Power - One (PWER)
Power - One Tangible Common Equity Ratio: 56.64%
View PWER Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
PWER Tangible Common Equity Ratio Rankings
| Overall | 30th percentile | 3071 of 4390 |
| Sector | 46th percentile | 439 of 815 in Technology |
| Industry | 65th percentile | 16 of 47 in Diversified Electronics |
PWER Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 27.83% | Jun 2010 |
| Maximum | 56.64% | Mar 2012 |
| Average | 36.15% |
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.
Learn More
You may also be interested in these PWER related companies
PWER News
about a day ago by MarketBrief
May 18, 11:01AM Street Insider
May 18, 7:37AM Street Insider
about 14 days ago by mck1112
about 18 days ago by earningscast
about 28 days ago by TradeBot
May 04, 9:02AM Street Insider
about 28 days ago by earningscast
about 30 days ago by newchemist
Apr 18, 8:20AM Marketwire
about 45 days ago by RecogniaEvents
Mar 22, 8:20AM Marketwire
Mar 21, 8:20AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PWER | 4.155 | +0.24 | +6.27% | 476.79M |
| PWE | 13.30 | +0.15 | +1.14% | 6.219B |
| PWC | 43.28 | -0.56 | -1.28% | |
| PWB | 17.62 | -0.10 | -0.56% | |
| PWAVD | 0.8992 | -0.05 | -5.43% | |
| PWAV | 0.90 | +0.00 | +0.09% | 28.54M |
| PW | 8.86 | +0.16 | +1.84% | 14.09M |
| PTGI | 15.83 | +0.56 | +3.67% | 211.03M |
| PTF | 24.97 | -0.11 | -0.44% | |
| PTEN | 15.13 | -0.35 | -2.26% | 2.412B |
