Maxim Integrated Products (MXIM)
Maxim Integrated Products Tangible Common Equity Ratio: 61.42%
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MXIM Tangible Common Equity Ratio Rankings
| Overall | 26th percentile | 3244 of 4391 |
| Sector | 41st percentile | 479 of 813 in Technology |
| Industry | 45th percentile | 13 of 24 in Semiconductor - Broad Line |
MXIM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 61.42% | Mar 2012 |
| Maximum | 86.83% | Jun 2007 |
| Average | 76.32% |
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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MXIM News
May 29, 9:30AM PR Newswire
May 09, 4:00PM PR Newswire
May 07, 9:00AM PR Newswire
May 03, 4:00PM PR Newswire
May 01, 9:00AM PR Newswire
Apr 26, 9:30PM Seeking Alpha
about 34 days ago by earningscast
Apr 26, 4:49PM Street Insider
Apr 25, 9:04AM Benzinga
about 51 days ago by Rossco1
about 53 days ago by Rossco1
about 69 days ago by tickerly
about 91 days ago by earningscast
about 104 days ago by FITZSTOCK2004
about 104 days ago by ptposture1
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MXIM | 25.43 | -0.28 | -1.09% | 7.501B |
| MXI | 54.26 | -1.39 | -2.51% | |
| MXF | 22.46 | -0.26 | -1.14% | |
| MXC | 6.45 | +0.55 | +9.32% | 13.09M |
| MXA | 17.08 | +0.01 | +0.06% | |
| MWW | 8.65 | -0.06 | -0.69% | 1.072B |
| MWIV | 93.77 | -0.63 | -0.67% | 1.201B |
| MOVED | 8.29 | +0.22 | +2.73% | |
| MOVE | 8.03 | -0.26 | -3.14% | 326.96M |
| MOV | 28.45 | -0.34 | -1.18% | 525.99M |
