FuelCell Energy (FCEL)
FuelCell Energy Tangible Common Equity Ratio: -11.08%
View FCEL 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
FCEL Tangible Common Equity Ratio Rankings
| Overall | 89th percentile | 478 of 4385 |
| Sector | 88th percentile | 36 of 317 in Industrial Goods |
| Industry | 86th percentile | 6 of 43 in Industrial Electrical Equipment |
FCEL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -11.09% | Jul 2011 |
| Maximum | 56.37% | Jul 2007 |
| Average | 16.77% |
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 FCEL related companies
FCEL News
about 12 days ago by TradeIdeasQuant
about 13 days ago by Quaker
about 15 days ago by RecogniaEvents
about 20 days ago by wbarnguy
about 21 days ago by stockmaster413
about 21 days ago by Quaker
about 24 days ago by stockmaster413
about 27 days ago by Quaker
about 27 days ago by MicroInsider
about 27 days ago by MarketBrief
Apr 04, 10:00AM GlobeNewswire
Mar 27, 4:34PM Street Insider
Mar 27, 4:30PM GlobeNewswire
Mar 22, 8:39AM Benzinga
Mar 22, 8:20AM Marketwire
Mar 14, 7:57AM Street Insider
Mar 13, 8:41AM Street Insider
Mar 12, 7:10AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FCEL | 1.10 | +0.08 | +7.84% | 142.28M |
| FCEB | 13.76 | +0.22 | +1.62% | 2.130B |
| FCE.A | 13.88 | +0.35 | +2.59% | 2.315B |
| FCD | 28.57 | +0.08 | +0.28% | |
| FCCY | 8.72 | -0.28 | -3.11% | 45.81M |
| FCCO | 8.00 | -0.11 | -1.36% | 26.40M |
| FCAL | 6.85 | -0.02 | -0.29% | 200.95M |
| FCA | 19.56 | -0.06 | -0.31% | |
| FC | 9.27 | +0.04 | +0.43% | 163.83M |
| FBT | 43.44 | -0.39 | -0.89% |
