Mannatech (MTEX)
Mannatech Tangible Common Equity Ratio: 37.57%
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MTEX Tangible Common Equity Ratio Rankings
| Overall | 48th percentile | 2253 of 4391 |
| Sector | 50th percentile | 188 of 381 in Consumer Goods |
| Industry | 38th percentile | 11 of 18 in Personal Products |
MTEX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 37.16% | Dec 2011 |
| Maximum | 61.32% | Sep 2007 |
| Average | 50.34% |
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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MTEX News
about 21 days ago by RecogniaEvents
Apr 23, 12:36PM Business Wire
Apr 19, 5:30PM Business Wire
Apr 04, 10:00AM Business Wire
Mar 27, 3:00PM Business Wire
about 71 days ago by RecogniaEvents
about 78 days ago by TradeIdeas1
about 84 days ago by RecogniaEvents
Mar 06, 9:30AM Business Wire
about 90 days ago by RecogniaEvents
about 90 days ago by RecogniaEvents
about 90 days ago by RecogniaEventsTest
Feb 28, 4:30PM Business Wire
Feb 15, 4:30PM Business Wire
Feb 01, 4:00PM Business Wire
Jan 05, 4:03PM Street Insider
Jan 05, 4:01PM Business Wire
Jan 04, 5:30PM Business Wire
about 185 days ago by MarketBrief
about 502 days ago by canarionyc
about 849 days ago by Trending123
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MTEX | 5.190 | +0.69 | +15.33% | 13.75M |
| MTE | 0.77 | +0.01 | +1.30% | 242.55M |
| MTD | 159.84 | -6.66 | -4.00% | 5.046B |
| MHI | 15.65 | +0.00 | +0.00% | |
| MHH | 5.82 | -0.03 | -0.51% | 18.27M |
| 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 |
