Greenlight Reinsurance (GLRE)

24.69 +0.11  +0.45%  May 29, 5:20PM Go Pro
You must be signed in to use watchlists.
Sign In or Register
Watch this stock

Greenlight Reinsurance Tangible Common Equity Ratio: 33.85%

Get Interactive Chart for

View GLRE 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...

GLRE Tangible Common Equity Ratio Rankings

Overall 52nd percentile 2069 of 4385
Sector 25th percentile 649 of 870 in Financial
Industry 16th percentile 67 of 80 in Property & Casualty Insurance

GLRE Tangible Common Equity Ratio Range, Past 5 Years

Minimum 33.61% Sep 2011
Maximum 57.59% Jun 2007
Average 44.25%

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 GLRE related companies

Display in Live Stream: Done
Options

GLRE News

RT @STNet Tuesday links: the high cost of complexity | via @abnormalreturns http://stks.co/3wI7 $AAPL $GOOG $WMT $GLRE
about 7 days ago by tsxsmallcaps
Tuesday links: the high cost of complexity | via @abnormalreturns http://stks.co/3wI2 $AAPL $GOOG $WMT $GLRE
about 7 days ago by STNet
Tuesday links: the high cost of complexity. http://stks.co/3wHy via @abnormalreturns $FB $AAPL $GOOG $WMT $GLRE
about 7 days ago by StockTwits
Tuesday links: the high cost of complexity, the return of fear and SpaceX soars. http://stks.co/3wGI $FB $AAPL $GOOG $WMT $GLRE $JPM $SPLV
about 7 days ago by abnormalreturns
Thursday (early) links: algorithmic opposition, policy uncertainty and narrow ETFs. http://stks.co/3sGS $FB $AAPL $SNE $MMM $CP $HLF $GLRE
about 13 days ago by abnormalreturns
Get a piece of the Einhorn. RT @GeoffGannon: The Brooklyn Investor: David Einhorn at Book $GLRE http://stks.co/3s8w
about 13 days ago by abnormalreturns
Herbalife faces rising Einhorn pressure
May 14, 6:09PM Financial Times
$glre is my only long stock position from a few days ago, dumb luck that it is green today, must be over the buffet euphoria
about 21 days ago by doomdog144
Friday links: 21st century economics http://stks.co/3g98 via @abnormalreturns $FB $OAK $GLRE $BX
about 25 days ago by StockTwits
Friday links: 21st century economics, creative destruction at work and and learning to take losses. http://stks.co/3g8D $FB $OAK $GLRE $BX
about 25 days ago by abnormalreturns
$GLRE filed latest Quarterly Report http://stks.co/3aWp
about 29 days ago by MarketBrief
Greenlight Captial (GLRE) Misses Q1 EPS by 13c
Apr 30, 4:41PM Street Insider
Now we can add $GLD to that list $GLRE
about 56 days ago by BaselineAce
Between $RIMM $GM $BBY David Einhorn must not be having a very good day $GLRE
about 56 days ago by BaselineAce
HAHA RT @markflowchatter Maybe $GMCR should buy a stake in Einhorn's $GLRE as a hedge, so when they go to zero, they will score big.
about 77 days ago by BaselineAce
$GLRE filed latest Annual Report http://stks.co/2Uyg
about 98 days ago by MarketBrief
BAE signals high-liability results season
Feb 16, 6:13PM Financial Times
FSA reveals Greenlight evidence
Feb 16, 3:08PM Financial Times
FSA reveals full Einhorn transcript
Feb 16, 2:20PM Financial Times
UK looks to bridge regulatory divide with US
Feb 05, 11:47AM Financial Times
$GLRE shook off the news thanks to the Fed. MT @businessinsider: Einhorn Tells His Side Of The Story... http://stks.co/26Ow
about 125 days ago by abnormalreturns
$GLRE Einhorn made 2.9% for 2011 & today fined $11M for inside trading in UK? The #'s don't add up-when in doubt-SELL
about 125 days ago by sellmeonu
Greenlight Capital $GLRE and David Einhorn are being fined £7.2M by FSA
about 125 days ago by Street_Insider
$GLRE Halted; Pending News
about 126 days ago by Benzinga
Greenlight Reinsurance, Ltd. $GLRE halted, news pending
about 126 days ago by Street_Insider
Einhorn Replaces Credit Swaps With Shorts When Betting on Sovereign Debt http://stks.co/1Zwr $glre
about 166 days ago by DedicatedShort
David Einhorn's Greenlight Capital up was 2.6% in November. (via @iimag) http://stks.co/1LUX $GLRE $AAPL $GLD $GDX $GM $MSFT
about 180 days ago by abnormalreturns
$GLRE filed latest Quarterly Report http://stks.co/tNx
about 211 days ago by MarketBrief
Billionaire Bill Ackman's long-term stock picks http://stks.co/hVn $jcp $ggp $c $kft $beam $fbhs $hhc $glre
about 223 days ago by insidermonkey
Thursday links: past imperfect | via @AbnormalReturns http://stks.co/41N $GLRE $T $AAPL $GOOG $MMI $BAC
about 271 days ago by STNet

Recent Quotes

Symbol Price Chg Chg % Market Cap
GLRE 24.69 +0.11 +0.45% 744.28M
GKSR 30.37 -0.04 -0.13% 572.62M
GKNT 17.70 +1.23 +7.47% 105.24M
GKK 2.52 +0.05 +2.02% 126.86M
GIVN 17.25 +0.09 +0.52% 526.30M
GIS 39.06 -0.02 -0.05% 25.19B
GILT 3.29 +0.02 +0.61% 135.05M
GILD 50.97 +0.48 +0.95% 38.27B
GIL 25.13 +0.09 +0.36% 3.043B
GIII 25.41 +0.71 +2.87% 488.32M
You must be signed in to use watchlists.
Sign In or Register
Create Watchlist from Stock Quotes
Close