Consolidated Water (CWCO)
Consolidated Water Tangible Common Equity Ratio: 85.54%
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CWCO Tangible Common Equity Ratio Rankings
| Overall | 6th percentile | 4111 of 4385 |
| Sector | 0th percentile | 117 of 117 in Utilities |
| Industry | 0th percentile | 11 of 11 in Water Utilities |
CWCO Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 77.64% | Jun 2008 |
| Maximum | 85.54% | Mar 2012 |
| Average | 81.00% |
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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CWCO News
May 10, 5:07PM Marketwire
May 04, 8:28AM Marketwire
Apr 20, 4:15PM Marketwire
Mar 22, 9:45AM Marketwire
Mar 16, 3:57PM Street Insider
Mar 09, 8:28AM Marketwire
Mar 05, 4:57AM Benzinga
about 90 days ago by cc78653
about 152 days ago by DynamicDividend
Dec 12, 8:29AM Street Insider
Nov 02, 7:28AM Marketwire
about 223 days ago by fallondpicks
Sep 12, 8:28AM Street Insider
about 483 days ago by chartly
about 484 days ago by fallondpicks
about 516 days ago by groditi
about 657 days ago by Detroitblues
about 712 days ago by stockerblog
about 724 days ago by groditi
about 1020 days ago by geckojb
about 1076 days ago by geckojb
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CWCO | 7.59 | -0.12 | -1.56% | 110.59M |
| CWBC | 2.52 | +0.00 | +0.00% | 15.09M |
| CW | 31.10 | -0.58 | -1.83% | 1.455B |
| CVY | 20.87 | -0.01 | -0.05% | |
| CVX | 98.86 | -1.20 | -1.20% | 195.44B |
| CVVT | 1.47 | +0.03 | +2.08% | 53.10M |
| CVU | 14.74 | -0.01 | -0.07% | 102.44M |
| CVTI | 3.67 | +0.29 | +8.58% | 54.02M |
| CVS | 44.98 | -0.19 | -0.42% | 58.77B |
| CPT | 65.29 | -0.36 | -0.55% | 5.145B |