Omnicell (OMCL)
Omnicell Tangible Common Equity Ratio: 75.66%
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OMCL Tangible Common Equity Ratio Rankings
| Overall | 13th percentile | 3791 of 4391 |
| Sector | 24th percentile | 617 of 813 in Technology |
| Industry | 33rd percentile | 4 of 6 in Computer Based Systems |
OMCL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 69.78% | Jun 2008 |
| Maximum | 78.09% | Sep 2007 |
| Average | 74.13% |
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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OMCL News
May 23, 8:56AM Street Insider
May 03, 2:12PM Street Insider
about 28 days ago by earningscast
Apr 25, 8:00AM PR Newswire
Mar 10, 11:00PM PR Newswire
Feb 28, 4:30PM PR Newswire
Feb 16, 8:00AM PR Newswire
Jan 27, 1:39PM Street Insider
about 171 days ago by MichaelKudrna
about 216 days ago by Benzinga
about 307 days ago by Benzinga
about 308 days ago by ralexco
about 314 days ago by hertcapital
about 591 days ago by 1nvestor
about 594 days ago by optionsfanatic
about 594 days ago by optionsfanatic
about 595 days ago by OptionRadar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OMCL | 13.28 | -0.28 | -2.06% | 454.12M |
| NWY | 3.53 | -0.01 | -0.28% | 219.23M |
| NWSA | 19.40 | -0.29 | -1.47% | 32.99B |
| NWS | 19.59 | -0.31 | -1.56% | 50.16B |
| NWPX | 21.01 | -0.89 | -4.06% | 204.76M |
| NWN | 45.93 | -0.45 | -0.97% | 1.243B |
| NWLI | 126.82 | -2.23 | -1.73% | 468.45M |
| NWL | 18.49 | -0.54 | -2.84% | 5.488B |
| NWK | 1.10 | -0.15 | -12.00% | 38.14M |
| NWE | 35.05 | -0.24 | -0.68% | 1.283B |