Enbridge Energy Partners (EEP)
Enbridge Energy Partners Tangible Common Equity Ratio: 37.95%
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EEP Tangible Common Equity Ratio Rankings
| Overall | 48th percentile | 2264 of 4385 |
| Sector | 66th percentile | 173 of 510 in Basic Materials |
| Industry | 45th percentile | 18 of 33 in Oil & Gas Pipelines |
EEP Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 30.24% | Jun 2008 |
| Maximum | 44.53% | Mar 2009 |
| Average | 37.96% |
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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EEP News
about 5 days ago by eyeonequities
May 21, 12:56PM Street Insider
May 18, 11:02AM Street Insider
May 18, 10:57AM Street Insider
May 16, 5:37PM Marketwire
Apr 30, 4:09PM Marketwire
about 57 days ago by MLP_Protocol
about 63 days ago by bradloncar
about 64 days ago by MLP_Protocol
Mar 06, 7:30AM Business Wire
about 147 days ago by 1nvestor
about 179 days ago by mlpguy
about 182 days ago by StockTiger
about 197 days ago by MLP_Protocol
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EEP | 29.60 | +0.03 | +0.10% | 7.046B |
| EEMS | 41.10 | -0.12 | -0.29% | |
| EEMA | 47.66 | -0.38 | -0.79% | |
| EEM | 37.15 | -0.18 | -0.48% | |
| EEFT | 18.79 | -0.29 | -1.52% | 949.27M |
| EEB | 32.98 | +0.17 | +0.52% | |
| EE | 30.63 | +0.71 | +2.37% | 1.229B |
| EDZ | 18.81 | +0.27 | +1.46% | |
| EDV | 124.64 | +0.47 | +0.38% | |
| EDUC | 4.650 | +0.19 | +4.26% | 18.13M |
