Comcast Corporation (CMCSA)
Comcast Corporation Tangible Common Equity Ratio: -104.8%
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CMCSA Tangible Common Equity Ratio Rankings
| Overall | 97th percentile | 90 of 4385 |
| Sector | 94th percentile | 44 of 852 in Services |
| Industry | 80th percentile | 4 of 20 in CATV Systems |
CMCSA Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -114.9% | Mar 2011 |
| Maximum | -82.05% | Dec 2010 |
| Average | -104.0% |
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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CMCSA News
May 25, 10:27AM Street Insider
May 25, 10:11AM Street Insider
about 3 days ago by lamonicabuzz
May 24, 9:45AM Street Insider
about 5 days ago by laughing_stock
about 7 days ago by lamonicabuzz
about 7 days ago by david_putnam
May 17, 2:31PM Street Insider
about 11 days ago by irwebreport
May 17, 10:00AM PR Newswire
about 14 days ago by laughing_stock
about 16 days ago by BaselineAce
about 17 days ago by irwebreport
about 18 days ago by FASTgraphs
about 21 days ago by irwebreport
about 21 days ago by irwebreport
about 21 days ago by Finster947
about 25 days ago by bradloncar
about 26 days ago by STtech
about 26 days ago by TMXmoney
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CMCSA | 28.85 | -0.08 | -0.28% | 78.07B |
| CL | 98.80 | -0.33 | -0.33% | 47.38B |
| CKX | 12.53 | -0.07 | -0.56% | 24.31M |
| CKSW | 8.80 | +0.12 | +1.38% | 269.54M |
| CKH | 86.53 | -0.62 | -0.71% | 1.813B |
| CKEC | 14.40 | -0.15 | -1.03% | 186.77M |
| CJJD | 0.97 | +0.00 | +0.41% | 13.12M |
| CJES | 18.58 | +0.23 | +1.25% | 964.12M |
| CIX | 13.07 | +0.07 | +0.54% | 161.94M |
| CITZ | 5.38 | +0.06 | +1.13% | 58.75M |
