El Paso Pipeline Partners (EPB)
El Paso Pipeline Partners Tangible Common Equity Ratio: 32.69%
View EPB 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
EPB Tangible Common Equity Ratio Rankings
| Overall | 53rd percentile | 2018 of 4385 |
| Sector | 73rd percentile | 133 of 510 in Basic Materials |
| Industry | 57th percentile | 14 of 33 in Oil & Gas Pipelines |
EPB Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 32.47% | Sep 2011 |
| Maximum | 53.22% | Jun 2009 |
| Average | 41.93% |
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 EPB related companies
EPB News
about 11 days ago by mlpguy
Apr 26, 11:00AM Marketwire
about 36 days ago by DynamicDividend
Apr 20, 7:31AM Street Insider
Apr 20, 7:30AM Benzinga
about 96 days ago by mlpguy
about 130 days ago by DynamicDividend
about 191 days ago by hertcapital
about 203 days ago by covestor
about 221 days ago by DynamicDividend
about 225 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EPB | 33.70 | +0.50 | +1.51% | 6.829B |
| GBL | 42.34 | -0.07 | -0.17% | 1.135B |
| GBG | 0.6099 | -0.00 | -0.02% | 290.20M |
| GBF | 114.57 | +0.26 | +0.23% | |
| GBAB | 22.24 | +0.12 | +0.54% | |
| GB | 20.75 | +0.15 | +0.73% | 482.66M |
| GASS | 5.66 | -0.16 | -2.75% | 122.80M |
| GASL | 24.08 | +1.76 | +7.90% | |
| GAS | 37.54 | +0.27 | +0.72% | 4.369B |
| GAME | 4.32 | +0.03 | +0.70% | 1.202B |