Brightpoint (CELL)
Brightpoint Tangible Common Equity Ratio: 8.71%
View CELL 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
CELL Tangible Common Equity Ratio Rankings
| Overall | 76th percentile | 1009 of 4385 |
| Sector | 72nd percentile | 235 of 852 in Services |
| Industry | 91st percentile | 1 of 12 in Electronics Wholesale |
CELL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 4.15% | Dec 2010 |
| Maximum | 21.92% | Jun 2007 |
| Average | 10.61% |
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 CELL related companies
CELL News
May 14, 5:00PM GlobeNewswire
about 15 days ago by ronin245
May 09, 8:00AM GlobeNewswire
May 08, 8:08AM Benzinga
May 07, 8:00AM GlobeNewswire
about 25 days ago by MicroInsider
about 26 days ago by MarketBrief
May 01, 4:32PM Fox Business
about 31 days ago by TradeBot
Apr 25, 8:04AM Street Insider
Apr 18, 8:04AM Street Insider
Apr 13, 8:00AM GlobeNewswire
Apr 12, 4:15PM GlobeNewswire
about 54 days ago by MarketBrief
about 55 days ago by MarketBrief
about 56 days ago by MarketBrief
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 61 days ago by MarketBrief
about 62 days ago by MarketBrief
about 63 days ago by MarketBrief
about 66 days ago by MarketBrief
Mar 21, 8:00AM GlobeNewswire
about 68 days ago by michaelgmoore
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CELL | 4.93 | -0.07 | -1.40% | 340.52M |
| CF | 166.56 | -1.52 | -0.90% | 10.91B |
| CEVA | 15.98 | +0.39 | +2.50% | 371.22M |
| CEV | 13.79 | -0.01 | -0.07% | |
| CETV | 5.98 | -0.14 | -2.29% | 385.05M |
| CET | 20.35 | +0.00 | +0.00% | |
| CERS | 3.49 | -0.06 | -1.69% | 189.19M |
| CERN | 79.01 | -0.36 | -0.45% | 13.41B |
| CNGL | 0.3801 | +0.00 | +0.00% | 14.03M |
| CNET | 0.68 | -0.00 | -0.29% | 15.06M |
