OPNET Technologies (OPNT)
OPNET Technologies Tangible Common Equity Ratio: 65.82%
View OPNT 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
OPNT Tangible Common Equity Ratio Rankings
| Overall | 21st percentile | 3426 of 4390 |
| Sector | 35th percentile | 522 of 815 in Technology |
| Industry | 14th percentile | 71 of 83 in Application Software |
OPNT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 58.45% | Dec 2011 |
| Maximum | 74.38% | Sep 2007 |
| Average | 65.67% |
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 OPNT related companies
OPNT News
May 30, 4:05PM GlobeNewswire
about 8 days ago by kunal00
about 16 days ago by RecogniaEvents
about 16 days ago by kunal00
about 16 days ago by itz_stock_chartz
May 14, 4:20PM Street Insider
about 49 days ago by TradeIdeasQuant
Apr 11, 4:54PM The Wall Street Journal
about 50 days ago by TradeBot
Apr 11, 1:08PM The Wall Street Journal
about 50 days ago by kamwjm
Mar 30, 10:15PM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OPNT | 24.96 | -0.68 | -2.65% | 578.44M |
| OPLK | 12.81 | +0.14 | +1.10% | 243.52M |
| OPHC | 0.6402 | -0.02 | -3.29% | 14.65M |
| OPEN | 39.64 | +0.00 | +0.00% | 893.88M |
