Nokia Corporation (NOK)

2.69 -0.26  -8.81%  May 30, 5:20PM Go Pro
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Nokia Corporation Tangible Common Equity Ratio: 23.34%

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NOK Tangible Common Equity Ratio Rankings

Overall 63rd percentile 1606 of 4391
Sector 76th percentile 192 of 813 in Technology
Industry 82nd percentile 11 of 62 in Communication Equipment

NOK Tangible Common Equity Ratio Range, Past 5 Years

Minimum 12.74% Sep 2008
Maximum 33.44% Mar 2008
Average 24.30%

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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NOK News

Today's Dividend-Paying Winners and Losers: http://stks.co/42OB $BAH $TEVA $MON $LEN $FINL $NOK $KBH $CNQ $PBY ...
about 2 hours ago by DynamicDividend
$RIMM Captain Kirrahe believes RIMM will meet $NOK sooner than you think. Hold the line!
about 5 hours ago by CaptainKirrahe
Whoever is downgrading $nok this late should be fired!!! Where were you $5 ago....
about 8 hours ago by frankdatrader
http://stks.co/41s7 Stocks @CNBC worth watching today: $JPM, $RIMM, $NOK, $LNK, $TFM, $CRM, $GRPN, $PBY, $SLM, $WYN, $ANGI, $FINL, and $FB
about 10 hours ago by Marketaction
$RIMM will have the same destiny as $NOK
about 10 hours ago by kotekaz
MKM Partners Downgrades Nokia (NOK) to Sell
May 30, 7:55AM Street Insider
@lavidboys Yeah! If $NOK was in any danger of going bankrupt, what would be the point in accelerating that death, by maintaining a dividend?
about 14 hours ago by mitrado
$NOK Isn't stock predicting 6 months ahead ? In that sense $NOK might go up or down .... currently looks like long ?
about 18 hours ago by artlar
I dislike when people talk about $NOK going bankrupt or comparing it 2 $RIMM. $NOK is preparing for the future unlike $RIMM.
about 21 hours ago by lavidboys
Current $RIMM issues, Samsung family issues could be great for $NOK . Seems like most obv partner for $FB via $MSFT
about 23 hours ago by hweiss01
Will $JPM advise $RIMM to "hedge" its declining BlackBerry business by going long on $NOK stock? #bleakberry
about a day ago by lamonicabuzz
$RIMM Surprised that Prem Watsa would stay invested in RIMM. Canada bias did him in? Want deep value get $NOK, below cash or $AAPL growth.
about a day ago by RJR
Think this latest $RIMM news might give $NOK a lift.
about a day ago by mcclux
Surprise layoffs at $rimm. 2000 heads on the chopping says Reuters. $nok be worried. $AAPL $goog
about a day ago by totalguru
Today's Dividend-Paying Winners and Losers: http://stks.co/41Gb $VIP $SPRD $BTU $HUN $NOK $CMC $SAFM $GG $STX $TSCO ...
about a day ago by DynamicDividend
$NOK Is a scam. Short.
about a day ago by Dostoevsky
Time to Log Out of RIMM Stock
May 29, 2:00PM Investor Place
@drabber13 Yes, but there were no bad news and the entire market is up, even stocks like $DNDN and $NOK are going up. It's incomprehensible.
about a day ago by mitrado
$AMRN, the worst stock of my portfolio today. $DNDN, $NOK, $GFA, $HPQ & $NOK... all better than $AMRN today!? I just don't get it.
about a day ago by mitrado
RT @TrendRida New Post: Has FaceBook topped? http://stks.co/40OH $FB $AAPL $RIMM $GOOG $NOK $DELL $HPQ $IBM
about 2 days ago by FMDS
Nokia and Samsung big players in the NFC market $NOK ... Is apple lagging in this sense?
about 2 days ago by Zraic
New Post: Has FaceBook topped? http://stks.co/40Gb $FB $AAPL $RIMM $GOOG $NOK $DELL $HPQ $IBM
about 2 days ago by TrendRida
$NOK I am long on $NOK. Have a feeling when the new windows phone and tablet comes out it will go above $4 or early 2013.
about 4 days ago by borisbadenov
$NOK waiting til this stocks bottoms so I can purchase. NOK has big R&D and WinPhone 8 coming this fall. Verizon has express interest in NOK
about 4 days ago by lavidboys
@FoolishMikee That's what I was saying. The RD comment was just saying $NOK can focus on better hardware and ms on security updates and os
about 4 days ago by xoo
@FoolishMikee another thing with $nok is they only have to focus on hardware R&D. I think that is the biggest plus for working with $MSFT.
about 4 days ago by xoo
@FoolishMikee I am thinking if $nok as a startup that has made a name but needs to prove they can make good products.
about 4 days ago by xoo
Stocks with implied volatility movement; NOK GLW
May 24, 7:16AM Street Insider
Can InterDigital Turn It Around?
May 21, 2:01PM Fool
Qualcomm to Divest Indian Venture
May 16, 4:15PM Zacks
Nokia Shores Up Bottom of Its Market
May 15, 4:15PM New York Times

Recent Quotes

Symbol Price Chg Chg % Market Cap
NOK 2.69 -0.26 -8.81% 11.05B
NOIZ 7.41 -0.49 -6.20% 36.10M
NOG 17.78 -0.63 -3.42% 1.169B
NOC 58.84 -0.14 -0.24% 14.92B
NOAH 5.00 -0.18 -3.47% 289.67M
NNY 10.06 -0.07 -0.69%
NNN 26.48 -0.47 -1.74% 2.851B
NNI 23.07 +0.05 +0.22% 1.085B
NNBR 7.67 -0.40 -4.96% 136.79M
NJR 41.83 -0.79 -1.85% 1.768B
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