MGT Capital Investments (MGT)
MGT Capital Investments Tangible Common Equity Ratio: 82.39%
View MGT 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
MGT Tangible Common Equity Ratio Rankings
| Overall | 8th percentile | 4017 of 4391 |
| Sector | 14th percentile | 12 of 14 in Conglomerates |
| Industry | 14th percentile | 12 of 14 in Conglomerates |
MGT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -40.02% | Jun 2008 |
| Maximum | 92.22% | Mar 2010 |
| Average | 53.36% |
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 MGT related companies
MGT News
May 29, 8:50AM Benzinga
about 7 days ago by TradeIdeasQuant
about 7 days ago by super_trades
about 7 days ago by super_trades
about 7 days ago by super_trades
about 7 days ago by super_trades
about 8 days ago by super_trades
about 10 days ago by super_trades
about 10 days ago by super_trades
about 10 days ago by super_trades
about 38 days ago by LincolnList
Mar 29, 3:04PM Benzinga
Mar 29, 3:03PM Business Wire
about 63 days ago by TCAdvisors
Mar 29, 12:56PM Street Insider
about 65 days ago by WatchInsiders
Mar 16, 5:33PM Business Wire
Feb 23, 6:56PM Business Wire
about 148 days ago by MarketBrief
Oct 04, 9:50AM PR Newswire
Aug 29, 1:33PM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MGT | 4.80 | -0.05 | -1.03% | 10.13M |
| MGRC | 24.95 | -0.40 | -1.58% | 614.27M |
| MGPI | 3.37 | -0.13 | -3.71% | 60.36M |
| MGN | 1.408 | +0.01 | +0.57% | 40.47M |
| MGM | 10.92 | -0.25 | -2.24% | 5.338B |
| MGLN | 41.83 | -0.55 | -1.30% | 1.137B |
| MGK | 51.97 | -0.65 | -1.23% | |
| MGIC | 5.78 | +0.06 | +1.05% | 219.29M |
| MGI | 13.90 | -0.30 | -2.11% | 803.98M |
| MEAD | 3.54 | +0.00 | +0.00% | 4.354M |
