Interactive Brokers Group (IBKR)
Interactive Brokers Group Tangible Common Equity Ratio: 15.19%
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IBKR Tangible Common Equity Ratio Rankings
| Overall | 69th percentile | 1326 of 4385 |
| Sector | 42nd percentile | 501 of 870 in Financial |
| Industry | 27th percentile | 13 of 18 in Investment Brokerage - National |
IBKR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 1.02% | Sep 2007 |
| Maximum | 18.33% | Dec 2009 |
| Average | 11.73% |
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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IBKR News
May 22, 4:03PM Benzinga
May 22, 4:00PM Business Wire
about 12 days ago by 1973Hog
about 18 days ago by MarketBrief
about 27 days ago by hcggroup
about 28 days ago by hcggroup
May 01, 1:01PM Benzinga
about 31 days ago by ajb_2010
about 37 days ago by MercenaryJack
about 39 days ago by gtlackey
about 40 days ago by TradeBot
Apr 19, 8:23PM Seeking Alpha
Apr 19, 5:42PM Street Insider
about 40 days ago by earningscast
about 43 days ago by ajb_2010
Apr 05, 10:30AM Business Wire
about 57 days ago by StockTiger
about 57 days ago by StockTiger
Apr 02, 1:02PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IBKR | 14.43 | +0.05 | +0.35% | 655.44M |
| IBKC | 49.38 | +0.54 | +1.11% | 1.436B |
| IBI | 25.08 | +7.14 | +39.80% | 566.90M |
| IACI | 45.83 | +1.10 | +2.46% | 3.635B |
| HZO | 10.00 | +0.54 | +5.71% | 221.65M |
| HYGS | 5.60 | +0.00 | +0.00% | 37.02M |
| HYG | 89.11 | +0.97 | +1.10% | |
| HYB | 10.57 | +0.00 | +0.00% | |
| HXM | 13.92 | +0.30 | +2.20% | 761.90M |
| HWKN | 33.41 | -0.43 | -1.27% | 351.26M |
