Network Equipment Technologies (NWK)
Network Equipment Technologies Tangible Common Equity Ratio: 12.44%
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NWK Tangible Common Equity Ratio Rankings
| Overall | 71st percentile | 1230 of 4391 |
| Sector | 80th percentile | 160 of 813 in Technology |
| Industry | 82nd percentile | 3 of 17 in Networking & Communication Devices |
NWK Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 12.44% | Mar 2012 |
| Maximum | 65.01% | Sep 2007 |
| Average | 44.57% |
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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NWK News
May 09, 10:19PM Seeking Alpha
May 09, 4:21PM Street Insider
May 09, 4:00PM Marketwire
May 08, 8:15AM Marketwire
May 04, 12:32PM Business Wire
Apr 18, 8:15AM Marketwire
about 56 days ago by trending123
Mar 30, 6:45AM Street Insider
Mar 26, 8:17AM Benzinga
Mar 26, 8:15AM Marketwire
Mar 05, 8:30AM Marketwire
Feb 27, 8:30AM Marketwire
Feb 27, 8:15AM Marketwire
about 107 days ago by igloo
Feb 10, 8:15AM Marketwire
Feb 01, 11:28PM Seeking Alpha
Feb 01, 4:33PM Marketwire
Jan 25, 8:00AM Business Wire
Jan 23, 8:20AM Marketwire
Jan 05, 6:05PM Street Insider
about 146 days ago by Street_Insider
Dec 20, 8:15AM Marketwire
about 168 days ago by Street_Insider
Dec 07, 8:36PM Marketwire
about 937 days ago by JustAGuess
about 943 days ago by Progadelic
about 1016 days ago by harryboxer
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NWK | 1.15 | -0.10 | -8.00% | 38.14M |
| NWE | 35.06 | -0.23 | -0.65% | 1.283B |
| NWBI | 11.55 | -0.23 | -1.95% | 1.149B |
| NVTL | 2.07 | -0.04 | -1.90% | 68.11M |
| MXT | 1.18 | +0.00 | +0.00% | 40.67M |
| MXL | 4.28 | +0.06 | +1.42% | 93.56M |
| 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 |