MoneyGram International (MGI)
MoneyGram International Tangible Common Equity Ratio: -17.06%
View MGI 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
MGI Tangible Common Equity Ratio Rankings
| Overall | 90th percentile | 419 of 4391 |
| Sector | 83rd percentile | 144 of 852 in Services |
| Industry | 70th percentile | 27 of 91 in Business Services |
MGI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -30.45% | Mar 2011 |
| Maximum | 2.08% | Jun 2007 |
| Average | -19.66% |
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 MGI related companies
MGI News
May 15, 8:00AM Business Wire
May 03, 8:00AM Business Wire
May 01, 8:41AM Business Wire
Apr 26, 4:15PM Seeking Alpha
about 35 days ago by earningscast
Apr 24, 7:00AM Business Wire
Apr 19, 8:00AM Business Wire
Apr 10, 7:01AM Street Insider
about 62 days ago by RecogniaEvents
Mar 23, 5:46PM Seeking Alpha
about 71 days ago by earningscast
about 118 days ago by earningscast
about 156 days ago by MarketBrief
about 156 days ago by MarketBrief
about 156 days ago by MarketBrief
about 156 days ago by MarketBrief
about 156 days ago by MarketBrief
about 185 days ago by MarketBrief
about 185 days ago by MarketBrief
about 185 days ago by MarketBrief
about 185 days ago by MarketBrief
about 185 days ago by MarketBrief
about 190 days ago by MarketBrief
about 195 days ago by MarketBrief
about 202 days ago by slvrserfr
about 244 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MGI | 13.90 | -0.30 | -2.11% | 821.33M |
| MEAD | 3.54 | +0.00 | +0.00% | 4.354M |
| MEA | 2.57 | -0.12 | -4.46% | 127.88M |
| MDY | 169.01 | -3.44 | -1.99% | |
| MDW | 1.21 | -0.01 | -0.82% | 139.07M |
| MDVN | 85.01 | -1.60 | -1.85% | 3.119B |
| MDU | 22.43 | -0.41 | -1.80% | 4.313B |
| MDTH | 7.88 | -0.20 | -2.48% | 164.43M |
| MDT | 36.65 | -0.63 | -1.69% | 38.79B |
| MDSO | 27.76 | -0.13 | -0.47% | 695.30M |