Pepco (POM)
Pepco Tangible Common Equity Ratio: 21.47%
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POM Tangible Common Equity Ratio Rankings
| Overall | 64th percentile | 1557 of 4390 |
| Sector | 74th percentile | 30 of 117 in Utilities |
| Industry | 66th percentile | 18 of 53 in Electric Utilities |
POM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 17.30% | Jun 2007 |
| Maximum | 22.67% | Jun 2011 |
| Average | 19.96% |
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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POM News
about 14 days ago by earningscast
about 17 days ago by earningscast
May 14, 9:00AM Business Wire
May 09, 2:49PM Business Wire
about 27 days ago by TradeBot
May 04, 2:10PM Seeking Alpha
about 28 days ago by earningscast
May 03, 12:37PM Business Wire
May 01, 2:32PM Business Wire
Apr 26, 3:35PM Street Insider
Apr 19, 5:50PM Business Wire
about 64 days ago by MarketBrief
about 66 days ago by earningscast
about 92 days ago by ScholzCapital
about 92 days ago by ScholzCapital
about 98 days ago by earningscast
about 152 days ago by Fibline
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| POM | 19.07 | +0.10 | +0.53% | 4.322B |
| POL | 13.23 | +0.23 | +1.77% | 1.158B |
| PODD | 18.43 | -0.08 | -0.43% | 880.71M |
| PNY | 30.30 | +0.63 | +2.12% | 2.146B |
| PNX | 1.61 | -0.02 | -1.23% | 189.59M |
| PNW | 49.35 | +0.50 | +1.02% | 5.337B |
| PLX | 6.42 | +0.07 | +1.10% | 576.71M |
| PLUS | 31.43 | -0.27 | -0.85% | 255.50M |
| PLUG | 1.17 | +0.02 | +1.62% | 43.49M |
| PLT | 30.08 | -0.46 | -1.51% | 1.313B |