Chesapeake Energy Corporation (CHK)
Chesapeake Energy Corporation Tangible Common Equity Ratio: 34.73%
View CHK 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
CHK Tangible Common Equity Ratio Rankings
| Overall | 51st percentile | 2108 of 4385 |
| Sector | 71st percentile | 145 of 510 in Basic Materials |
| Industry | 73rd percentile | 25 of 93 in Independent Oil & Gas |
CHK Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 25.22% | Jun 2008 |
| Maximum | 42.78% | Dec 2008 |
| Average | 35.82% |
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 CHK related companies
CHK News
about 14 hours ago by zimmy818
about 23 hours ago by howardlindzon
about 23 hours ago by StockTwits
about a day ago by abnormalreturns
about 2 days ago by bt24_7
about 2 days ago by bt24_7
about 2 days ago by bt24_7
about 2 days ago by bt24_7
about 2 days ago by bt24_7
about 2 days ago by bt24_7
about 2 days ago by bt24_7
about 2 days ago by sspencer_smb
about 3 days ago by bt24_7
about 3 days ago by Vegastrader
about 3 days ago by fundy_mental
about 3 days ago by MinervasMomma
about 3 days ago by swordoflongfell
about 3 days ago by swordoflongfell
about 3 days ago by zimmy818
May 25, 4:21PM Benzinga
May 24, 5:47PM Street Insider
May 24, 4:26PM Street Insider
May 24, 3:39PM Street Insider
May 23, 4:05PM Street Insider
May 22, 12:29PM Street Insider
May 22, 10:53AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CHK | 15.81 | +0.23 | +1.48% | 10.47B |
| CHIX | 10.07 | -0.14 | -1.37% | |
| CHI | 11.99 | +0.07 | +0.59% | |
| CHH | 36.08 | -0.27 | -0.74% | 2.096B |
| CNP | 20.18 | +0.15 | +0.75% | 8.603B |
| CNO | 6.72 | -0.06 | -0.89% | 1.628B |
| CNMD | 27.23 | -0.10 | -0.37% | 762.71M |
| CNL | 40.93 | +0.25 | +0.61% | 2.489B |
| CNIT | 1.08 | -0.03 | -2.70% | 29.80M |
| CNI | 81.06 | -0.91 | -1.11% | 35.69B |