Charles & Colvard (CTHR)
Charles & Colvard Tangible Common Equity Ratio: 95.49%
View CTHR 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
CTHR Tangible Common Equity Ratio Rankings
| Overall | 0th percentile | 4342 of 4385 |
| Sector | 0th percentile | 846 of 852 in Services |
| Industry | 0th percentile | 6 of 6 in Jewelry Stores |
CTHR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 89.64% | Dec 2008 |
| Maximum | 96.55% | Dec 2009 |
| Average | 94.10% |
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 CTHR related companies
CTHR News
May 22, 8:31AM Benzinga
May 15, 8:30AM Business Wire
Apr 26, 8:30AM Business Wire
Apr 19, 4:10PM Business Wire
Feb 23, 8:30AM Business Wire
Feb 16, 8:30AM Business Wire
Nov 15, 9:40AM Street Insider
about 210 days ago by finclyde
Oct 20, 8:28AM Marketwire
Oct 11, 8:28AM Marketwire
about 670 days ago by danshep55
about 725 days ago by Fallond_Picks
about 725 days ago by fallondpicks
about 726 days ago by nirajkrishna
about 761 days ago by Detroitblues
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CTHR | 3.89 | +0.03 | +0.78% | 75.66M |
| CTGX | 12.45 | +0.16 | +1.30% | 230.70M |
| CTFO | 4.55 | -0.09 | -1.94% | 114.98M |
| CTEL | 10.58 | -0.19 | -1.76% | 408.92M |
| CTCT | 20.58 | +0.12 | +0.59% | 622.13M |
| CTCM | 9.35 | -0.10 | -1.06% | 1.471B |
| CTB | 15.21 | -0.25 | -1.62% | 947.58M |
| CTAS | 37.31 | -0.41 | -1.09% | 4.840B |
| CSU | 9.67 | +0.12 | +1.26% | 272.11M |
| CSTR | 60.66 | +1.26 | +2.12% | 1.877B |
