Dendreon Corporation (DNDN)
Dendreon Corporation Tangible Common Equity Ratio: 29.68%
View DNDN 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
DNDN Tangible Common Equity Ratio Rankings
| Overall | 57th percentile | 1873 of 4385 |
| Sector | 66th percentile | 168 of 504 in Healthcare |
| Industry | 70th percentile | 47 of 160 in Biotechnology |
DNDN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 9.36% | Sep 2008 |
| Maximum | 82.90% | Jun 2010 |
| Average | 40.59% |
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 DNDN related companies
DNDN News
about 3 days ago by bradloncar
about 4 days ago by StockTiger
about 5 days ago by mitrado
about 5 days ago by bigbadbroker
May 23, 10:50AM Street Insider
May 23, 8:53AM Street Insider
May 23, 7:51AM Street Insider
about 6 days ago by mitrado
May 22, 5:21PM Street Insider
about 6 days ago by ChasinCheddar
about 7 days ago by mitrado
about 7 days ago by rtoretzky
about 8 days ago by Bleedblue
about 11 days ago by OysterX
May 18, 11:01AM Street Insider
about 11 days ago by mitrado
May 17, 11:20AM Street Insider
about 12 days ago by OysterX
about 12 days ago by mitrado
about 12 days ago by DoinWerk
about 12 days ago by TradeBot
May 17, 9:33AM Street Insider
about 12 days ago by mitrado
May 17, 1:20AM Seeking Alpha
May 16, 6:35PM Street Insider
May 16, 6:00PM Business Wire
May 16, 5:16PM Street Insider
May 11, 7:14PM Seeking Alpha
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DNDN | 7.11 | -0.11 | -1.52% | 1.094B |
| END | 6.43 | +0.05 | +0.78% | 245.63M |
| ENB | 39.42 | -0.42 | -1.05% | 30.83B |
| ENA | 0.1097 | -0.00 | -0.27% | 4.691M |
| EMN | 47.62 | +0.62 | +1.32% | 6.569B |
| EMITF | 2.20 | +0.00 | +0.00% | 54.76M |
| EMIF | 29.85 | +0.23 | +0.79% | |
| EMI | 13.53 | +0.05 | +0.37% | |
| EMFN | 21.58 | -0.26 | -1.19% | |
| EMF | 16.59 | -0.05 | -0.30% |