Hudson Technologies (HDSN)
Hudson Technologies Tangible Common Equity Ratio: 68.41%
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HDSN Tangible Common Equity Ratio Rankings
| Overall | 19th percentile | 3518 of 4385 |
| Sector | 13th percentile | 737 of 853 in Services |
| Industry | 16th percentile | 10 of 12 in Industrial Equipment Wholesale |
HDSN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 28.45% | Dec 2007 |
| Maximum | 71.05% | Sep 2011 |
| Average | 46.87% |
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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HDSN News
about 19 days ago by fallondpicks
about 22 days ago by 117brandy
May 02, 8:30AM Business Wire
Apr 25, 12:46PM Business Wire
about 75 days ago by AvenueTFund
Mar 06, 8:30AM Business Wire
about 89 days ago by RecogniaEvents
Feb 28, 11:11AM Business Wire
about 118 days ago by AvenueTFund
Jan 06, 8:30AM Benzinga
Oct 25, 8:30AM Business Wire
Oct 19, 12:05PM Business Wire
Sep 08, 8:45AM Business Wire
Aug 04, 8:25AM Business Wire
Jul 29, 9:00AM Business Wire
Jul 14, 9:17AM FlyOnTheWall
Jul 14, 8:15AM Business Wire
May 04, 8:30AM Business Wire
Apr 28, 8:45AM Business Wire
Mar 08, 8:30AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HDSN | 3.96 | +0.11 | +2.86% | 91.55M |
| HDNG | 9.89 | +0.15 | +1.54% | 113.67M |
| HDG | 38.28 | +0.12 | +0.32% | |
| HDB | 29.36 | +0.76 | +2.66% | 22.18B |
| HD | 49.78 | +0.34 | +0.69% | 75.39B |
| HCSG | 19.97 | +0.24 | +1.24% | 1.319B |
| HALL | 7.23 | -0.05 | -0.69% | 140.21M |
| HAL | 32.01 | +0.64 | +2.04% | 28.87B |
| HAIN | 56.80 | +0.85 | +1.52% | 2.481B |
| HAFCD | 9.58 | +0.10 | +1.05% |