Omnicom Group (OMC)
Omnicom Group Tangible Common Equity Ratio: -46.21%
View OMC Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
OMC Tangible Common Equity Ratio Rankings
| Overall | 94th percentile | 225 of 4391 |
| Sector | 89th percentile | 88 of 852 in Services |
| Industry | 83rd percentile | 2 of 12 in Advertising Agencies |
OMC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -48.71% | Sep 2011 |
| Maximum | -29.11% | Dec 2007 |
| Average | -39.73% |
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.
Learn More
You may also be interested in these OMC related companies
OMC News
May 22, 5:33PM Street Insider
about 10 days ago by laughing_stock
May 17, 3:59PM Street Insider
May 15, 9:24AM PR Newswire
about 17 days ago by 1nvestor
May 11, 8:20AM Marketwire
about 27 days ago by MarketBrief
May 03, 7:00AM PR Newswire
about 29 days ago by TraderFoxxx
about 33 days ago by TraderFoxxx
Apr 27, 9:30AM PR Newswire
Apr 23, 1:00PM PR Newswire
about 40 days ago by RecogniaEvents
about 43 days ago by earningscast
about 57 days ago by kiwitrader24
about 73 days ago by TraderFoxxx
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OMC | 48.52 | -1.24 | -2.49% | 13.57B |
| OMAB | 15.39 | +0.64 | +4.34% | 654.38M |
| OLP | 18.05 | -0.45 | -2.43% | 272.50M |
| OLN | 19.11 | -0.49 | -2.50% | 1.571B |
| OLCB | 1.010 | -0.09 | -8.23% | 19.91M |
| OIH | 35.97 | -1.59 | -4.23% | |
| OIC | 8.43 | +0.03 | +0.36% | |
| OIB | 7.76 | -0.05 | -0.64% | |
| OIA | 7.09 | +0.00 | +0.00% | |
| OI | 19.48 | -0.74 | -3.68% | 3.324B |
