Christopher & Banks Corporation (CBK)
Christopher & Banks Corporation Tangible Common Equity Ratio: 53.83%
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CBK Tangible Common Equity Ratio Rankings
| Overall | 32nd percentile | 2954 of 4385 |
| Sector | 27th percentile | 617 of 852 in Services |
| Industry | 60th percentile | 17 of 43 in Apparel Stores |
CBK Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 53.83% | Jan 2012 |
| Maximum | 74.92% | May 2010 |
| Average | 70.30% |
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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CBK News
May 25, 4:34PM Fox Business
about 13 days ago by MarketBrief
May 03, 4:01PM Business Wire
about 40 days ago by divinemike
Apr 17, 4:30PM Business Wire
about 41 days ago by divinemike
about 60 days ago by bradloncar
about 60 days ago by RecogniaEvents
about 61 days ago by earningscast
Mar 27, 4:12PM Street Insider
Mar 27, 4:01PM Business Wire
Mar 06, 7:30AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBK | 1.32 | -0.06 | -4.35% | 47.52M |
| CBIN | 13.13 | +0.19 | +1.47% | 43.59M |
| CBI | 37.12 | -0.53 | -1.41% | 3.628B |
| CEA | 14.45 | -0.10 | -0.69% | 2.769B |
| CE | 40.78 | -0.03 | -0.07% | 6.395B |
| CDZI | 7.89 | -0.21 | -2.59% | 121.82M |
| CDY | 0.7099 | -0.00 | -0.01% | 65.15M |
| CDXS | 3.39 | +0.05 | +1.50% | 122.38M |
| CDTI | 2.63 | +0.22 | +9.13% | 18.99M |
| CCOI | 17.81 | +0.40 | +2.30% | 818.19M |
