Park Electrochemical Corporation (PKE)
Park Electrochemical Corporation Tangible Common Equity Ratio: 93.64%
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PKE Tangible Common Equity Ratio Rankings
| Overall | 1st percentile | 4322 of 4390 |
| Sector | 0th percentile | 807 of 815 in Technology |
| Industry | 0th percentile | 17 of 17 in Printed Circuit Boards |
PKE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 80.96% | Aug 2007 |
| Maximum | 93.64% | Feb 2012 |
| Average | 88.51% |
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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PKE News
about 30 days ago by earningscast
May 01, 6:30AM Business Wire
Apr 26, 11:59AM Business Wire
Apr 17, 6:50AM Benzinga
Apr 09, 10:25AM Business Wire
Mar 15, 9:12AM Street Insider
Mar 08, 1:10PM Business Wire
Jan 26, 4:16PM Street Insider
Jan 11, 12:05PM Business Wire
Jan 09, 9:43AM Business Wire
about 162 days ago by earningscast
Dec 19, 12:28PM Business Wire
Dec 15, 12:17PM Street Insider
Nov 01, 11:50AM Business Wire
Oct 10, 10:24AM Benzinga
about 338 days ago by DynamicDividend
about 429 days ago by DynamicDividend
about 486 days ago by gwohrle
about 975 days ago by DowCrashes
about 979 days ago by MrRoundel
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PKE | 23.35 | -0.85 | -3.51% | 484.51M |
| PKBK | 5.38 | -0.02 | -0.37% | 28.89M |
| PKB | 12.86 | -0.35 | -2.67% | |
| PJM | 22.61 | -0.11 | -0.48% | |
| PJG | 24.59 | -0.47 | -1.88% | |
| OKE | 83.21 | -1.48 | -1.75% | 8.647B |
| OIS | 67.69 | -2.87 | -4.07% | 3.475B |
| OINK | 1.450 | -0.05 | -3.33% | 14.70M |
| OILT | 29.77 | -0.02 | -0.07% | 579.03M |
| OIIM | 4.41 | -0.08 | -1.78% | 141.61M |
