Hill-Rom (HRC)
Hill-Rom Tangible Common Equity Ratio: 52.34%
View HRC Tangible Common Equity Ratio with YCharts Pro.
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
HRC Tangible Common Equity Ratio Rankings
| Overall | 34th percentile | 2894 of 4385 |
| Sector | 50th percentile | 252 of 504 in Healthcare |
| Industry | 53rd percentile | 30 of 64 in Medical Instruments & Supplies |
HRC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 37.30% | Mar 2009 |
| Maximum | 55.56% | Jun 2008 |
| Average | 48.80% |
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 HRC related companies
HRC News
May 16, 3:31PM Seeking Alpha
about 20 days ago by earningscast
May 03, 9:00AM PR Newswire
May 02, 5:10PM Street Insider
Apr 27, 2:00PM PR Newswire
Apr 26, 11:18AM Seeking Alpha
Apr 25, 5:00PM PR Newswire
Apr 04, 8:00AM PR Newswire
Mar 26, 8:13AM Street Insider
about 67 days ago by TradeIdeasQuant
Mar 19, 8:08AM Street Insider
Mar 06, 8:06AM Street Insider
Feb 28, 4:45PM Seeking Alpha
about 140 days ago by stockgut
about 165 days ago by Benzinga
about 303 days ago by 1nvestor
about 307 days ago by Benzinga
about 330 days ago by howardlindzon
about 330 days ago by Kenshreve
about 342 days ago by CommAveTrader
about 356 days ago by StockTwits50
about 358 days ago by StockTiger
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HRC | 30.30 | +0.77 | +2.61% | 1.828B |
| HR | 22.14 | +0.48 | +2.24% | 1.687B |
| HITT | 50.74 | +0.67 | +1.34% | 1.575B |
| HITK | 29.28 | -0.28 | -0.95% | 383.98M |
| HIMX | 2.02 | -0.02 | -0.98% | 356.27M |
| HILL | 1.205 | +0.03 | +2.12% | 68.29M |
| HIL | 2.98 | -0.01 | -0.33% | 115.12M |
| HIHO | 1.48 | -0.04 | -2.68% | 5.594M |
| HIH | 8.60 | +0.05 | +0.58% | |
| HIG | 17.72 | +0.39 | +2.25% | 7.629B |
