Merge Healthcare (MRGE)
Merge Healthcare Tangible Common Equity Ratio: -99.64%
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MRGE Tangible Common Equity Ratio Rankings
| Overall | 97th percentile | 94 of 4391 |
| Sector | 97th percentile | 17 of 813 in Technology |
| Industry | 83rd percentile | 2 of 12 in Healthcare Information Services |
MRGE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -155.0% | Jun 2010 |
| Maximum | 38.44% | Dec 2009 |
| Average | -40.06% |
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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MRGE News
about 7 days ago by markajor
May 23, 7:01AM GlobeNewswire
May 10, 11:37AM Street Insider
about 20 days ago by TradeBot
about 21 days ago by jpp10780
May 09, 7:02AM GlobeNewswire
May 01, 4:32PM Fox Business
May 01, 7:02AM GlobeNewswire
Apr 10, 7:02AM GlobeNewswire
about 56 days ago by TradeBot
Apr 04, 9:12AM Street Insider
about 57 days ago by Robustcap
about 57 days ago by Robustcap
about 57 days ago by stockdoctor
Apr 03, 1:01PM The Wall Street Journal
about 57 days ago by TradeBot
Mar 26, 7:03AM GlobeNewswire
about 84 days ago by chessNwine
Feb 21, 7:16AM GlobeNewswire
Feb 15, 5:37PM GlobeNewswire
about 108 days ago by waterburyresearch
about 182 days ago by MicroInsider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MRGE | 2.40 | -0.08 | -3.23% | 225.70M |
| MRF | 7.84 | -0.06 | -0.76% | |
| MNDO | 1.68 | -0.03 | -1.75% | 32.03M |
| MMYT | 13.61 | -0.64 | -4.49% | 525.11M |
| MMV | 15.00 | +0.00 | +0.03% | |
| MMT | 6.91 | -0.07 | -1.00% | |
| MMSI | 12.98 | -0.23 | -1.74% | 554.82M |
| MMS | 45.86 | -0.57 | -1.23% | 1.567B |
| MMR | 9.65 | -0.34 | -3.40% | 1.614B |
| MMP | 69.35 | -0.65 | -0.93% | 7.917B |