NTELOS (NTLS)
NTELOS Tangible Common Equity Ratio: -36.94%
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NTLS Tangible Common Equity Ratio Rankings
| Overall | 93rd percentile | 283 of 4391 |
| Sector | 93rd percentile | 55 of 813 in Technology |
| Industry | 88th percentile | 4 of 34 in Wireless Communications |
NTLS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -45.65% | Jun 2007 |
| Maximum | -3.68% | Dec 2010 |
| Average | -31.07% |
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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NTLS News
May 22, 7:30AM PR Newswire
May 09, 4:43PM Business Wire
May 01, 8:46AM Street Insider
about 31 days ago by earningscast
about 34 days ago by TradeBot
Apr 18, 3:30PM Business Wire
Apr 04, 6:00AM Business Wire
about 69 days ago by MarketBrief
about 70 days ago by MarketBrief
Mar 02, 8:00AM Business Wire
Feb 29, 7:00AM Business Wire
about 301 days ago by Benzinga
about 540 days ago by Street_Insider
about 647 days ago by Legacy_Trades
about 669 days ago by OptionRadar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NTLS | 18.70 | -0.54 | -2.81% | 407.50M |
| NTL | 15.50 | -0.51 | -3.19% | 470.85M |
| NFC | 14.52 | +0.01 | +0.07% | |
| NFBK | 13.30 | -0.27 | -1.99% | 548.77M |
| NEXS | 0.47 | +0.05 | +11.93% | 6.907M |
| NEWT | 1.343 | +0.01 | +0.99% | 49.17M |
| NEWS | 11.17 | -0.69 | -5.82% | 586.36M |
| NEWP | 12.04 | -0.28 | -2.27% | 465.33M |
| NEWN | 0.6001 | -0.03 | -4.75% | 9.166M |
| NEWL | 1.562 | -0.10 | -5.90% | 13.01M |
