Oracle Corporation (ORCL)
Oracle Corporation Tangible Common Equity Ratio: 27.83%
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ORCL Tangible Common Equity Ratio Rankings
| Overall | 59th percentile | 1780 of 4391 |
| Sector | 72nd percentile | 226 of 813 in Technology |
| Industry | 61st percentile | 32 of 83 in Application Software |
ORCL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -21.35% | Nov 2008 |
| Maximum | 29.98% | Nov 2011 |
| Average | 3.51% |
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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ORCL News
about 8 hours ago by ycharts
May 30, 6:31AM theflyonthewall.com
May 29, 6:12PM AllThingsD
about a day ago by ScottAdams_Edit
May 29, 9:01AM Street Insider
about 2 days ago by eyeonequities
about 3 days ago by avickrey
about 6 days ago by DrTradeBlonde
about 7 days ago by thetradedotcom
about 7 days ago by StockDaytrader
about 7 days ago by epime7heus
about 7 days ago by Street_Insider
about 7 days ago by ycharts
about 7 days ago by bpeck
about 7 days ago by ShivMehta
May 23, 10:25AM Street Insider
about 7 days ago by neilesteinberg
about 7 days ago by neilesteinberg
May 20, 1:34AM Seeking Alpha
May 18, 1:44PM Street Insider
May 17, 8:00AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ORCL | 26.13 | -0.33 | -1.25% | 132.98B |
| ORCC | 2.27 | -0.03 | -1.30% | 74.34M |
| ORBT | 3.55 | -0.08 | -2.20% | 17.17M |
| ORBK | 10.02 | -0.18 | -1.76% | 441.97M |
| ORBC | 3.23 | -0.04 | -1.22% | 151.89M |
| OMCL | 13.30 | -0.26 | -1.92% | 454.12M |
| 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 |
