Imation Corporation (IMN)
Imation Corporation Tangible Common Equity Ratio: 49.79%
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IMN Tangible Common Equity Ratio Rankings
| Overall | 36th percentile | 2774 of 4385 |
| Sector | 53rd percentile | 381 of 814 in Technology |
| Industry | 44th percentile | 10 of 18 in Data Storage Devices |
IMN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 46.55% | Dec 2011 |
| Maximum | 62.95% | Jun 2007 |
| Average | 52.07% |
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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IMN News
about 35 days ago by earningscast
about 69 days ago by MarketBrief
Mar 21, 11:52AM Business Wire
Mar 08, 9:00AM Business Wire
Mar 02, 2:44PM The Wall Street Journal
about 91 days ago by earningscast
Feb 22, 8:00AM Business Wire
Feb 14, 8:06AM Business Wire
about 113 days ago by exkapie
about 116 days ago by exkapie
about 116 days ago by earningscast
about 117 days ago by exkapie
about 117 days ago by TheEquitiesRoom
about 118 days ago by exkapie
about 119 days ago by exkapie
about 129 days ago by exkapie
about 166 days ago by valuewalk
about 175 days ago by valuewalk
about 183 days ago by MarketBrief
about 222 days ago by GlennBusch
about 354 days ago by secretbonus
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IMN | 5.71 | +0.16 | +2.88% | 212.73M |
| IDSA | 5.13 | -0.02 | -0.39% | 35.74M |
| IDRA | 1.00 | -0.02 | -1.96% | 27.64M |
| IDN | 1.64 | -0.09 | -5.07% | 47.44M |
| IDIX | 9.41 | -0.27 | -2.79% | 1.041B |
| IDI | 1.85 | -0.03 | -1.60% | 38.59M |
| IDCC | 25.28 | +0.14 | +0.56% | 1.134B |
| IDA | 39.30 | +0.17 | +0.43% | 1.955B |
| ICUI | 52.22 | +0.21 | +0.40% | 722.94M |
| ICS | 15.36 | +0.07 | +0.46% |
