Grupo Aeroportuario del Pacifico (PAC)
Grupo Aeroportuario del Pacifico Tangible Common Equity Ratio: 77.07%
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PAC Tangible Common Equity Ratio Rankings
| Overall | 12th percentile | 3833 of 4390 |
| Sector | 6th percentile | 802 of 855 in Services |
| Industry | 12th percentile | 7 of 8 in Air Services, Other |
PAC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 46.86% | Sep 2011 |
| Maximum | 96.92% | Jun 2007 |
| Average | 80.37% |
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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PAC News
May 22, 6:36PM Business Wire
about 15 days ago by TradeBot
May 07, 4:19PM Benzinga
Apr 23, 4:38PM Business Wire
Apr 09, 4:36PM Business Wire
Mar 30, 4:53PM Business Wire
Mar 13, 5:22PM Street Insider
Mar 07, 8:58AM Benzinga
Mar 07, 8:58AM Business Wire
Mar 02, 1:57PM Street Insider
Feb 27, 4:13PM Business Wire
Feb 08, 5:16PM Business Wire
Jan 10, 10:06AM Benzinga
Jan 10, 10:03AM Business Wire
Jan 09, 7:02PM Business Wire
Dec 05, 4:34PM Business Wire
Nov 18, 4:59PM Business Wire
Nov 07, 10:42PM Business Wire
about 400 days ago by adorbecker
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about 935 days ago by clubfloozy
about 1007 days ago by stockerblog
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PAC | 35.50 | -0.23 | -0.64% | 1.704B |
| PAA | 78.47 | -1.73 | -2.16% | 12.48B |
| P | 10.98 | +0.41 | +3.88% | 1.744B |
| OZRK | 29.05 | +0.52 | +1.82% | 986.00M |
| OZM | 7.27 | +0.06 | +0.83% | 1.005B |
| OYOG | 92.92 | -2.03 | -2.14% | 604.83M |
| OXY | 79.26 | -1.03 | -1.28% | 65.11B |
| OXM | 46.02 | +1.33 | +2.98% | 737.38M |
| OXGN | 0.8601 | -0.04 | -4.43% | 13.66M |
| OXF | 7.68 | -0.01 | -0.13% | 80.05M |