EDGAR Online (EDGR)
EDGAR Online Tangible Common Equity Ratio: -283.5%
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EDGR Tangible Common Equity Ratio Rankings
| Overall | 99th percentile | 20 of 4385 |
| Sector | 98th percentile | 12 of 852 in Services |
| Industry | 97th percentile | 2 of 91 in Business Services |
EDGR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -283.5% | Mar 2012 |
| Maximum | 23.00% | Sep 2011 |
| Average | -38.54% |
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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EDGR News
May 22, 10:45AM Street Insider
May 22, 9:31AM Street Insider
May 22, 9:27AM Street Insider
May 08, 8:00AM Business Wire
Apr 26, 8:00AM Business Wire
about 85 days ago by helms83
about 86 days ago by MarkeScope
about 86 days ago by MarkeScope
about 88 days ago by helms83
about 88 days ago by helms83
about 88 days ago by helms83
Mar 02, 7:02AM Street Insider
about 89 days ago by helms83
about 90 days ago by helms83
Feb 27, 8:00AM Business Wire
Feb 21, 8:00AM PR Newswire
Feb 16, 8:00AM Business Wire
Jan 30, 7:45AM PR Newswire
Dec 07, 9:25AM PR Newswire
Nov 21, 7:30AM PR Newswire
Nov 10, 10:18AM Street Insider
Nov 10, 7:21AM FlyOnTheWall
about 311 days ago by howardlindzon
about 510 days ago by STLwest1
about 610 days ago by iEarningsApp
about 619 days ago by alacra1
about 825 days ago by derekabdinor
about 825 days ago by irwebreport
about 840 days ago by millchristian
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EDGR | 1.07 | +0.00 | +0.00% | 37.69M |
| EBTX | 20.51 | +0.03 | +0.15% | 243.25M |
| EBS | 13.70 | -0.07 | -0.51% | 493.34M |
| 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 |