Central Garden & Pet Company (CENT)

9.15 +0.00  +0.00%  May 25, 11:00PM Go Pro
You must be signed in to use watchlists.
Sign In or Register
Watch this stock

Central Garden & Pet Company Tangible Common Equity Ratio: 16.18%

Get Interactive Chart for

View CENT Tangible Common Equity Ratio with YCharts Pro.




Start My 14-Day Free Trial We respect your privacy. We will never share your email address.
document.write('');

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
and much more...

CENT Tangible Common Equity Ratio Rankings

Overall 68th percentile 1360 of 4385
Sector 67th percentile 124 of 381 in Consumer Goods
Industry 58th percentile 5 of 12 in Food - Major Diversified

CENT Tangible Common Equity Ratio Range, Past 5 Years

Minimum 8.22% Sep 2007
Maximum 28.51% Jun 2010
Average 21.27%

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 CENT related companies

Display in Live Stream: Done
Options

CENT News

$CENT Insider Sale: $1.5M of stock sold by Pennington Brooks Iii between May 7, 2012 - May 9, 2012 http://stks.co/3ksK
about 19 days ago by MarketBrief
$CENT filed latest Quarterly Report http://stks.co/3eqY
about 25 days ago by MarketBrief
Central Garden & Pet (CENT) halted, news pending
May 02, 4:02PM Street Insider
$CENT Reports Q1 EPS $(0.16) vs $(0.26) Est; Revenues $302.1M vs $289.71M Est
about 117 days ago by Benzinga
$CENT filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1qaZ
about 140 days ago by MarketBrief
$CENT filed latest Annual Report http://stks.co/1D6v
about 189 days ago by MarketBrief
Bulldozers, dog bones, corn - my happiness today $CAT $CORN $CENT (the three C's!) - what does this say?
about 230 days ago by meltedcheese
$CENT - back to b/e on my dogbone co. lol
about 231 days ago by meltedcheese
Sick of all the b.s., BOT a company that makes edible dog bones, tiny volume. Seems appropriate. $CENT
about 236 days ago by meltedcheese
$CENT Central Garden & Pet Reports Q3 EPS $0.31 vs $0.47 Est; Revenues $484.3M vs $488.68M Est
about 299 days ago by Benzinga
$CENT Cnetral Garden & Pet Halted, Pending News
about 299 days ago by Benzinga
22 breakouts: $CBEY (gap + 200-day MA), $FUN, $CENT (gap), $CPA (gap), $ERTS (gap), $QLTY (gap), $ROST (gap), $MW (gap), $TW (gap)
about 389 days ago by fallondpicks
`Buy' Signals Flash With Plunge in Confidence: Commentary by John Dorfman - Bloomberg http://stk.ly/9JUwwd $TOL $JNY $CENT
about 665 days ago by ARupdates
@lindsaycampbell great point although he probably didn't want to de-value da "cent" brand with US currency on both sides $cent$
about 905 days ago by NickyChips
Closed medium-term swing trade position in $CENT(-17.25%)
about 944 days ago by rcline_jr
Navellier: Central Garden & Pet ($CENT), PetMed Express ($PET) and More Ways to Make Money from Fido http://bit.ly/4yHDzu
about 949 days ago by NASDAQ
Windpower generation priced less than 1 $cent/kWh. http://tinyurl.com/pv4clr http://www.windoperationsworldwide.eu/en [open for investments]
about 954 days ago by aquaculture1
$CENT, saucer on the one day chart.
about 977 days ago by teevee
Movers in my portfolios today. Up >5%: $FIT $PWRD $ACLI; Dn >5%: $CENT
about 978 days ago by rcline_jr
$CENT testing ATR stop and 50day moving average at $11.92. Two period RSI currently at 1. $$
about 1001 days ago by TheKirkReport
Bought $CENT $AHD $SSP $NLS $CLZR
about 1022 days ago by trevorjohn
$CENT will be on the radar tomorrow A.M. due to tonight's earnings report.
about 1027 days ago by TheKirkReport
Watching $CENT closely on this pullback. Would love to see a print below $11 to fill the gap.
about 1029 days ago by TheKirkReport
Opened mid-term bullish swing trade portfolio: $cent $cyou $dwa $kirk $med $novn $pwrd $rhb $uta $yzc
about 1042 days ago by rcline_jr

Recent Quotes

Symbol Price Chg Chg % Market Cap
CENT 9.15 +0.00 +0.00% 439.57M
CEM 21.26 +0.34 +1.63%
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
You must be signed in to use watchlists.
Sign In or Register
Create Watchlist from Stock Quotes
Close