Liberty Global (LBTYA)
Liberty Global Tangible Common Equity Ratio: -68.77%
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LBTYA Tangible Common Equity Ratio Rankings
| Overall | 96th percentile | 149 of 4385 |
| Sector | 93rd percentile | 58 of 852 in Services |
| Industry | 65th percentile | 7 of 20 in CATV Systems |
LBTYA Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -68.77% | Mar 2012 |
| Maximum | -36.81% | Dec 2009 |
| Average | -54.47% |
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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LBTYA News
May 29, 9:00AM Marketwire
May 11, 2:58PM Seeking Alpha
about 19 days ago by earningscast
about 70 days ago by FredInvesting201
about 77 days ago by ajb_2010
about 97 days ago by earningscast
about 209 days ago by StockTiger
about 299 days ago by marketfolly
about 340 days ago by StockTwits
about 349 days ago by chicagosean
about 363 days ago by STNet
about 363 days ago by allstarcharts
about 363 days ago by abnormalreturns
about 376 days ago by ToddSullivan
about 406 days ago by position_trader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LBTYA | 47.54 | +0.23 | +0.49% | 12.97B |
| LBJ | 59.58 | +2.32 | +4.05% | |
| LBAI | 9.06 | -0.05 | -0.55% | 243.90M |
| LAZ | 23.39 | +0.29 | +1.26% | 2.974B |
| LAYN | 19.27 | -0.01 | -0.05% | 380.78M |
| LAWS | 9.71 | +0.40 | +4.30% | 83.21M |
| LAS | 2.33 | +0.09 | +4.02% | 68.67M |
| LAQ | 30.62 | +0.12 | +0.40% | |
| LANC | 66.34 | +0.61 | +0.93% | 1.808B |
| LAMR | 25.31 | +0.32 | +1.28% | 2.355B |