Paulson Capital (PLCC)
Paulson Capital Tangible Common Equity Ratio: 89.20%
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PLCC Tangible Common Equity Ratio Rankings
| Overall | 3rd percentile | 4230 of 4390 |
| Sector | 2nd percentile | 851 of 871 in Financial |
| Industry | 16th percentile | 10 of 12 in Investment Brokerage - Regional |
PLCC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 57.92% | Sep 2007 |
| Maximum | 91.32% | Sep 2011 |
| Average | 82.41% |
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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PLCC News
Mar 29, 11:36AM Street Insider
Mar 21, 4:06PM Benzinga
Feb 29, 7:00AM Business Wire
Dec 02, 12:45PM GlobeNewswire
about 850 days ago by Urbane_Gorilla
about 1023 days ago by QualityStocks
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PLCC | 1.05 | -0.05 | -4.55% | 6.058M |
| PLBC | 3.949 | +0.45 | +12.83% | 18.88M |
| PLAB | 6.04 | -0.07 | -1.15% | 368.92M |
| PL | 25.87 | +0.12 | +0.47% | 2.103B |
| PKY | 10.22 | -0.06 | -0.58% | 226.06M |
| PKX | 75.58 | -0.06 | -0.08% | 26.38B |
| PKW | 27.76 | -0.06 | -0.22% | |
| PKT | 19.76 | -0.02 | -0.10% | 291.36M |
| PKOL | 19.56 | -0.62 | -3.07% | |
| PKOH | 18.56 | -0.09 | -0.48% | 226.41M |
