Chunghwa Telecom (CHT)
Chunghwa Telecom Tangible Common Equity Ratio: 85.03%
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CHT Tangible Common Equity Ratio Rankings
| Overall | 6th percentile | 4090 of 4385 |
| Sector | 10th percentile | 727 of 814 in Technology |
| Industry | 0th percentile | 19 of 19 in Telecom Services - Domestic |
CHT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 74.38% | Jun 2007 |
| Maximum | 87.48% | Mar 2010 |
| Average | 82.43% |
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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CHT News
Apr 30, 10:36AM Seeking Alpha
Apr 30, 5:18AM PR Newswire
about 38 days ago by TradeIdeasQuant
Feb 22, 1:30PM Seeking Alpha
Feb 22, 5:35AM theflyonthewall.com
Feb 22, 1:55AM PR Newswire
Feb 08, 9:01AM Benzinga
Feb 03, 7:33AM theflyonthewall.com
Jan 16, 1:09PM theflyonthewall.com
Jan 16, 9:40AM PR Newswire
Dec 21, 6:47AM theflyonthewall.com
Dec 05, 12:57PM Wall Street Transcript
Oct 28, 3:25AM PR Newswire
about 275 days ago by 1973Hog
about 321 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CHT | 30.48 | -0.14 | -0.46% | 23.64B |
| CHSP | 17.78 | +0.17 | +0.97% | 571.27M |
| CHSI | 87.63 | +1.29 | +1.49% | 4.403B |
| CHS | 15.16 | +0.06 | +0.40% | 2.539B |
| CHRW | 59.69 | -0.13 | -0.22% | 9.731B |
| CHRS | 7.33 | +0.00 | +0.00% | 854.16M |
| CHRM | 7.28 | +0.08 | +1.11% | 283.77M |
| CHOP | 2.61 | -0.04 | -1.51% | 155.11M |
| CHNR | 6.875 | +0.41 | +6.26% | 171.26M |
| CHN | 20.95 | -0.24 | -1.13% |
