Charter Communications (CHTR)
Charter Communications Tangible Common Equity Ratio: -98.86%
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CHTR Tangible Common Equity Ratio Rankings
| Overall | 97th percentile | 96 of 4385 |
| Sector | 94th percentile | 47 of 852 in Services |
| Industry | 70th percentile | 6 of 20 in CATV Systems |
CHTR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -302.0% | Jun 2008 |
| Maximum | -81.98% | Dec 2009 |
| Average | -188.0% |
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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CHTR News
about 6 days ago by earningscast
about 15 days ago by gregnb
May 09, 4:34PM Fox Business
about 19 days ago by StockTiger
about 20 days ago by StockTiger
May 08, 3:10PM Seeking Alpha
about 20 days ago by earningscast
May 08, 8:26AM Street Insider
about 26 days ago by bradloncar
about 27 days ago by TradeBot
about 45 days ago by peter25
Apr 12, 8:00AM PR Newswire
Apr 11, 12:04PM PR Newswire
Apr 05, 6:02PM PR Newswire
Apr 03, 4:12PM PR Newswire
about 75 days ago by TunaAmobiSPCIQ
about 89 days ago by earningscast
about 91 days ago by TradeBot
about 91 days ago by earningscast
about 96 days ago by Fadacrowd
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CHTR | 64.27 | +0.06 | +0.09% | 6.460B |
| CHTP | 1.87 | -0.03 | -1.58% | 125.36M |
| 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 |
