MV Oil Trust (MVO)
MV Oil Trust Tangible Common Equity Ratio: 100.0%
View MVO 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
MVO Tangible Common Equity Ratio Rankings
| Overall | 0th percentile | 4388 of 4391 |
| Sector | 0th percentile | 506 of 507 in Basic Materials |
| Industry | 0th percentile | 63 of 63 in Oil & Gas Drilling & Exploration |
MVO Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 100.0% | Jun 2007 |
| Maximum | 100.0% | Jun 2007 |
| Average | 100.0% |
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 MVO related companies
MVO News
about 21 days ago by NakedSwanTrading
about 103 days ago by erjan
about 205 days ago by covestor
about 310 days ago by TurnKeyOil
about 456 days ago by abubnic
about 485 days ago by gostocks
about 505 days ago by abubnic
about 506 days ago by Benzinga
about 567 days ago by JeffReevesIP
about 780 days ago by OptionRadar
about 1038 days ago by EyeNoStuff
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MVO | 36.13 | -0.85 | -2.30% | 425.27M |
| MVIS | 1.91 | -0.68 | -26.25% | 44.08M |
| MTD | 159.92 | -6.58 | -3.95% | 5.256B |
| MTB | 80.91 | -1.99 | -2.40% | 10.48B |
| MT | 14.12 | -0.81 | -5.43% | 23.30B |
| MSY | 6.18 | -0.03 | -0.48% | |
| MSW | 8.51 | -0.08 | -0.93% | 194.74M |
| MSTR | 122.22 | -4.86 | -3.82% | 1.370B |
| MSPD | 3.35 | -0.17 | -4.83% | 122.81M |
| MSP | 11.08 | -0.08 | -0.73% |
