CompuCredit Holdings Corporation (CCRT)
CompuCredit Holdings Corporation Tangible Common Equity Ratio: 12.21%
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CCRT Tangible Common Equity Ratio Rankings
| Overall | 72nd percentile | 1221 of 4385 |
| Sector | 48th percentile | 446 of 871 in Financial |
| Industry | 58th percentile | 13 of 31 in Credit Services |
CCRT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 3.39% | Jun 2010 |
| Maximum | 45.77% | Mar 2009 |
| Average | 24.12% |
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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CCRT News
May 01, 4:30PM Marketwire
about 205 days ago by HottingerEZone
about 336 days ago by SharePlanner
about 440 days ago by biggercapital
about 440 days ago by biggercapital
about 509 days ago by marketfolly
about 614 days ago by marketfolly
about 626 days ago by marketfolly
about 774 days ago by RobTheStreet
about 774 days ago by Detroitblues
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CCRT | 4.00 | +0.17 | +4.44% | 87.80M |
| CCOI | 17.81 | +0.40 | +2.30% | 818.19M |
| CCF | 11.72 | +0.05 | +0.43% | 105.95M |
| CCE | 27.57 | +0.09 | +0.33% | 8.280B |
| CCC | 13.52 | -0.23 | -1.67% | 768.48M |
| CCBG | 6.76 | +0.08 | +1.20% | 116.14M |
| CCA | 11.93 | +0.00 | +0.00% | |
| 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 |
