Consolidated Graphics (CGX)
Consolidated Graphics Tangible Common Equity Ratio: 36.43%
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CGX Tangible Common Equity Ratio Rankings
| Overall | 49th percentile | 2203 of 4385 |
| Sector | 47th percentile | 447 of 852 in Services |
| Industry | 46th percentile | 49 of 91 in Business Services |
CGX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 18.93% | Mar 2008 |
| Maximum | 46.12% | Jun 2007 |
| Average | 31.85% |
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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CGX News
May 09, 4:34PM Fox Business
about 19 days ago by earningscast
about 19 days ago by TradeBot
May 09, 7:54AM Street Insider
May 09, 7:30AM PR Newswire
Apr 19, 9:10AM PR Newswire
Apr 19, 9:03AM PR Newswire
Apr 12, 1:20PM PR Newswire
about 66 days ago by RecogniaEvents
Feb 29, 10:39AM PR Newswire
about 110 days ago by earningscast
Feb 08, 8:21AM Street Insider
Feb 08, 6:45AM Benzinga
Feb 01, 7:30AM PR Newswire
Jan 31, 10:30AM PR Newswire
about 166 days ago by eyeonequities
Nov 07, 10:49AM PR Newswire
about 299 days ago by Benzinga
about 572 days ago by OptionRadar
about 616 days ago by GeoffGannon
about 640 days ago by GeoffGannon
about 641 days ago by JGomez13
about 641 days ago by annveena
about 833 days ago by FibLine
about 833 days ago by FibLine
about 1145 days ago by StockTiger
about 1146 days ago by StockTiger
about 1147 days ago by StockTiger
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CGX | 28.56 | -0.20 | -0.70% | 292.45M |
| CELL | 4.93 | -0.07 | -1.40% | 340.52M |
| CELG | 68.90 | -1.01 | -1.44% | 30.23B |
| CEL | 7.55 | -0.07 | -0.92% | 751.07M |
| COP | 52.11 | -0.03 | -0.06% | 66.68B |
| COOL | 2.08 | +0.02 | +0.97% | 85.97M |
| COO | 85.53 | -0.21 | -0.24% | 4.093B |
| CONN | 17.71 | -0.04 | -0.23% | 566.19M |
| CONG | 50.80 | +0.04 | +0.08% | |
| COMV | 1.74 | +0.00 | +0.00% | 47.87M |