National Health Investors (NHI)
National Health Investors Tangible Common Equity Ratio: 77.78%
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NHI Tangible Common Equity Ratio Rankings
| Overall | 12th percentile | 3861 of 4390 |
| Sector | 4th percentile | 831 of 871 in Financial |
| Industry | 0th percentile | 9 of 9 in REIT - Healthcare Facilities |
NHI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 74.09% | Jun 2007 |
| Maximum | 95.46% | Sep 2009 |
| Average | 88.50% |
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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NHI News
May 30, 7:26PM Business Wire
about 20 days ago by earningscast
May 10, 4:28PM Street Insider
May 01, 6:00AM Business Wire
Apr 24, 3:24PM PR Newswire
about 78 days ago by RecogniaEvents
Mar 12, 6:27AM Street Insider
Mar 05, 8:04PM Business Wire
Mar 05, 4:07PM Street Insider
about 87 days ago by Benzinga
Feb 16, 1:49PM Street Insider
about 120 days ago by rheetta
about 120 days ago by billgunderson
about 121 days ago by billgunderson
about 175 days ago by DynamicDividend
about 175 days ago by Benzinga
about 460 days ago by OptionsHawk
about 618 days ago by whalewisdom
about 1065 days ago by AbnormalReturn
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NHI | 47.85 | -0.98 | -2.01% | 1.329B |
| NHC | 43.20 | -0.29 | -0.67% | 598.75M |
| NCMI | 13.69 | -0.26 | -1.86% | 767.60M |
| NCL | 15.02 | -0.03 | -0.20% | |
| NCIT | 4.36 | +0.96 | +28.24% | 59.17M |
| NCI | 12.07 | -0.27 | -2.19% | 628.00M |
| NCBC | 4.50 | -0.40 | -8.16% | 30.87M |
| NCB | 16.53 | +0.09 | +0.54% | |
| NCA | 10.05 | +0.00 | +0.00% | |
| NC | 105.11 | -2.33 | -2.17% | 881.87M |
