Coleman Cable (CCIX)
Coleman Cable Tangible Common Equity Ratio: -14.28%
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CCIX Tangible Common Equity Ratio Rankings
| Overall | 89th percentile | 450 of 4385 |
| Sector | 89th percentile | 32 of 317 in Industrial Goods |
| Industry | 88th percentile | 5 of 43 in Industrial Electrical Equipment |
CCIX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -25.45% | Jun 2009 |
| Maximum | -11.46% | Mar 2011 |
| Average | -18.81% |
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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CCIX News
May 09, 9:59AM Street Insider
about 25 days ago by StockOperator
about 25 days ago by StockOperator
about 26 days ago by StockOperator
May 02, 1:26PM GlobeNewswire
about 52 days ago by MarketBrief
Mar 12, 4:05PM GlobeNewswire
Dec 01, 5:33PM Street Insider
Nov 03, 4:05PM GlobeNewswire
about 297 days ago by Jokes21
about 313 days ago by Maysn613
about 323 days ago by traderdigs
about 327 days ago by FinanceTrends
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CCIX | 9.03 | +0.27 | +3.08% | 157.57M |
| CAP | 18.82 | -0.02 | -0.11% | 363.23M |
| CAMT | 2.25 | +0.08 | +3.69% | 66.87M |
| CAMP | 6.02 | +0.01 | +0.17% | 172.89M |
| CAM | 47.94 | +0.21 | +0.44% | 11.80B |
| CALX | 7.80 | -0.06 | -0.76% | 373.23M |
| CALM | 36.51 | -0.20 | -0.54% | 871.49M |
| CALL | 16.89 | +0.08 | +0.48% | 367.02M |
| CALI | 0.53 | +0.00 | +0.00% | 11.74M |
| CALD | 5.44 | +0.23 | +4.41% | 188.22M |
