Optimer Pharmaceuticals (OPTR)
Optimer Pharmaceuticals Tangible Common Equity Ratio: 79.26%
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OPTR Tangible Common Equity Ratio Rankings
| Overall | 10th percentile | 3916 of 4390 |
| Sector | 19th percentile | 405 of 506 in Healthcare |
| Industry | 22nd percentile | 124 of 160 in Biotechnology |
OPTR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 76.21% | Sep 2007 |
| Maximum | 95.45% | Mar 2011 |
| Average | 85.46% |
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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OPTR News
about 9 days ago by StockTiger
about 10 days ago by StockTiger
about 11 days ago by 1nvestor
May 17, 6:57AM Benzinga
about 16 days ago by TheEquitiesRoom
May 14, 11:04AM Street Insider
May 11, 6:06PM Benzinga
about 21 days ago by earningscast
May 03, 8:00AM PR Newswire
May 01, 4:00PM PR Newswire
about 36 days ago by zerosum24
about 36 days ago by TradeIdeasQuant
Apr 25, 8:00AM PR Newswire
Apr 11, 12:07PM PR Newswire
Apr 11, 8:30AM PR Newswire
about 51 days ago by TradeIdeasQuant
about 51 days ago by TradeBot
Apr 09, 3:00PM Street Insider
Apr 09, 12:58PM Street Insider
about 52 days ago by imhobutdydd
about 52 days ago by Street_Insider
Apr 09, 7:08AM Street Insider
Apr 09, 7:03AM Benzinga
about 63 days ago by amitp_gupta
about 84 days ago by TradeIdeasQuant
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OPTR | 14.95 | -0.18 | -1.19% | 707.33M |
| 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 |