Dolby Laboratories (DLB)
Dolby Laboratories Tangible Common Equity Ratio: 88.17%
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DLB Tangible Common Equity Ratio Rankings
| Overall | 4th percentile | 4195 of 4385 |
| Sector | 6th percentile | 760 of 814 in Technology |
| Industry | 10th percentile | 43 of 48 in Diversified Electronics |
DLB Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 66.48% | Dec 2007 |
| Maximum | 88.37% | Jun 2011 |
| Average | 80.64% |
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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DLB News
about 7 days ago by Fibline
about 7 days ago by chessNwine
May 18, 1:09PM PR Newswire
May 18, 12:00PM Business Wire
May 10, 12:00PM Business Wire
May 08, 12:25PM Benzinga
about 23 days ago by samfarahan
about 23 days ago by abubnic
about 24 days ago by MaddStocks
about 24 days ago by TradeBot
May 04, 1:30PM Street Insider
May 04, 11:31AM Street Insider
May 04, 9:00AM Street Insider
May 04, 6:04AM theflyonthewall.com
May 03, 10:40PM Seeking Alpha
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DLB | 43.96 | -0.04 | -0.09% | 4.777B |
| CVGW | 28.08 | +0.08 | +0.29% | 414.74M |
| CVGI | 8.78 | -0.17 | -1.90% | 255.15M |
| CVG | 13.98 | +0.09 | +0.65% | 1.623B |
| CVE | 31.45 | -0.18 | -0.57% | 23.71B |
| CVD | 46.55 | +0.45 | +0.98% | 2.649B |
| CVCY | 7.50 | +0.45 | +6.38% | 71.92M |
| CVCO | 43.46 | -0.90 | -2.03% | 299.44M |
| CVC | 11.66 | +0.00 | +0.00% | 3.198B |
| CTRN | 14.11 | -0.19 | -1.33% | 210.94M |
