Centene Corporation (CNC)

37.30 +1.19  +3.30%  May 25, 11:00PM Go Pro
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Centene Corporation Tangible Common Equity Ratio: 33.97%

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CNC Tangible Common Equity Ratio Rankings

Overall 52nd percentile 2073 of 4385
Sector 63rd percentile 184 of 504 in Healthcare
Industry 28th percentile 10 of 14 in Health Care Plans

CNC Tangible Common Equity Ratio Range, Past 5 Years

Minimum 23.47% Mar 2009
Maximum 34.91% Sep 2010
Average 29.36%

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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CNC News

Possible retest of lost EMA200 will offer a good entry in short position $CNC http://chart.ly/vmd8322
about 22 days ago by CubanMark
Wachlist 30.04 $HAR $WPI $SUN $BKS $AH $XOM $HUM $WDC $STX $CVH $CNC $UPS $CLF
about 28 days ago by NaGgano
$CNC look for more downside if longs can't hold 40 handle, full resets at $30
about 29 days ago by HighGrowthFinancial
CENTENE CORP Financials
Apr 28, 1:04PM
Quant modell indicates a 4 - 1 chance for $CNC not closing above 42.66 today. Now trading at 42.04 or -6.3%
about 34 days ago by TradeBot
$CNC is 10.4% up since open and 1.2% up since close.
about 34 days ago by TradeBot
Watchin $HSY for a nice clean 66 hold for L. $X watch 28. $LXK looks bearish. $CNC has ben holding 42. $BIG watch for retrace SS to 36
about 34 days ago by TheArmoTrader
Centene Misses Where It Counts
Apr 24, 11:19AM Fool
Listen to $CNC Q1 2012 earnings call - live at 08:30 AM, ondemand after - http://stks.co/3Tf2
about 34 days ago by earningscast
Barrons| As Medicaid rolls increase, shares of $CNC and $AGP should bounce back. http://stks.co/3SHI
about 35 days ago by abubnic
$CNC was on IBD institutional buyers list today ahead of 4/23 earnings. Barrons also says $CNC is a big beneficiary of Medicaid.
about 38 days ago by abubnic
$CNC taken down hard after loss of contract. I sold my shares. Is it actually good buying opportunity?
about 44 days ago by robertfreedland
News related to $CNC, currently +0.3% since open: 'New judge appointed for Mo. Medicaid lawsuit' http://stks.co/3L0l
about 45 days ago by TradeBot
Not time to play heavy on upside. Small positions & 2% stop below purchase price. Here is best Signal Killers I see: $PATK $CELG $WCG $CNC
about 46 days ago by Genyko
$CNC Downside Blowoff - 15 Minute Up Reversal - Green bar after 7 lower highs and lower lows
about 48 days ago by TradeIdeasQuant
$CNC is -5.2% down since open on unusual high volume and -5.4% down since close.
about 48 days ago by TradeBot
Awsme RT @Sector_Trends: Weekly IBD group and sector rotation analysis posted http://stks.co/3G67 $QCOR $PRXL $WCG $CNC $SLXP $ACHN $VRX
about 50 days ago by purecharger
Looking good are $MHS, $CNC, $UMPQ, $OZRK, $URI
about 61 days ago by jmmccargar
$CNC breaking higher
about 63 days ago by AltecBX
Watch List : $EGLE $KOG $SVM $AUQ $A $JRCC $DFT $CNC $IO $TWX $GRVY $EXR $WTI $AXAS
about 64 days ago by Trade4Me
$CNC forms bearish "Head and Shoulders Top" chart pattern. http://stks.co/2yhE
about 69 days ago by RecogniaEvents
$CNC http://stks.co/2vxV Couldn't hold 50d support Friday and closed on lows near recent consolidation support.
about 70 days ago by TheEquitiesRoom
EBR: Watchlist/worksheet/3 Trading Ideas: $CLR $CRR $CNC $RTK http://stks.co/2vwE
about 70 days ago by TheEquitiesRoom
Weak close/downside range break watch for tmrw: $ADTN $IDIX $CNC
about 71 days ago by TheEquitiesRoom
Trading down to 50d Moving Average: $SWC $KMP $EGN $MON $FLIR $AVP $JEC $OFC $RBA $CNC $QEP $FWLT
about 77 days ago by TheEquitiesRoom
Keep an eye on $CNC as it consolidates just below that key $50 level. Stocks like to break out here.
about 90 days ago by DarvasTrader
$CNC http://stks.co/2OPO
about 104 days ago by akka

Recent Quotes

Symbol Price Chg Chg % Market Cap
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