Cedar Fair (FUN)
Cedar Fair Tangible Common Equity Ratio: -11.74%
View FUN 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
FUN Tangible Common Equity Ratio Rankings
| Overall | 89th percentile | 471 of 4385 |
| Sector | 81st percentile | 157 of 853 in Services |
| Industry | 57th percentile | 3 of 7 in General Entertainment |
FUN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -12.52% | Jun 2011 |
| Maximum | -1.97% | Sep 2007 |
| Average | -8.03% |
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 FUN related companies
FUN News
May 24, 3:47AM Benzinga
about 7 days ago by MarketBrief
about 8 days ago by MarketBrief
about 11 days ago by MarketBrief
about 12 days ago by ycharts
about 51 days ago by cornerpocket
Apr 03, 9:00AM PR Newswire
Mar 29, 9:00AM PR Newswire
about 73 days ago by divtastic
about 81 days ago by ajb_2010
about 82 days ago by ajb_2010
about 92 days ago by HFTAlert
about 109 days ago by ycharts
about 118 days ago by The_Real_Fly
about 138 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FUN | 26.60 | +0.13 | +0.49% | 1.473B |
| FULT | 10.24 | -0.04 | -0.39% | 2.051B |
| FSYS | 15.10 | -0.24 | -1.56% | 302.15M |
| FSTR | 27.66 | -0.04 | -0.14% | 283.52M |
| FST | 8.43 | +0.22 | +2.68% | 988.08M |
| FSS | 4.88 | +0.04 | +0.83% | 303.44M |
| FSRV | 26.32 | +0.17 | +0.65% | 753.28M |
| FSR | 7.40 | -0.07 | -0.94% | 520.07M |
| FSP | 10.05 | +0.07 | +0.70% | 833.55M |
| FRO | 5.38 | +0.40 | +8.03% | 418.89M |