j2 Global (JCOM)
j2 Global Tangible Common Equity Ratio: 59.98%
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JCOM Tangible Common Equity Ratio Rankings
| Overall | 27th percentile | 3186 of 4385 |
| Sector | 42nd percentile | 466 of 814 in Technology |
| Industry | 50th percentile | 11 of 22 in Internet Software & Services |
JCOM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 33.11% | Dec 2010 |
| Maximum | 78.36% | Jun 2007 |
| Average | 66.03% |
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.
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JCOM News
about 12 days ago by MagicDiligence
May 09, 4:34PM Fox Business
about 26 days ago by DynamicDividend
about 26 days ago by earningscast
about 29 days ago by Lookatthesky
about 35 days ago by FASTgraphs
Apr 10, 4:38AM Benzinga
about 54 days ago by Ricgold1
about 64 days ago by MarketBrief
Mar 27, 6:13AM Marketwire
Mar 23, 5:46AM Benzinga
Feb 28, 8:14AM Business Wire
about 105 days ago by earningscast
about 105 days ago by DynamicDividend
about 105 days ago by wallstreetbean
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| JCOM | 24.56 | +0.25 | +1.03% | 1.172B |
| JCI | 31.26 | +0.72 | +2.36% | 20.79B |
| JCDA | 1.50 | +0.00 | +0.00% | 6.24M |
| JBT | 14.30 | +0.21 | +1.49% | 407.62M |
| JBSS | 14.68 | +0.59 | +4.19% | 150.90M |
| JBLU | 4.72 | -0.03 | -0.63% | 1.340B |
| HR | 22.13 | +0.48 | +2.22% | 1.687B |
| HQL | 14.30 | +0.28 | +2.00% | |
| HPY | 29.75 | +0.28 | +0.95% | 1.146B |
| HPT | 24.53 | +0.37 | +1.53% | 3.030B |
