Lifetime Brands (LCUT)
Lifetime Brands Tangible Common Equity Ratio: 37.82%
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LCUT Tangible Common Equity Ratio Rankings
| Overall | 48th percentile | 2261 of 4391 |
| Sector | 50th percentile | 190 of 381 in Consumer Goods |
| Industry | 0th percentile | 7 of 7 in Housewares & Accessories |
LCUT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 18.89% | Mar 2009 |
| Maximum | 41.39% | Jun 2011 |
| Average | 29.04% |
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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LCUT News
about 30 days ago by MarketBrief
about 35 days ago by RecogniaEvents
Apr 25, 8:00AM Business Wire
Mar 08, 7:00AM Street Insider
Feb 29, 8:00AM Business Wire
Feb 27, 8:05AM Benzinga
Feb 07, 5:26PM Street Insider
Dec 27, 8:00AM Business Wire
about 168 days ago by DynamicDividend
about 205 days ago by abubnic
Oct 24, 4:05PM Business Wire
about 237 days ago by DynamicDividend
Sep 26, 8:00AM Business Wire
about 342 days ago by Currencywatcher
about 342 days ago by Currencywatcher
about 342 days ago by Currencywatcher
about 342 days ago by Currencywatcher
about 342 days ago by Currencywatcher
about 342 days ago by Currencywatcher
about 342 days ago by Currencywatcher
about 469 days ago by speedbomb
about 642 days ago by stt2318
about 686 days ago by stockaddict
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LCUT | 11.30 | +0.05 | +0.44% | 139.84M |
| KWR | 41.92 | -0.16 | -0.38% | 543.67M |
| KWK | 4.205 | -0.35 | -7.79% | 781.36M |
| KW | 12.87 | -0.41 | -3.09% | 688.30M |
| KVHI | 9.40 | -0.20 | -2.08% | 140.16M |
| KVB | 1.280 | -0.10 | -7.21% | 63.83M |
| KV.A | 1.18 | -0.04 | -3.28% | 73.05M |
| KUTV | 1.26 | -0.07 | -5.26% | 46.30M |
| KUN | 0.1428 | +0.00 | +0.00% | 2.810M |
| KUB | 41.97 | +0.05 | +0.12% | 10.53B |
