MedAssets (MDAS)
MedAssets Tangible Common Equity Ratio: -323.8%
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MDAS Tangible Common Equity Ratio Rankings
| Overall | 99th percentile | 13 of 4385 |
| Sector | 99th percentile | 2 of 814 in Technology |
| Industry | 91st percentile | 1 of 12 in Healthcare Information Services |
MDAS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -333.5% | Dec 2010 |
| Maximum | -25.56% | Mar 2008 |
| Average | -185.0% |
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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MDAS News
May 29, 9:00AM Marketwire
May 23, 8:56AM Street Insider
about 22 days ago by earningscast
May 04, 8:31AM Business Wire
May 04, 8:30AM Business Wire
May 03, 1:05PM Street Insider
about 27 days ago by TradeBot
May 03, 8:30AM Business Wire
about 28 days ago by earningscast
Apr 18, 8:30AM Business Wire
about 43 days ago by marketfolly
about 44 days ago by Street_Insider
Apr 16, 3:22PM Street Insider
Apr 06, 9:40AM Business Wire
Apr 05, 11:02AM Street Insider
Apr 04, 8:31AM Business Wire
Mar 27, 8:30AM Business Wire
Mar 23, 1:46PM Business Wire
about 77 days ago by szaman
about 79 days ago by marketfolly
about 84 days ago by jamiemc101
Mar 01, 1:30PM Business Wire
about 94 days ago by szaman
Feb 24, 1:49PM Street Insider
about 97 days ago by Benzinga
about 106 days ago by GoofyGolfa
about 106 days ago by ivanhoff
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MDAS | 11.52 | -0.03 | -0.26% | 667.71M |
| MD | 62.28 | +0.29 | +0.47% | 3.044B |
| MCZ | 0.45 | +0.01 | +1.81% | 28.05M |
| MCY | 43.70 | +0.03 | +0.07% | 2.397B |
| MCS | 13.88 | +0.20 | +1.46% | 400.14M |
| MBLX | 1.98 | +0.08 | +4.21% | 64.87M |
| MBL | 14.32 | +0.00 | +0.00% | |
| MBI | 8.85 | +0.41 | +4.86% | 1.635B |
| MBG | 27.66 | +0.00 | +0.00% | |
| MBFI | 20.68 | +0.22 | +1.08% | 1.118B |