Old Dominion Freight Line (ODFL)

43.36 -1.31  -2.93%  May 30, 8:00PM Go Pro
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Old Dominion Freight Line Tangible Common Equity Ratio: 55.84%

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ODFL Tangible Common Equity Ratio Rankings

Overall 30th percentile 3040 of 4391
Sector 25th percentile 638 of 852 in Services
Industry 30th percentile 16 of 23 in Trucking

ODFL Tangible Common Equity Ratio Range, Past 5 Years

Minimum 46.12% Jun 2007
Maximum 56.04% Dec 2011
Average 50.79%

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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ODFL News

ATA trucking index declines 1.1% in April http://stks.co/3wrQ $JBHT $ODFL $ECHO $KNX $CNW $IYT
about 8 days ago by sld1986
Trucks shipping is last holdout starting to crack lower, $CNW $HTLD $JBHT $LSTR $KNX $ODFL
about 12 days ago by harmongreg
@TTGCapital Yes, I noticed Volvo reported a 4% decline in orders at 18,497 in April. Best plays here are $CMI $BWA and maybe $ODFL IMO
about 14 days ago by sld1986
$ODFL filed latest Quarterly Report http://stks.co/3ixg
about 23 days ago by MarketBrief
Pace of Freight Tonnage Slows Down in 2012
Apr 30, 8:20AM Marketwire
Watching $ODFL and $TEX into the close. Earnings for both companies do not justify the selloff in either stock
about 35 days ago by sld1986
Does $ODFL earnings which beat by penny and revenues were in-line justify a 10% selloff. I would guess not. Overreaction IMO
about 35 days ago by sld1986
stumbled across too - RT @geckojb Trucking hot a few weeks ago. Trend has changed, what's it mean 4 rest of Trans and economy? $LSTR $ODFL
about 35 days ago by sssc
$ODFL ouch
about 35 days ago by Klono
Listen to $ODFL Q1 2012 earnings call - live at 10:00 AM, ondemand after - http://stks.co/3WkB
about 35 days ago by earningscast
$ODFL is -5.0% down since open on unusual high volume and -8.2% down since close.
about 35 days ago by TradeBot
$ODFL interesting Bull Flag, at the top of the channel. http://stks.co/3W5c
about 35 days ago by TheSlayer
@TheSlayer look at that intraday reversal yesterday....wow that support is a stone wall on $ODFL
about 35 days ago by edo374
$ODFL looks poised to break out to new highs imo. earnings tomorrow, and $JBHT just beat handidly (look at that jump after earnings)
about 35 days ago by edo374
@TraceyRyniec any thoughts on $VOLVY and $ODFL. Thanks
about 37 days ago by sld1986
TR1 long ideas with the RS line in new highs before price. $EQIX $RAX $FL $AEO $NTES $HOG $ODFL
about 42 days ago by hertcapital
It Seems Too Simple: Two Trucking Stocks That Crush the Market http://stks.co/3O9U $JBHT $ODFL $UPS $FDX $CNW
about 43 days ago by ycharts
Seeing a lot of reversals into the close: $SXCI $GCO $MLNX $FIRE $RAX $ARG $HSTM $ODFL $FUL $VAL volume hasn't been confirming moves.
about 44 days ago by Global_Trader
6 TR1 long ideas. $GXG $ODFL $PAG $PETM $TTC $VNM
about 44 days ago by hertcapital
Old Dominion Freight Line - Momentum
Apr 10, 12:00AM Zacks
$CNW http://stks.co/3Fps Trucks look good, see also $LSTR, $JBHT (earnings Thurs) $ODFL, not $KNX
about 54 days ago by harmongreg
In case the market turns, these are the stocks that look the best IMO: $URI $LAD $GRA $SCSS $CKSW $ALXN $FOSL $VAL $GEOI $ODFL $V $VFC $WCG
about 56 days ago by Global_Trader
$ODFL http://stks.co/3DX0 riding the 20day, watching thru yday high
about 57 days ago by ZorTrades
$JBHT $ODFL http://stks.co/3CUI YOY load volume
about 58 days ago by Klono
$SPY $JBHT $LSTR oh i forgot to add $ODFL to the list, its very close and trying also to get back on the 52 high list. great action 2 see
about 58 days ago by ajb_2010
$ODFL Big dump in ODFL today
about 65 days ago by Klono
RT @Fibline $ODFL http://stks.co/2t8O Bullish here. Volume above average. Sector moving.
about 77 days ago by harmongreg

Recent Quotes

Symbol Price Chg Chg % Market Cap
ODFL 43.36 -1.31 -2.93% 2.566B
ODC 19.86 -0.46 -2.26% 104.04M
OCZ 4.58 -0.33 -6.72% 322.88M
OCR 31.99 -0.46 -1.42% 3.687B
OCN 16.06 -0.03 -0.19% 2.092B
OCLS 0.7309 -0.03 -3.83% 22.06M
OCLRD 2.51 -0.13 -4.92%
OCLR 2.51 -0.13 -4.92% 135.85M
OCFC 14.15 -0.28 -1.94% 267.97M
OCC 2.66 -0.20 -6.99% 17.90M
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