IPC The Hospitalist Company (IPCM)
IPC The Hospitalist Company Tangible Common Equity Ratio: 21.41%
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IPCM Tangible Common Equity Ratio Rankings
| Overall | 64th percentile | 1551 of 4391 |
| Sector | 72nd percentile | 138 of 504 in Healthcare |
| Industry | 50th percentile | 8 of 16 in Specialized Health Services |
IPCM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 11.97% | Dec 2007 |
| Maximum | 58.55% | Dec 2008 |
| Average | 43.55% |
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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IPCM News
May 09, 12:11PM GlobeNewswire
May 01, 4:01PM GlobeNewswire
about 35 days ago by RecogniaEvents
about 35 days ago by RecogniaEvents
about 35 days ago by TradeBot
about 36 days ago by earningscast
Apr 10, 10:24AM Street Insider
Mar 20, 8:30AM GlobeNewswire
Mar 08, 8:30AM GlobeNewswire
Mar 07, 8:30AM GlobeNewswire
Feb 23, 4:00PM GlobeNewswire
about 99 days ago by earningscast
Feb 21, 4:15PM Street Insider
about 99 days ago by Benzinga
Feb 21, 4:00PM GlobeNewswire
about 104 days ago by Val_U_Investor
Feb 14, 5:00PM GlobeNewswire
Feb 06, 4:01PM GlobeNewswire
Feb 02, 9:35AM GlobeNewswire
about 141 days ago by TradeIdeasQuant
about 145 days ago by djacome
about 145 days ago by Street_Insider
about 216 days ago by Benzinga
about 307 days ago by Benzinga
about 307 days ago by Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IPCM | 35.21 | -0.23 | -0.65% | 585.47M |
| IPCI | 2.96 | +0.00 | +0.00% | 47.09M |
| IPCC | 54.19 | -0.42 | -0.77% | 644.40M |
| IPAS | 2.35 | -0.03 | -1.26% | 141.06M |
| IPAR | 15.45 | -0.29 | -1.84% | 481.01M |
| IP | 29.30 | -0.62 | -2.07% | 13.08B |
| IOT | 1.67 | -0.06 | -3.47% | 6.964M |
| IOSP | 26.46 | -0.85 | -3.11% | 630.04M |
| IHS | 100.20 | -1.50 | -1.47% | 6.629B |
| IHI | 63.13 | -1.02 | -1.59% |
