Kenexa Corporation (KNXA)
Kenexa Corporation Tangible Common Equity Ratio: 27.05%
View KNXA 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
KNXA Tangible Common Equity Ratio Rankings
| Overall | 60th percentile | 1755 of 4391 |
| Sector | 73rd percentile | 218 of 813 in Technology |
| Industry | 64th percentile | 20 of 56 in Business Software & Services |
KNXA Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 15.37% | Dec 2010 |
| Maximum | 70.64% | Sep 2007 |
| Average | 52.19% |
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 KNXA related companies
KNXA News
about 2 hours ago by abubnic
about 22 days ago by TradeIdeasQuant
about 28 days ago by OptimusPrime
about 29 days ago by earningscast
Apr 10, 9:00AM Marketwire
Apr 05, 4:05PM Business Wire
Mar 15, 12:52PM Street Insider
about 92 days ago by abubnic
Feb 28, 8:30AM Business Wire
about 114 days ago by earningscast
about 114 days ago by Benzinga
Feb 06, 4:05PM Business Wire
Feb 06, 6:30AM Business Wire
about 132 days ago by TwitStocks
about 132 days ago by TwitStocks
about 140 days ago by Street_Insider
about 159 days ago by TwitStocks
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| KNXA | 29.77 | -0.74 | -2.43% | 831.40M |
| IL | 4.10 | -0.11 | -2.61% | 230.50M |
| IKNX | 8.00 | +0.09 | +1.14% | 15.92M |
| IKAN | 0.87 | +0.01 | +0.58% | 59.98M |
| IJS | 71.95 | -1.15 | -1.57% | |
| IJK | 105.87 | -1.72 | -1.60% | |
| IJH | 93.01 | -1.66 | -1.75% | |
| IIVI | 19.38 | -0.21 | -1.07% | 1.231B |
| IIT | 21.79 | -0.34 | -1.54% | 2.368B |
| IIM | 16.22 | -0.01 | -0.06% |
