Humana (HUM)
Humana Tangible Common Equity Ratio: 30.42%
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HUM Tangible Common Equity Ratio Rankings
| Overall | 56th percentile | 1912 of 4385 |
| Sector | 66th percentile | 169 of 504 in Healthcare |
| Industry | 35th percentile | 9 of 14 in Health Care Plans |
HUM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 17.03% | Jun 2007 |
| Maximum | 35.56% | Dec 2011 |
| Average | 27.51% |
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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HUM News
May 22, 11:10AM Street Insider
about 8 days ago by Attitrade
about 8 days ago by Benzinga
May 15, 12:05PM Business Wire
May 14, 1:00PM Business Wire
about 18 days ago by eyeonequities
about 19 days ago by eyeonequities
about 20 days ago by SonaliVerma
May 09, 4:45PM Business Wire
May 02, 6:10PM Business Wire
about 28 days ago by gtlackey
about 28 days ago by mytfine
about 28 days ago by DynamicDividend
about 29 days ago by bradloncar
about 29 days ago by TraderFoxxx
about 29 days ago by TheArmoTrader
about 29 days ago by azendrian
about 29 days ago by TMXmoney
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HUM | 77.69 | +0.41 | +0.53% | 12.67B |
| HUBG | 35.71 | +0.46 | +1.30% | 1.307B |
| HUBA | 74.93 | +0.00 | +0.00% | 4.467B |
| HUB.B | 79.99 | +0.99 | +1.25% | 4.732B |
| HTZ | 13.85 | +0.28 | +2.06% | 5.663B |
| HTY | 11.92 | -0.03 | -0.21% | |
| HTWR | 79.25 | +0.12 | +0.15% | 1.117B |
| HTS | 28.84 | +0.02 | +0.07% | 2.238B |
| HTM | 0.4001 | +0.01 | +2.59% | 33.15M |
| HTLF | 18.91 | -0.22 | -1.15% | 315.64M |