Perceptron (PRCP)
Perceptron Tangible Common Equity Ratio: 80.17%
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PRCP Tangible Common Equity Ratio Rankings
| Overall | 10th percentile | 3936 of 4390 |
| Sector | 17th percentile | 669 of 815 in Technology |
| Industry | 20th percentile | 42 of 53 in Scientific & Technical Instruments |
PRCP Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 77.64% | Sep 2011 |
| Maximum | 87.57% | Sep 2009 |
| Average | 82.46% |
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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PRCP News
about 22 days ago by Perceptron
about 28 days ago by Perceptron
May 03, 1:46PM Marketwire
about 87 days ago by Perceptron
Mar 02, 1:33PM Marketwire
about 112 days ago by Perceptron
Feb 09, 7:00AM Marketwire
about 119 days ago by Perceptron
Feb 01, 1:50PM Marketwire
about 142 days ago by Perceptron
Jan 09, 4:12PM Marketwire
about 147 days ago by Perceptron
Jan 04, 4:45PM Marketwire
about 183 days ago by Perceptron
Nov 28, 3:26PM Marketwire
Nov 10, 9:47AM Street Insider
Nov 10, 7:00AM Marketwire
about 206 days ago by Perceptron
Nov 07, 1:11PM Marketwire
about 217 days ago by Perceptron
about 238 days ago by MarketBrief
Sep 15, 9:20AM Marketwire
about 291 days ago by 1nvestor
about 477 days ago by tickertutor
about 477 days ago by tickertutor
about 478 days ago by Street_Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PRCP | 5.14 | -0.10 | -1.91% | 43.18M |
| PRAN | 1.60 | +0.00 | +0.00% | 44.05M |
| PRAA | 68.30 | -0.69 | -1.00% | 1.183B |
| PRA | 87.98 | -0.25 | -0.28% | 2.695B |
| PQ | 4.80 | -0.17 | -3.42% | 318.58M |
| PPT | 5.435 | -0.01 | -0.28% | |
| PPR | 5.54 | +0.00 | +0.00% | |
| PPO | 37.25 | -0.75 | -1.97% | 1.767B |
| PNBC | 0.7131 | -0.09 | -10.86% | 2.375M |
| PMTC | 19.95 | -0.52 | -2.54% | 2.438B |