Pizza Inn (PZZI)
Pizza Inn Tangible Common Equity Ratio: 52.81%
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PZZI Tangible Common Equity Ratio Rankings
| Overall | 33rd percentile | 2919 of 4390 |
| Sector | 28th percentile | 608 of 855 in Services |
| Industry | 31st percentile | 32 of 47 in Restaurants |
PZZI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 40.40% | Dec 2008 |
| Maximum | 55.56% | Sep 2011 |
| Average | 48.91% |
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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PZZI News
May 30, 2:39PM GlobeNewswire
about 8 days ago by STNet
about 8 days ago by harmongreg
May 09, 5:00PM GlobeNewswire
about 32 days ago by harmongreg
about 34 days ago by jbfdonn99
about 34 days ago by jbfdonn99
about 45 days ago by jbfdonn99
about 51 days ago by RecogniaEvents
Apr 03, 9:15AM GlobeNewswire
about 77 days ago by RecogniaEvents
about 78 days ago by jbfdonn99
about 80 days ago by activetrading
about 92 days ago by jbfdonn99
about 107 days ago by activetrading
about 107 days ago by abubnic
about 107 days ago by abubnic
about 111 days ago by FinanceTrends
about 111 days ago by FinanceTrends
about 112 days ago by MovingRanger
about 113 days ago by ignaciomas
Feb 08, 4:30PM GlobeNewswire
Jan 30, 2:46PM GlobeNewswire
Jan 04, 5:24PM Street Insider
Nov 09, 5:07PM GlobeNewswire
Oct 31, 5:06PM Benzinga
Oct 31, 5:05PM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PZZI | 2.35 | -0.09 | -3.69% | 19.57M |
| PZZA | 46.72 | +0.16 | +0.34% | 1.129B |
| PZT | 24.54 | +0.05 | +0.20% | |
| PZN | 4.22 | +0.17 | +4.20% | 262.44M |
| PZG | 2.135 | -0.07 | -2.95% | 301.16M |
| PZA | 25.38 | +0.03 | +0.12% | |
| PYH | 20.58 | -0.18 | -0.87% | |
| PXSV | 14.99 | -0.17 | -1.14% | |
| PXR | 36.88 | -0.37 | -0.99% | |
| PRO | 14.74 | -0.06 | -0.41% | 401.23M |