Fluor Corporation (FLR)
Fluor Corporation Tangible Common Equity Ratio: 42.39%
View FLR 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
FLR Tangible Common Equity Ratio Rankings
| Overall | 44th percentile | 2454 of 4385 |
| Sector | 42nd percentile | 183 of 317 in Industrial Goods |
| Industry | 42nd percentile | 11 of 19 in Heavy Construction |
FLR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 35.62% | Jun 2007 |
| Maximum | 49.00% | Jun 2010 |
| Average | 42.72% |
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 FLR related companies
FLR News
about 5 days ago by DynamicDividend
about 12 days ago by MagicDiligence
May 16, 9:44AM Business Wire
about 18 days ago by eyeonequities
about 19 days ago by eyeonequities
about 19 days ago by SonaliVerma
about 22 days ago by abubnic
about 23 days ago by AffluenzaVirus
about 25 days ago by 1nvestor
about 25 days ago by TradeIdeasQuant
about 26 days ago by TradeBot
about 26 days ago by earningscast
May 03, 4:01PM Business Wire
about 43 days ago by sajdari
about 66 days ago by WallStreetBeats
about 76 days ago by TradeBot
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FLR | 50.77 | +1.07 | +2.15% | 8.422B |
| FLOW | 3.07 | +0.00 | +0.00% | 146.93M |
| FLO | 20.83 | -0.08 | -0.38% | 2.844B |
| FLML | 4.38 | +0.06 | +1.39% | 109.32M |
| FLM | 34.89 | +0.14 | +0.40% | |
| FLL | 2.96 | -0.02 | -0.63% | 55.26M |
| FAC | 1.43 | +0.00 | +0.00% | 58.52M |
| F | 10.82 | +0.22 | +2.08% | 40.29B |
| EZY | 42.07 | +0.14 | +0.33% | |
| EZPW | 24.56 | +0.48 | +1.99% | 1.142B |
