Global Sources (GSOL)
Global Sources Tangible Common Equity Ratio: 51.60%
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GSOL Tangible Common Equity Ratio Rankings
| Overall | 34th percentile | 2862 of 4385 |
| Sector | 50th percentile | 400 of 814 in Technology |
| Industry | 53rd percentile | 19 of 41 in Internet Information Providers |
GSOL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 38.35% | Sep 2010 |
| Maximum | 62.00% | Dec 2009 |
| Average | 54.49% |
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.
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GSOL News
about 13 days ago by earningscast
May 02, 3:00AM PR Newswire
Apr 27, 2:00AM PR Newswire
about 42 days ago by RecogniaEvents
Apr 17, 6:43AM Benzinga
Apr 12, 1:00AM PR Newswire
Apr 09, 6:42AM Street Insider
Apr 02, 3:00AM PR Newswire
about 70 days ago by RecogniaEvents
about 77 days ago by earningscast
Mar 01, 2:28AM PR Newswire
Feb 29, 1:30AM PR Newswire
Feb 01, 1:30AM PR Newswire
Dec 13, 1:00AM PR Newswire
Nov 28, 1:00AM PR Newswire
Nov 18, 1:00AM PR Newswire
Nov 17, 5:25AM FlyOnTheWall
about 230 days ago by TradeHawk
about 476 days ago by Global_Macro_DragonKings
about 498 days ago by noodls_sTech
about 618 days ago by psychotrader
about 668 days ago by StockTradeJournal
about 669 days ago by Detroitblues
about 670 days ago by Detroitblues
about 670 days ago by Detroitblues
about 674 days ago by StockTradeJournal
about 679 days ago by StockTradeJournal
about 688 days ago by StockTradeJournal
about 806 days ago by Fallond_Picks
about 911 days ago by nlitenmebabe
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GSOL | 5.35 | -0.10 | -1.83% | 183.72M |
| GSM | 12.24 | +0.40 | +3.33% | 889.34M |
| GSL | 3.21 | +0.11 | +3.55% | 147.13M |
| GSK | 44.38 | +0.10 | +0.23% | 111.75B |
| GSIT | 4.18 | -0.02 | -0.48% | 120.25M |
| GSIG | 11.98 | +0.13 | +1.10% | 397.09M |
| GSI | 0.9874 | +0.12 | +13.48% | |
| GSH | 16.41 | +0.11 | +0.67% | 2.314B |
| GSB | 2.06 | -0.09 | -4.19% | 39.15M |
| GSAT | 0.391 | -0.01 | -3.43% | 120.61M |