International Business Machines Corporation (IBM)

196.55 +2.25 +1.16% May 29, 5:19PM Go Pro

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International Business Machines Corporation Tangible Common Equity Ratio: -12.26%

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IBM Tangible Common Equity Ratio Rankings

Overall	89th percentile	466 of 4385
Sector	87th percentile	103 of 814 in Technology
Industry	60th percentile	2 of 5 in Diversified Computer Systems

IBM Tangible Common Equity Ratio Range, Past 5 Years

Minimum	-12.26%	Mar 2012
Maximum	11.61%	Dec 2007
Average	-2.49%

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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IBM News

$IBM though sellers in control since the sell signal on 5/4, bulls have shown some sign of fight today. Keep the good wok.
about 2 hours ago by woowtrading

3 Reasons to Buy Dow Mover IBM
May 29, 8:12PM Fool

$AAPL http://stks.co/41Q5 $PCLN $CMG $AMZN $GOOG $MA $V $IBM - Still bouncing around, but I'm still shorting the fades here
about 5 hours ago by gregnb

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May 29, 5:44PM

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May 29, 5:42PM Forbes

The decimation of $RIMM $DELL $HPQ and others just highlights how amazing $IBM is and how hard it is to have the balls to say we're done
about 7 hours ago by ldrogen

IBM Marks 50 Years of Business in Sri Lanka and Eyes Further Expansion
May 29, 5:04PM PR Newswire

International Business Machines Corp (IBM): Today's Featured Technology Winner
May 29, 5:00PM TheStreet

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May 29, 4:48PM

Dow Today: International Business Machines (IBM) Leads The Day Higher, Exxon Mobil Corporation (XOM) Lags
May 29, 4:30PM

Selling to emerging markets
May 29, 3:33PM Money

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May 29, 3:32PM

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May 29, 2:42PM Fool

Tech is the New Value: Cash Piles and Rising Dividends – Forget Buffett’s Fears http://stks.co/416g $AAPL $MSFT $GOOG $INTC $CSCO $IBM $PG
about 11 hours ago by ycharts

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Why $XRX should recap now and start paying a 9%+ dividend http://stks.co/4162 $CAJ $HPQ $ACN $IBM $DELL $AON
about 11 hours ago by SumZero

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May 29, 1:28PM Fool

$DIA Dow too easily manipulated that's for sure thanks to $IBM.Almost too easy a trade getting behind some size.TRIN still low for now $SPY
about 12 hours ago by Stevez1

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May 29, 11:20AM Fool

Social Media Outlook for Tuesday May 29 (BID, IBM, VRTX, MSFT)
May 29, 10:57AM Benzinga

$IBM on dips to the 200 day, every single time
about 14 hours ago by ldrogen

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May 29, 10:23AM Benzinga

Goldman Sachs' Take on Hardware, No Siri for IBM Employees
May 29, 9:48AM Benzinga

Still total nonsense $IBM gaps almost 3 points without a buyer to be seen of any size. $SPY Not sure how long rally lasts.
about 15 hours ago by Stevez1

$ibm Has not bounced with market.Minor resistance at 196.Major support at 194.
about 15 hours ago by Spus

Big Tech Assets Rise, Apple Surges to $151 Billion http://stks.co/40Tk $XLK $QQQ $AAPL $CSCO $GOOG $HPQ $IBM $INTC $MSFT $ORCL $QCOM $AMZN
about a day ago by OspreyFlyer

The World's Best Brands
May 28, 6:01PM Fool

$AAPL http://stks.co/40P8 $AAPL $PCLN $CMG $AMZN $GOOG $MA $IBM $FFIV $LNKD - short term bounces possible, trend still down
about a day ago by gregnb

RT @TrendRida New Post: Has FaceBook topped? http://stks.co/40OH $FB $AAPL $RIMM $GOOG $NOK $DELL $HPQ $IBM
about a day ago by FMDS

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May 28, 3:10PM Fool

New Post: Has FaceBook topped? http://stks.co/40Gb $FB $AAPL $RIMM $GOOG $NOK $DELL $HPQ $IBM
about 2 days ago by TrendRida

36 hours to go before US trading, much can change. Only thing certain is : Eurozone uncertainty. $SPY $QQQ $PCLN $IBM $FXE
about 2 days ago by DeidreZune

RT @DeidreZune Greek Pro-Bailout Parties Gain Amid Warnings of Euro Collapse http://stks.co/408l $SPY $IBM $PCLN $AAPL $FXE
about 2 days ago by DeidreZune

$IBM http://stks.co/405F AAPL potential Three Peaks and the Domed House
about 2 days ago by Marketcycles79

@FredWR $IBM is a good company - the rest of them can take a flying leap as far as I'm concerned ;-)
about 2 days ago by znmeb

The 3 Most Important Dow Components
May 27, 11:10AM Fool

Apple Tops This List. Again.
May 27, 9:10AM Fool

"Will Europe force Greece out thinking they have a plan that fails miserably with dire consequences?" Sadly, yes.$SPY $PCLN $IBM $AAPL $FXE
about 3 days ago by DeidreZune

Europe continues to fight the wrong battle, and continues to spread contagion risk. http://stks.co/3zxh $SPY $PCLN $IBM $QQQ $AAPL $FXE
about 3 days ago by DeidreZune

Calling bluffs in the eurozone crisis http://stks.co/3zwO $SPY $QQQ $EWG $PCLN $IBM $AAPL
about 3 days ago by DeidreZune

RT @61point8 Here's the chart of $IBM via StockTwits. A cleaner interface. http://stks.co/3zv0
about 3 days ago by chartly

Here's the chart of $IBM via StockTwits. A cleaner interface. http://chart.ly/acql3gc
about 3 days ago by 61point8

@kobesarmy The question is ... how much is the down hill and how the risk reward changes below 190 for $IBM
about 3 days ago by microurja

$KO $WFC $IBM $AXP I think they are all good companies with ridiculously inflated stock prices due to Berkshire's supportive overbuying.
about 3 days ago by FredWR

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$RIMM $IBM is full of it if they think Android open source is more secure than $AAPL os.No denial BB's are more secure than either.
about 4 days ago by Stevez1

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May 23, 8:37AM Street Insider

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May 21, 7:08PM Fool

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May 21, 4:13PM Benzinga

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Recent Quotes

Symbol	Price	Chg	Chg %	Market Cap
IBM	196.55	+2.25	+1.16%	225.13B
GTY	16.26	+0.05	+0.31%	541.25M
GTXI	3.14	+0.07	+2.28%	192.80M
GTU	57.54	-0.86	-1.47%
GTSI	7.73	-0.01	-0.13%	74.69M
GTS	17.69	-0.10	-0.56%	505.77M
GTNA	1.33	+0.00	+0.00%	76.02M
GTN	1.45	+0.01	+0.69%	74.02M
GTLS	66.92	+2.78	+4.33%	1.901B
GTIM	2.25	-0.08	-3.43%	6.361M

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