Centrais Eletricas Brasileiras S.A. - Eletrobras (EBR)
Centrais Eletricas Brasileiras S.A. - Eletrobras Tangible Common Equity Ratio: 46.54%
View EBR 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
EBR Tangible Common Equity Ratio Rankings
| Overall | 39th percentile | 2634 of 4385 |
| Sector | 8th percentile | 107 of 117 in Utilities |
| Industry | 7th percentile | 49 of 53 in Electric Utilities |
EBR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -8.08% | Mar 2010 |
| Maximum | 66.02% | Dec 2007 |
| Average | 51.83% |
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 EBR related companies
EBR News
about 75 days ago by jamiemc101
about 75 days ago by jamiemc101
about 94 days ago by sharpshorts
about 145 days ago by TradeIdeasQuant
Nov 23, 11:17AM Wall Street Transcript
Oct 27, 2:16PM Business Wire
about 343 days ago by 1nvestor
about 361 days ago by Bullogic
about 361 days ago by Bullogic
about 475 days ago by abtrader
about 509 days ago by timseymour
about 592 days ago by Simonka
about 593 days ago by unknowntrader1
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EBR | 6.44 | +0.04 | +0.62% | 7.001B |
| EBR.B | 8.71 | +0.28 | +3.32% | 2.312B |
| EBIX | 17.93 | -0.04 | -0.22% | 653.37M |
| EPB | 33.20 | +0.83 | +2.56% | 6.829B |
| EPAY | 18.00 | -0.30 | -1.64% | 652.14M |
| EPAX | 5.12 | -0.01 | -0.19% | 90.06M |
| EP | 28.75 | +0.00 | +0.00% | 22.22B |
| EOS | 10.37 | +0.00 | +0.00% | |
| EONC | 1.11 | +0.00 | +0.00% | 3.186M |
| EOI | 10.40 | +0.00 | +0.00% |
