Cleveland BioLabs (CBLI)
Cleveland BioLabs Tangible Common Equity Ratio: 65.77%
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CBLI Tangible Common Equity Ratio Rankings
| Overall | 22nd percentile | 3419 of 4385 |
| Sector | 36th percentile | 321 of 504 in Healthcare |
| Industry | 42nd percentile | 91 of 159 in Biotechnology |
CBLI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -200.3% | Sep 2008 |
| Maximum | 71.64% | Sep 2011 |
| Average | -45.33% |
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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CBLI News
about 27 days ago by MarketBrief
Apr 30, 9:00AM GlobeNewswire
Apr 25, 9:00AM GlobeNewswire
Apr 03, 6:03PM GlobeNewswire
Mar 14, 3:56PM Street Insider
about 92 days ago by ivan_bg
Feb 16, 2:00PM GlobeNewswire
Feb 06, 9:00AM Marketwire
Jan 24, 9:07AM Street Insider
Jan 17, 9:00AM Marketwire
Jan 11, 9:00AM Marketwire
about 144 days ago by EXPstocktrader
about 144 days ago by VexTrades
Oct 19, 9:02AM Benzinga
Oct 03, 9:00AM Marketwire
Sep 26, 8:02AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBLI | 1.30 | +0.09 | +7.44% | 46.29M |
| CBL | 17.54 | -0.02 | -0.11% | 2.606B |
| CBKN | 2.16 | -0.04 | -1.82% | 185.33M |
| 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 |
