Marvell Technology Group (MRVL)
Marvell Technology Group Tangible Common Equity Ratio: 88.92%
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MRVL Tangible Common Equity Ratio Rankings
| Overall | 3rd percentile | 4221 of 4391 |
| Sector | 5th percentile | 770 of 813 in Technology |
| Industry | 17th percentile | 39 of 47 in Semiconductor - Integrated Circuits |
MRVL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 39.05% | Jul 2007 |
| Maximum | 88.92% | Apr 2012 |
| Average | 68.24% |
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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MRVL News
May 29, 3:07PM Street Insider
May 29, 8:16AM Street Insider
May 22, 4:34PM Fox Business
May 22, 9:00AM Marketwire
May 21, 4:56PM Fox Business
May 21, 4:34PM Fox Business
May 18, 11:10AM Benzinga
May 18, 10:08AM Street Insider
about 12 days ago by nobr3ga
about 12 days ago by TradeIdeasQuant
May 18, 9:31AM Street Insider
May 18, 8:49AM Seeking Alpha
May 18, 8:44AM Street Insider
about 12 days ago by nobr3ga
about 12 days ago by nobr3ga
May 17, 9:20PM Seeking Alpha
about 13 days ago by nobr3ga
about 13 days ago by DynamicDividend
May 17, 4:55PM Wall St. Cheat Sheet
about 13 days ago by earningscast
May 17, 4:34PM Street Insider
about 13 days ago by rogermoore
about 13 days ago by nobr3ga
May 17, 4:03PM Street Insider
about 13 days ago by Benzinga
about 13 days ago by TradeIdeasQuant
May 16, 3:11AM Benzinga
May 14, 5:17PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MRVL | 12.74 | -0.31 | -2.38% | 7.647B |
| MRO | 24.86 | -0.66 | -2.59% | 17.97B |
| MRNAD | 0.7203 | -0.09 | -11.07% | |
| MRNA | 0.7389 | +0.02 | +2.58% | 5.842M |
| MRLN | 13.98 | -0.39 | -2.71% | 182.64M |
| MRK | 37.41 | -0.18 | -0.48% | 114.42B |
| MRH | 20.44 | -0.10 | -0.49% | 1.219B |
| 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 |