EXCEED COMPANY (EDS)
EXCEED COMPANY Tangible Common Equity Ratio
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EDS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 0.83% | Sep 2007 |
| Maximum | 95.61% | Mar 2008 |
| Average | 84.49% |
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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EDS News
May 17, 8:00AM PR Newswire
about 21 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 25 days ago by epime7heus
about 28 days ago by EPS_MomentuM
about 29 days ago by InvestorsGuru
about 29 days ago by deja001
Apr 02, 10:08PM PR Newswire
Apr 02, 5:16PM PR Newswire
Mar 30, 7:30AM PR Newswire
Mar 15, 8:00AM PR Newswire
Feb 22, 4:05PM PR Newswire
Feb 17, 4:10PM Street Insider
Nov 14, 5:13PM Street Insider
Oct 27, 8:00AM PR Newswire
Oct 26, 4:21PM FlyOnTheWall
Oct 26, 4:09PM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EDS | 2.32 | +0.23 | +11.00% | |
| EBIX | 17.93 | -0.04 | -0.22% | 653.37M |
| EBAY | 40.35 | +0.68 | +1.71% | 52.06B |
| EAT | 32.36 | +0.38 | +1.19% | 2.541B |
| EA | 14.22 | +0.00 | +0.00% | 4.712B |
| E | 39.36 | +0.10 | +0.25% | 71.29B |
| DYN | 0.41 | -0.02 | -5.09% | 50.38M |
| DYAX | 1.71 | -0.03 | -1.72% | 168.95M |
| DY | 20.67 | -0.03 | -0.14% | 693.07M |
| DRYS | 2.29 | +0.04 | +1.78% | 937.50M |