Corporate Office Properties Trust (OFC)
Corporate Office Properties Trust Tangible Common Equity Ratio: 30.07%
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OFC Tangible Common Equity Ratio Rankings
| Overall | 56th percentile | 1901 of 4391 |
| Sector | 28th percentile | 620 of 870 in Financial |
| Industry | 78th percentile | 4 of 19 in REIT - Office |
OFC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 24.36% | Jun 2008 |
| Maximum | 34.17% | Jun 2009 |
| Average | 29.70% |
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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OFC News
about 23 days ago by TheEquitiesRoom
Apr 26, 6:01PM Seeking Alpha
about 34 days ago by earningscast
Apr 26, 7:00AM Street Insider
about 62 days ago by MarketBrief
Mar 23, 4:05PM Business Wire
about 83 days ago by Benzinga
about 111 days ago by earningscast
about 139 days ago by DynamicDividend
about 139 days ago by earningscast
about 244 days ago by DynamicDividend
about 273 days ago by DynamicDividend
about 300 days ago by Xiphos_Trading
about 302 days ago by Xiphos_Trading
about 321 days ago by TER_Intraday
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OFC | 21.93 | -0.75 | -3.31% | 1.633B |
| OESX | 2.14 | +0.07 | +3.38% | 47.63M |
| NXZ | 15.19 | -0.04 | -0.26% | |
| NXY | 15.75 | -0.59 | -3.61% | 8.634B |
| NXTM | 15.29 | -0.17 | -1.10% | 861.74M |
| NXST | 6.78 | -0.05 | -0.73% | 196.70M |
| NXQ | 14.04 | +0.15 | +1.08% | |
| NXPI | 21.54 | -0.71 | -3.19% | 5.601B |
| NXP | 15.24 | +0.08 | +0.53% | |
| NXN | 14.49 | +0.01 | +0.07% |
