EarthLink (ELNK)
EarthLink Tangible Common Equity Ratio: 10.36%
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ELNK Tangible Common Equity Ratio Rankings
| Overall | 74th percentile | 1126 of 4385 |
| Sector | 81st percentile | 153 of 814 in Technology |
| Industry | 75th percentile | 2 of 8 in Internet Service Providers |
ELNK Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 2.07% | Jun 2011 |
| Maximum | 67.06% | Jun 2010 |
| Average | 33.76% |
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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ELNK News
about 18 days ago by TradeIdeasQuant
about 20 days ago by TradeIdeasQuant
about 20 days ago by TradeIdeasQuant
May 03, 11:16AM PR Newswire
about 26 days ago by tradewithpete
about 26 days ago by TradeIdeasQuant
about 29 days ago by rynprry
about 30 days ago by ACInvestorBlog
about 33 days ago by earningscast
about 69 days ago by MarketBrief
about 82 days ago by RecogniaEvents
Mar 06, 8:30AM Business Wire
about 88 days ago by RecogniaEventsTest
about 91 days ago by earningscast
about 94 days ago by ScottKesslerSPCIQ
about 96 days ago by david_putnam
about 99 days ago by howardlindzon
about 101 days ago by ScottKesslerSPCIQ
about 101 days ago by ScottKesslerSPCIQ
about 101 days ago by ScottKesslerSPCIQ
about 101 days ago by ScottKesslerSPCIQ
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ELNK | 8.19 | +0.03 | +0.37% | 869.61M |
| EIP | 14.78 | +0.01 | +0.07% | |
| EIO | 14.54 | +0.01 | +0.07% | |
| EIHI | 15.09 | +0.09 | +0.60% | 119.66M |
| EIG | 17.31 | -0.09 | -0.52% | 564.31M |
| EIDO | 26.78 | -1.68 | -5.90% | |
| EIA | 12.99 | +0.14 | +1.09% | |
| EHTH | 16.57 | -0.17 | -1.02% | 322.78M |
| EHI | 12.95 | -0.01 | -0.08% | |
| EGY | 8.04 | -0.03 | -0.37% | 459.24M |