Metabolix (MBLX)
Metabolix Tangible Common Equity Ratio: 95.07%
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MBLX Tangible Common Equity Ratio Rankings
| Overall | 1st percentile | 4343 of 4391 |
| Sector | 3rd percentile | 488 of 507 in Basic Materials |
| Industry | 0th percentile | 53 of 53 in Specialty Chemicals |
MBLX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 27.02% | Mar 2011 |
| Maximum | 95.07% | Mar 2012 |
| Average | 58.54% |
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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MBLX News
May 29, 9:00AM Business Wire
about 5 days ago by abdulalikon
about 16 days ago by MarketBrief
about 20 days ago by stkwatcherpro
about 22 days ago by epime7heus
about 33 days ago by meatloose
Apr 26, 4:01PM Business Wire
about 35 days ago by meatloose
Apr 23, 9:00AM Business Wire
Apr 23, 9:00AM Business Wire
Apr 10, 9:00AM Business Wire
Apr 04, 8:33PM PR Newswire
about 62 days ago by RecogniaEvents
Mar 27, 4:38PM PR Newswire
about 77 days ago by MicroInsider
Mar 14, 9:02AM Benzinga
Mar 12, 3:00PM PR Newswire
about 80 days ago by VexTrades
about 85 days ago by earningscast
Mar 06, 4:01PM Business Wire
Mar 01, 6:30PM Business Wire
about 91 days ago by Fakemoney123
about 91 days ago by amitp_gupta
Feb 28, 6:08PM Business Wire
Feb 24, 9:30PM Business Wire
Feb 24, 7:04PM Business Wire
Feb 21, 9:00AM Business Wire
Feb 20, 8:23PM Business Wire
about 111 days ago by GoofyGolfa
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MBLX | 1.95 | -0.03 | -1.52% | 67.60M |
| LXK | 25.35 | -0.76 | -2.91% | 1.858B |
| LWAY | 10.06 | +0.10 | +1.00% | 165.29M |
| LVS | 47.42 | -1.61 | -3.28% | 35.99B |
| LVLT | 21.60 | -0.74 | -3.31% | 4.828B |
| LVL | 12.16 | -0.18 | -1.46% | |
| LVB | 22.35 | -0.09 | -0.40% | 277.36M |
| LUX | 32.28 | -1.45 | -4.30% | 15.76B |
| LUV | 8.83 | -0.11 | -1.23% | 6.910B |
| LINE | 35.56 | -0.51 | -1.41% | 7.191B |