Cardtronics (CATM)
Cardtronics Tangible Common Equity Ratio: -72.72%
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CATM Tangible Common Equity Ratio Rankings
| Overall | 96th percentile | 138 of 4385 |
| Sector | 93rd percentile | 54 of 852 in Services |
| Industry | 86th percentile | 12 of 91 in Business Services |
CATM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -225.4% | Sep 2007 |
| Maximum | -69.46% | Jun 2011 |
| Average | -119.1% |
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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CATM News
about 11 days ago by ivan_bg
about 11 days ago by ycharts
May 16, 10:35AM GlobeNewswire
about 16 days ago by StockTwits50
about 18 days ago by StockTwits50
May 07, 5:00PM GlobeNewswire
about 25 days ago by MarketBrief
about 26 days ago by freefdawatchlistcom
about 27 days ago by TradeBot
about 27 days ago by TradeBot
Apr 30, 5:58PM Street Insider
about 28 days ago by ivanhoff
about 28 days ago by earningscast
about 44 days ago by robertfreedland
about 45 days ago by MarketBrief
Apr 09, 9:52AM GlobeNewswire
about 54 days ago by TradeIdeasQuant
about 54 days ago by TradeIdeasQuant
Feb 02, 5:12PM Street Insider
Feb 02, 4:13PM GlobeNewswire
Jan 23, 10:27AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CATM | 28.16 | -0.26 | -0.91% | 1.240B |
| CAT | 89.94 | -1.48 | -1.62% | 58.24B |
| CASY | 57.19 | +0.75 | +1.33% | 2.177B |
| CAST | 4.24 | +0.00 | +0.00% | 207.72M |
| CASS | 37.50 | -0.38 | -1.00% | 389.25M |
| CASM | 2.04 | +0.03 | +1.50% | 27.76M |
| CASH | 20.50 | -0.14 | -0.68% | 65.40M |
| CASC | 49.03 | +0.73 | +1.51% | 543.25M |
| CASB | 0.4455 | +0.00 | +0.00% | |
| BVN | 38.71 | +0.22 | +0.57% | 9.849B |