Industrial Services of America (IDSA)
Industrial Services of America Tangible Common Equity Ratio: 35.75%
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IDSA Tangible Common Equity Ratio Rankings
| Overall | 50th percentile | 2168 of 4385 |
| Sector | 48th percentile | 439 of 853 in Services |
| Industry | 34th percentile | 15 of 23 in Management Services |
IDSA Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 21.69% | Sep 2010 |
| Maximum | 47.09% | Jun 2007 |
| Average | 35.18% |
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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IDSA News
May 08, 8:30AM Business Wire
May 02, 5:01PM Business Wire
Mar 07, 8:00AM Business Wire
Mar 05, 3:35PM Business Wire
Nov 14, 1:37PM Benzinga
Nov 14, 1:36PM Business Wire
Nov 14, 8:19AM Street Insider
Nov 10, 4:36PM Business Wire
about 566 days ago by szaman
about 597 days ago by szaman
about 604 days ago by szaman
about 608 days ago by szaman
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IDSA | 5.13 | -0.02 | -0.39% | 35.74M |
| IBI | 25.08 | +7.14 | +39.80% | 566.90M |
| IBCP | 3.50 | +0.15 | +4.48% | 28.61M |
| IBCA | 3.72 | -0.05 | -1.33% | 81.39M |
| IBB | 125.18 | -0.02 | -0.02% | |
| IBA | 21.12 | +0.57 | +2.77% | 1.028B |
| HRZN | 16.24 | +0.09 | +0.56% | 123.22M |
| HRT | 3.33 | +0.17 | +5.38% | 9.291M |
| HRS | 40.23 | +0.86 | +2.18% | 4.483B |
| HRL | 30.24 | +0.10 | +0.32% | 7.949B |
