FormFactor (FORM)
FormFactor Tangible Common Equity Ratio: 88.49%
View FORM 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
FORM Tangible Common Equity Ratio Rankings
| Overall | 4th percentile | 4207 of 4385 |
| Sector | 5th percentile | 768 of 814 in Technology |
| Industry | 12th percentile | 21 of 24 in Semiconductor - Broad Line |
FORM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 85.65% | Sep 2010 |
| Maximum | 91.29% | Jun 2009 |
| Average | 89.08% |
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 FORM related companies
FORM News
about 14 days ago by ACInvestorBlog
about 19 days ago by Glopolon
about 19 days ago by ACInvestorBlog
about 20 days ago by ACInvestorBlog
about 24 days ago by ACInvestorBlog
about 25 days ago by ACInvestorBlog
about 27 days ago by RecogniaEvents
about 27 days ago by ACInvestorBlog
about 27 days ago by Glopolon
about 27 days ago by TradeIdeasQuant
May 01, 7:32PM Seeking Alpha
about 28 days ago by Glopolon
Apr 09, 11:01AM Street Insider
Apr 05, 2:45AM Benzinga
Feb 28, 4:07PM Benzinga
Feb 28, 4:05PM Marketwire
Jan 20, 6:05PM Marketwire
Jan 17, 4:05PM Marketwire
Dec 21, 8:00AM PR Newswire
Dec 15, 1:54PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FORM | 5.66 | +0.01 | +0.18% | 280.30M |
| FORD | 2.24 | +0.14 | +6.41% | 17.05M |
| FOR | 13.79 | +0.01 | +0.07% | 477.61M |
| FONE | 22.36 | +0.06 | +0.27% | |
| FOLD | 4.89 | -0.10 | -2.00% | 222.80M |
| FOH | 0.37 | +0.00 | +0.00% | 14.40M |
| FOF | 12.20 | +0.11 | +0.91% | |
| FOE | 4.61 | +0.03 | +0.66% | 396.49M |
| FNSR | 15.05 | +0.46 | +3.15% | 1.325B |
| FLY | 12.35 | +0.03 | +0.24% | 316.01M |
