Kraft Foods (KFT)
Kraft Foods Tangible Common Equity Ratio: -79.90%
View KFT Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
KFT Tangible Common Equity Ratio Rankings
| Overall | 97th percentile | 122 of 4391 |
| Sector | 97th percentile | 11 of 381 in Consumer Goods |
| Industry | 91st percentile | 1 of 12 in Food - Major Diversified |
KFT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -94.62% | Jun 2010 |
| Maximum | -38.72% | Jun 2007 |
| Average | -73.22% |
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.
Learn More
You may also be interested in these KFT related companies
KFT News
about 3 hours ago by LouisEbner
about 10 hours ago by bradloncar
about a day ago by woowtrading
about 5 days ago by kblover
about 6 days ago by inelegantinvest
about 7 days ago by TMXmoney
about 7 days ago by stockgut
about 11 days ago by bradloncar
May 18, 12:56PM Street Insider
about 12 days ago by lindseycbell
May 18, 9:01AM Benzinga
about 13 days ago by LouisEbner
May 16, 9:05AM Business Wire
about 22 days ago by indiantraveler
about 23 days ago by TradeBot
about 26 days ago by TradeIdeasQuant
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| KFT | 38.29 | -0.36 | -0.93% | 68.34B |
| KFS | 0.5801 | -0.03 | -4.90% | 30.37M |
| KFRC | 13.46 | -0.53 | -3.79% | 533.58M |
| KFN | 8.35 | -0.11 | -1.30% | 1.509B |
| KFFB | 8.40 | -0.22 | -2.55% | 65.02M |
| KDN | 22.56 | -0.40 | -1.74% | 733.57M |
| KCLI | 31.78 | -0.43 | -1.33% | 364.30M |
| KCG | 12.54 | +0.09 | +0.72% | 1.233B |
| KCAP | 5.70 | -0.03 | -0.52% | 131.85M |
| KBX | 0.6801 | +0.00 | +0.01% | 56.08M |
