Morgans Hotel Group (MHGC)

4.45 -0.06  -1.33%  May 30, 8:00PM Go Pro
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Morgans Hotel Group Tangible Common Equity Ratio: -47.84%

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MHGC Tangible Common Equity Ratio Rankings

Overall 95th percentile 219 of 4391
Sector 90th percentile 85 of 852 in Services
Industry 86th percentile 2 of 15 in Lodging

MHGC Tangible Common Equity Ratio Range, Past 5 Years

Minimum -47.84% Mar 2012
Maximum 11.98% Sep 2007
Average -12.52%

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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MHGC News

$MHGC New 52 Week Low - Crossed daily lows support.
about 9 days ago by TradeIdeasQuant
$MHGC filed latest Quarterly Report http://stks.co/3lbU
about 21 days ago by MarketBrief
Listen to $MHGC Q1 2012 earnings call - live at 05:00 PM, ondemand after - http://stks.co/3c0x
about 30 days ago by earningscast
$MHGC forms bullish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/2unz
about 75 days ago by RecogniaEvents
Listen to $MHGC Q4 2011 earnings call - live at 05:00 PM, ondemand after - http://stks.co/2bNi
about 93 days ago by earningscast
One More Mondrian in Europe
Dec 21, 11:00AM
$MHGC Insider Buy: $132K of stock bought by David Hamamoto (Director) on November 28, 2011 http://stks.co/1KnI
about 182 days ago by MarketBrief
$MHGC Insider Buy: $132K of stock bought by David Hamamoto (Director) on November 28, 2011 http://stks.co/1KX0
about 183 days ago by MarketBrief
$MHGC Insider Buy: $262K of stock bought by David Hamamoto (Director) between November 23, 2011 - November 25, 2011 http://stks.co/1IEL
about 185 days ago by MarketBrief
$MHGC Insider Buy: $760K of stock bought by David Hamamoto (Director) between November 21, 2011 - November 22, 2011 http://stks.co/1Fck
about 190 days ago by MarketBrief
$MHGC filed latest Quarterly Report http://stks.co/13PH
about 204 days ago by MarketBrief
5 Trade Setups While Waiting For The Market To Do Something http://stk.ly/pcW4WG $BEBE $GMO $LIOX $MHGC $NKTR
about 316 days ago by SharePlanner
$MHGC Added small shares to my short trade. She is sitting right in the middle of a prior Supply Zone. Close stop.
about 429 days ago by jaythetrader
$MHGC Short Trade open @ $9.64 for Gap Fill play profit target $8.89
about 434 days ago by jaythetrader
$MHGC a possible short for tomorrow. Nice H&S pattern.
about 478 days ago by wallstwiseguy
$mhgc morgans hotel undercover vegas recovery play hitting new highs $mgm $lvs $wynn
about 507 days ago by rigeltrader
$MHGC http://chart.ly/c8gp39y hotels looking bullish
about 550 days ago by blackmarkt
$MHGC http://chart.ly/rem8hyh Looks ready, break of 8.25 gets me long
about 557 days ago by markmandy54
$MHGC http://chart.ly/svjulrb I believe they reported AH but not seeing any stock reaction will review tomorrow huge short float
about 574 days ago by blackmarkt
Sold 1000 $MHGC +.56
about 583 days ago by iparalax
RT @blackmarkt: Interesting action lately in the leisure hospitality sector seeing relative strength $HMIN $MHGC & now $RCL
about 583 days ago by flare9x
Interesting action lately in the leisure hospitality sector seeing relative strength $HMIN $MHGC & now $RCL
about 583 days ago by blackmarkt
$MHGC http://chart.ly/44cn9xv b/o of bullish wedge, HUGE short float +10%
about 583 days ago by blackmarkt
Watchlist: $SCSS, $AKAM, $WFMI, $MHGC, $WEN, $TNK, $LLNW, $IDCC, $MENT, $CAB, $SPN, $ALTR, $PFCB, $CTRP
about 584 days ago by 1nvestor
RT @1nvestor $MHGC http://chart.ly/4u4yor9 Testing prior RES right here. MACD curled up. Good volume here lately. Wants over 8. Stalking.
about 584 days ago by gtotoy
$MHGC http://chart.ly/4u4yor9 Testing prior RES right here. MACD curled up. Good volume here lately. Wants over 8. Stalking.
about 584 days ago by 1nvestor

Recent Quotes

Symbol Price Chg Chg % Market Cap
MHGC 4.45 -0.06 -1.33% 137.02M
MHF 8.22 -0.04 -0.48%
MGYR 4.00 -0.15 -3.61% 23.16M
MGV 39.11 -0.55 -1.39%
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
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