EnergySolutions (ES)
EnergySolutions Tangible Common Equity Ratio: -11.39%
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ES Tangible Common Equity Ratio Rankings
| Overall | 89th percentile | 477 of 4385 |
| Sector | 88th percentile | 35 of 317 in Industrial Goods |
| Industry | 85th percentile | 3 of 20 in Waste Management |
ES Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -70.55% | Dec 2007 |
| Maximum | -9.84% | Mar 2011 |
| Average | -37.28% |
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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ES News
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about 6 days ago by Financedge
about 7 days ago by Financedge
about 8 days ago by StockSage1
May 10, 3:30AM Benzinga
May 09, 10:28AM Street Insider
Mar 21, 8:30AM Marketwire
Mar 19, 5:30PM Marketwire
Mar 19, 9:54AM Street Insider
Mar 02, 7:55PM Marketwire
Mar 02, 9:00AM Marketwire
Feb 21, 6:54PM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ES | 3.375 | -0.04 | -1.32% | 305.00M |
| EQS | 2.05 | +0.00 | +0.00% | |
| EQR | 62.47 | +0.83 | +1.35% | 18.51B |
| EQIX | 162.27 | +4.35 | +2.75% | 7.369B |
| EPV | 45.20 | -0.32 | -0.70% | |
| EPS | 46.01 | -0.08 | -0.18% | |
| EPR | 42.36 | +0.24 | +0.57% | 1.965B |
| GIB | 20.37 | +0.19 | +0.94% | 4.543B |
| GHM | 18.45 | +0.21 | +1.15% | 180.76M |
| GHL | 34.40 | +0.15 | +0.44% | 996.68M |
