 6 days ago by bradloncar
May 22, 10:45AM Street Insider
May 22, 9:31AM Street Insider
about 6 days ago by lamonicabuzz
about 6 days ago by StockTwits
about 6 days ago by Street_Insider
May 22, 8:16AM Street Insider
Mar 26, 4:15PM PR Newswire
about 66 days ago by TraderFoxxx
about 67 days ago by TraderFoxxx
about 74 days ago by TraderFoxxx
about 74 days ago by RecogniaEvents
about 75 days ago by bradloncar
about 75 days ago by lamonicabuzz
Mar 13, 3:36PM Street Insider
about 131 days ago by lamonicabuzz
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BNHN | 16.13 | +0.00 | +0.00% | 288.40M |
| BMRN | 38.64 | +0.13 | +0.34% | 4.468B |
| BMR | 18.25 | -0.17 | -0.92% | 2.815B |
| BMO | 52.99 | -0.73 | -1.36% | 33.94B |
| BMJ | 0.93 | +0.00 | +0.00% | |
| BLC | 5.85 | -0.03 | -0.51% | 608.52M |
| BKYF | 23.80 | -0.23 | -0.96% | 177.31M |
| BKT | 7.52 | +0.00 | +0.00% | |
| BKSC | 11.64 | +0.19 | +1.66% | 51.80M |
| BKS | 17.23 | +0.19 | +1.11% | 1.037B |
