Meredith Corporation (MDP)
Meredith Corporation Tangible Common Equity Ratio: -72.85%
View MDP 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
MDP Tangible Common Equity Ratio Rankings
| Overall | 96th percentile | 139 of 4391 |
| Sector | 93rd percentile | 53 of 852 in Services |
| Industry | 50th percentile | 3 of 6 in Publishing - Periodicals |
MDP Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -73.61% | Dec 2008 |
| Maximum | -46.22% | Jun 2011 |
| Average | -59.00% |
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 MDP related companies
MDP News
about 7 days ago by GoofyGolfa
about 15 days ago by TradeIdeasQuant
about 15 days ago by TradeIdeasQuant
about 36 days ago by TradeBot
about 36 days ago by earningscast
Apr 25, 8:07AM Benzinga
Apr 25, 8:03AM Street Insider
Apr 19, 8:00AM Marketwire
about 128 days ago by earningscast
about 141 days ago by valuewalk
about 147 days ago by howardlindzon
about 180 days ago by 1nvestor
about 182 days ago by MagicDiligence
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MDP | 29.62 | +0.04 | +0.14% | 1.325B |
| OESX | 2.14 | +0.07 | +3.38% | 47.63M |
| OEH | 8.20 | -0.30 | -3.53% | 872.86M |
| ODP | 2.18 | -0.04 | -1.80% | 623.51M |
| ODFL | 43.36 | -1.31 | -2.93% | 2.566B |
| ODC | 19.86 | -0.46 | -2.26% | 104.04M |
| OCZ | 4.58 | -0.33 | -6.72% | 322.88M |
| OCR | 31.99 | -0.46 | -1.42% | 3.687B |
| OCN | 16.06 | -0.03 | -0.19% | 2.092B |
| OCLS | 0.7309 | -0.03 | -3.83% | 22.06M |
