InterContinental Hotels Group (IHG)
InterContinental Hotels Group Tangible Common Equity Ratio: 6.04%
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IHG Tangible Common Equity Ratio Rankings
| Overall | 81st percentile | 807 of 4391 |
| Sector | 73rd percentile | 223 of 852 in Services |
| Industry | 60th percentile | 6 of 15 in Lodging |
IHG Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -20.29% | Jun 2007 |
| Maximum | 6.04% | Dec 2011 |
| Average | -9.56% |
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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IHG News
May 23, 12:10PM PR Newswire
May 23, 6:00AM Marketwire
about 21 days ago by retail_guru
about 21 days ago by retail_guru
May 02, 7:39AM Street Insider
about 40 days ago by Kenshreve
about 42 days ago by retail_guru
about 42 days ago by retail_guru
about 42 days ago by retail_guru
Apr 18, 1:26PM PR Newswire
about 58 days ago by divtastic
about 72 days ago by bradloncar
about 90 days ago by TradeIdeasQuant
about 92 days ago by TradeIdeasQuant
about 93 days ago by bradloncar
about 100 days ago by bradloncar
about 215 days ago by ZacksResearch
about 429 days ago by lamonicabuzz
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IHG | 22.23 | -0.56 | -2.46% | 6.634B |
| IHF | 61.44 | -0.82 | -1.32% | |
| IHC | 8.96 | +0.15 | +1.70% | 158.67M |
| IGV | 59.73 | -1.06 | -1.74% | |
| IGTE | 16.60 | -0.50 | -2.92% | 971.62M |
| IGT | 13.92 | -0.40 | -2.79% | 4.260B |
| IGR | 7.60 | -0.09 | -1.17% | |
| IGOI | 0.55 | -0.03 | -5.17% | 19.54M |
| IGN | 25.34 | -0.46 | -1.76% | |
| IGM | 64.05 | -0.76 | -1.17% |
