CBIZ (CBZ)
CBIZ Tangible Common Equity Ratio: -47.33%
View CBZ Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
CBZ Tangible Common Equity Ratio Rankings
| Overall | 95th percentile | 218 of 4385 |
| Sector | 89th percentile | 87 of 852 in Services |
| Industry | 81st percentile | 17 of 91 in Business Services |
CBZ Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -59.64% | Dec 2010 |
| Maximum | 2.73% | Sep 2007 |
| Average | -31.03% |
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.
Learn More
You may also be interested in these CBZ related companies
CBZ News
about 33 days ago by earningscast
about 53 days ago by MarketBrief
about 102 days ago by earningscast
Dec 22, 5:44PM Street Insider
Dec 22, 5:38PM PR Newswire
about 330 days ago by harmongreg
about 349 days ago by chessNwine
about 354 days ago by SharePlanner
about 374 days ago by AcuStarTool
about 376 days ago by Fibline
about 379 days ago by harmongreg
about 395 days ago by harmongreg
about 406 days ago by StockTwits
about 407 days ago by harmongreg
about 407 days ago by harmongreg
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBZ | 5.76 | -0.05 | -0.86% | 288.58M |
| CASB | 0.4455 | +0.00 | +0.00% | |
| CAS | 11.02 | +0.19 | +1.75% | 253.57M |
| CARVD | 4.28 | +0.27 | +6.73% | |
| CARV | 4.28 | +0.27 | +6.73% | 15.79M |
| CART | 2.77 | -0.06 | -2.12% | 7.008M |
| CARB | 7.68 | -1.61 | -17.33% | 234.48M |
| CAR | 14.83 | +0.33 | +2.28% | 1.565B |
| CAP | 18.82 | -0.02 | -0.11% | 363.23M |
| BXC | 2.51 | -0.09 | -3.46% | 159.96M |
