StealthGas (GASS)

5.66 -0.16  -2.75%  May 29, 4:00PM Go Pro
You must be signed in to use watchlists.
Sign In or Register
Watch this stock

StealthGas Tangible Common Equity Ratio: 45.00%

Get Interactive Chart for

View GASS Tangible Common Equity Ratio with YCharts Pro.




Start My 14-Day Free Trial We respect your privacy. We will never share your email address.
document.write('');

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
and much more...

GASS Tangible Common Equity Ratio Rankings

Overall 41st percentile 2565 of 4385
Sector 37th percentile 533 of 853 in Services
Industry 35th percentile 27 of 42 in Shipping

GASS Tangible Common Equity Ratio Range, Past 5 Years

Minimum 43.23% Sep 2010
Maximum 63.80% Sep 2007
Average 49.18%

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 GASS related companies

Display in Live Stream: Done
Options

GASS News

http://stks.co/3vbP Earning after market close: $ADI, $GES, $PETM, $WTSLA, $TTWO, $QIHU, $GASS, $AVGO, $CPWR, $DELL
about 8 days ago by freefdawatchlistcom
Earnings Scheduled For May 22
May 22, 1:51AM Benzinga
Transportation Sector Wrap
Apr 26, 4:46PM Fox Business
$GASS looks interesting. It has just exploded since earnings in feb.
about 40 days ago by Contrarius
Strong run into week-end for shippers. Standouts include: $GASS $TNK $ANW $DHT $TK
about 74 days ago by FinanceTrends
RT @BigWaveTrading good news when Shipping stocks r moving on vol. $FRO $TNK $TNP $SFL $DHT $GASS $CMRE $GSL $TK best price/volume action
about 74 days ago by NereusProject
Always good news when Shipping stocks r moving on vol. $FRO $TNK $TNP $SFL $DHT $GASS $CMRE $GSL $TK best price/volume action in the group.
about 74 days ago by BigWaveTrading
$GASS .. its buy time again!
about 77 days ago by Day2Day
1 of the stronger names in recent shipping sector rebound, $GASS. LPG, liquid fuel transport.
about 78 days ago by FinanceTrends
$GASS http://stks.co/2fDC Expecting to see higher valuations this week.
about 86 days ago by GemsBot
StealthGas, Inc. (GASS) Posts Mixed Q4 Results
Feb 23, 10:04AM Street Insider
StealthGas, Inc. (GASS) Misses Q2 EPS by 1c
Aug 25, 9:04AM Street Insider
Movers in portfolio up +2% (@mid-day): $MS $BAC $C $JPM $WFC $BK $STI $FAS $EWO $X $LVS $NYT $PRGN $FREE $GASS $ONTY $INSU $VE $ZQK $PSUN
about 313 days ago by traderclubtirol
$GASS http://chart.ly/eeev6qn Thin name but had some volume today, 50 day above at 4.66, above that 1st target is 5.25
about 314 days ago by Tr8r_x
Movers in portfolio up +2% (@close): $BAC $C $MS $STI $FAS $NYT $ONTY $HOV $MUR $MON $DRYS $GASS $DB $ING $CS $UBS $RBS $LYG $BCS $STD $KKR
about 314 days ago by traderclubtirol
$gass baby!!! YEA!!!
about 314 days ago by missyaubaby
$gass breaking
about 314 days ago by missyaubaby
$gass baby!!!
about 314 days ago by missyaubaby
$gass nice
about 314 days ago by missyaubaby
$gass bought some coming out of range with volume spike
about 314 days ago by danshep55
Movers in portfolio up >+2% (2.30 pmET) $MGM $LVS $WYNN $PRGN $GASS $NMM $TBSI $HRZ $MA $TSO $ESLR $LDK $TSL $DGW $RAS $LIZ $CIEN $CNX $YGE
about 412 days ago by traderclubtirol
Movers in portfolio up >+2% (@ close) $DAC $NM $SB $GASS $ANW $MA $MOS $ONTY $PWRD $AIXG $AVNR $LIZ $PSUN $POT $TSO
about 421 days ago by traderclubtirol
Movers in portfolio up >+2% (@ mid-day): $DAC (+8%) $MOS $ANW $PSUN $CPX $ONTY $NVAX $PWRD $GASS $TSO $LIZ $SB $NM
about 421 days ago by traderclubtirol
Movers in portfolio up > +2% (after 2 hrs): $JAZZ $ESLR $DGW $X $INSU $PSUN $GASS $LIZ $HLX IIO $POT $DSX $TBSI $ING $BCS
about 456 days ago by traderclubtirol
Movers in portfolio up >+1% (into final 2 hrs)): $GG $GASS $EXM $FRO $NMM $DAC $SBLK $NM $NVAX $USEG $FTWR $ING
about 461 days ago by traderclubtirol
Movers in portfolio up >+1,5% (@ mid-day) $ZQK $NBG $LEA $AKS $MON $ONAV $GASS $NM $FREE $HRZ $ESEA $CYOU $RMBS $WSM $LDK $FSLR $ESLR $BZH
about 467 days ago by traderclubtirol
Movers in portfolio up >+2% (mid-day) $X $AKS $RAS $APWR $HA $CIEN $UEC $USEG $DRYS $ESEA $FRO $EXM $TK $GASS $SB $NMM $NM $AVNR $STEC $LNN
about 470 days ago by traderclubtirol
Movers in portfolio up >+4% (@close): $CIEN $INSU $ACAT $NBG $GASS $GMR $BEAT $SOLF $TSL $CSIQ $LDK $FSLR $YGE $STP $RJET $DAL
about 491 days ago by traderclubtirol

Recent Quotes

Symbol Price Chg Chg % Market Cap
GASS 5.66 -0.16 -2.75% 122.80M
GASL 24.15 +1.83 +8.22%
GAS 37.49 +0.22 +0.59% 4.369B
GAME 4.33 +0.04 +0.93% 1.202B
GAM 27.04 +0.32 +1.20%
GALE 1.29 -0.02 -1.53% 62.25M
GAIN 7.30 +0.14 +1.96% 158.09M
GAIA 3.98 +0.05 +1.27% 89.21M
GAI 6.19 +0.54 +9.56% 19.99M
GAGA 4.95 -0.07 -1.39% 230.27M
You must be signed in to use watchlists.
Sign In or Register
Create Watchlist from Stock Quotes
Close