DTS (DTSI)
DTS Tangible Common Equity Ratio: 90.46%
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DTSI Tangible Common Equity Ratio Rankings
| Overall | 2nd percentile | 4259 of 4385 |
| Sector | 3rd percentile | 789 of 814 in Technology |
| Industry | 1st percentile | 82 of 83 in Application Software |
DTSI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 84.88% | Dec 2010 |
| Maximum | 92.69% | Sep 2008 |
| Average | 89.15% |
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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DTSI News
about 19 days ago by RecogniaEvents
about 21 days ago by earningscast
Apr 24, 8:00PM Business Wire
Apr 18, 12:11PM PR Newswire
about 42 days ago by Street_Insider
Apr 17, 7:31AM Street Insider
Apr 16, 8:00AM Business Wire
Apr 16, 8:00AM Business Wire
Apr 16, 8:00AM Business Wire
Apr 16, 8:00AM Business Wire
Apr 16, 8:00AM Business Wire
about 96 days ago by earningscast
about 96 days ago by Benzinga
about 222 days ago by GlennBusch
about 293 days ago by veryFatcat
about 505 days ago by StockTwits
about 569 days ago by themeatbaron
about 683 days ago by NASDAQ
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DTSI | 28.07 | +0.30 | +1.08% | 464.56M |
| DTLK | 10.04 | +0.33 | +3.40% | 179.72M |
| DTH | 34.30 | -0.08 | -0.23% | |
| DTG | 80.37 | +3.20 | +4.15% | 2.262B |
| DTE | 56.56 | +0.11 | +0.19% | 9.618B |
| DNDN | 7.11 | -0.11 | -1.52% | 1.094B |
| DND | 57.50 | -0.53 | -0.91% | |
| DNB | 67.14 | +0.34 | +0.51% | 3.204B |
| DMRC | 24.94 | +0.10 | +0.40% | 177.07M |
| DMO | 22.08 | +0.01 | +0.05% |
