IntercontinentalExchange (ICE)
IntercontinentalExchange Tangible Common Equity Ratio: 1.94%
View ICE 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
ICE Tangible Common Equity Ratio Rankings
| Overall | 85th percentile | 646 of 4385 |
| Sector | 94th percentile | 51 of 870 in Financial |
| Industry | 80th percentile | 5 of 26 in Diversified Investments |
ICE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -12.08% | Sep 2007 |
| Maximum | 7.33% | Jun 2008 |
| Average | -1.03% |
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 ICE related companies
ICE News
May 25, 6:58AM Street Insider
about 5 days ago by STNet
May 23, 7:26AM Street Insider
May 23, 7:24AM Street Insider
about 7 days ago by MercenaryJack
May 18, 4:33PM Fox Business
May 18, 4:29AM Benzinga
about 12 days ago by MarketBrief
May 17, 8:46AM Street Insider
about 15 days ago by StockTwits
about 15 days ago by STNet
May 03, 11:28AM Street Insider
May 03, 6:31AM PR Newswire
about 27 days ago by bradloncar
about 28 days ago by earningscast
about 38 days ago by ronin245
about 45 days ago by StockSage1
about 45 days ago by abnormalreturns
about 45 days ago by Fibline
about 45 days ago by ivanhoff
about 45 days ago by derekhernquist
about 46 days ago by optionstradingiq
about 52 days ago by 1nvestor
about 53 days ago by WallStreetBeats
about 54 days ago by TheInformedTrader
about 60 days ago by MarketBrief
about 67 days ago by lamonicabuzz
about 69 days ago by momomiester
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ICE | 125.04 | -0.45 | -0.36% | 9.109B |
| ICCC | 5.950 | -0.00 | -0.00% | 17.97M |
| HVT | 11.98 | -0.04 | -0.33% | 263.84M |
| HVB | 16.58 | -0.09 | -0.54% | 325.57M |
| HUSA | 1.68 | +0.04 | +2.44% | 51.12M |
| HURC | 22.61 | -0.06 | -0.26% | 145.99M |
| HUN | 13.54 | +0.67 | +5.21% | 3.077B |
| 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 |