Heelys (HLYS)
Heelys Tangible Common Equity Ratio: 92.90%
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HLYS Tangible Common Equity Ratio Rankings
| Overall | 1st percentile | 4309 of 4385 |
| Sector | 0th percentile | 381 of 381 in Consumer Goods |
| Industry | 0th percentile | 21 of 21 in Textile - Apparel Footwear & Accessories |
HLYS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 86.00% | Jun 2008 |
| Maximum | 95.07% | Sep 2007 |
| Average | 91.45% |
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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HLYS News
May 02, 1:43PM GlobeNewswire
Apr 04, 1:14PM Business Wire
Mar 20, 4:10PM GlobeNewswire
Mar 13, 2:12PM GlobeNewswire
Dec 14, 9:00AM Business Wire
about 182 days ago by Gianluca_Ferrari
Nov 18, 10:47AM Business Wire
Nov 02, 4:10PM GlobeNewswire
about 214 days ago by longshorttrader
about 225 days ago by goingmakai
about 260 days ago by Gianluca_Ferrari
about 267 days ago by Gianluca_Ferrari
about 307 days ago by TheAcsMan
about 342 days ago by JeffReevesIP
about 364 days ago by Attitrade
about 421 days ago by abnormalreturns
about 421 days ago by marketfolly
about 555 days ago by danshep55
about 558 days ago by danshep55
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HLYS | 2.17 | -0.07 | -3.12% | 61.76M |
| HEB | 0.278 | +0.01 | +2.96% | 36.67M |
| HEAT | 4.04 | +0.00 | +0.00% | 15.59M |
| HE | 27.47 | +0.27 | +0.99% | 2.617B |
| HDY | 0.80 | -0.09 | -10.12% | 148.49M |
| 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 |