Cincinnati Bell (CBB)
Cincinnati Bell Tangible Common Equity Ratio: -61.90%
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CBB Tangible Common Equity Ratio Rankings
| Overall | 96th percentile | 169 of 4385 |
| Sector | 95th percentile | 34 of 814 in Technology |
| Industry | 78th percentile | 4 of 19 in Telecom Services - Domestic |
CBB Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -66.63% | Jun 2010 |
| Maximum | -39.23% | Mar 2010 |
| Average | -57.10% |
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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CBB News
May 08, 9:56AM Business Wire
May 04, 9:41AM theflyonthewall.com
about 24 days ago by TradeBot
about 25 days ago by earningscast
about 25 days ago by bradloncar
Apr 24, 5:26PM Business Wire
Apr 18, 9:07AM Business Wire
Apr 18, 8:00AM PR Newswire
Apr 17, 3:00PM Business Wire
about 62 days ago by ChartMill
about 63 days ago by ChartMill
Mar 26, 9:49AM theflyonthewall.com
Mar 20, 11:26AM Business Wire
about 73 days ago by MarketBrief
about 88 days ago by bradloncar
about 92 days ago by Stocktrader45
about 104 days ago by bradloncar
about 109 days ago by earningscast
about 109 days ago by bradloncar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBB | 3.49 | +0.06 | +1.75% | 687.53M |
| CBAN | 5.16 | +0.66 | +14.67% | 43.55M |
| CBAK | 0.699 | +0.01 | +1.45% | 44.61M |
| CB | 71.75 | -0.35 | -0.49% | 19.40B |
| BTM | 12.01 | +0.19 | +1.61% | 1.600B |
| BTI | 95.46 | -0.18 | -0.19% | |
| BTH | 75.51 | +0.21 | +0.28% | 620.59M |
| BTFG | 1.90 | -0.05 | -2.56% | 34.10M |
| BSX | 5.87 | -0.04 | -0.68% | 8.516B |
| BSV | 81.08 | +0.05 | +0.06% |
