Bankrate (RATE)
Bankrate Tangible Common Equity Ratio: -97.76%
View RATE 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
RATE Tangible Common Equity Ratio Rankings
| Overall | 97th percentile | 100 of 4390 |
| Sector | 97th percentile | 21 of 815 in Technology |
| Industry | 95th percentile | 2 of 42 in Internet Information Providers |
RATE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -148.9% | Dec 2010 |
| Maximum | 95.25% | Sep 2007 |
| Average | 18.24% |
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 RATE related companies
RATE News
about 17 days ago by Bankrate
May 14, 5:00AM PR Newswire
about 29 days ago by PAAResearch
about 29 days ago by PAAResearch
about 30 days ago by TradeIdeasQuant
about 30 days ago by TradeIdeasQuant
about 30 days ago by Bankrate
about 30 days ago by TradeIdeasQuant
about 30 days ago by TradeIdeasQuant
about 31 days ago by Bankrate
about 48 days ago by PAAResearch
about 56 days ago by TradetheLeaders
about 57 days ago by TradetheLeaders
about 58 days ago by Centrifugal
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RATE | 17.37 | +0.07 | +0.40% | 1.730B |
| RAS | 4.06 | +0.00 | +0.00% | 202.51M |
| RAND | 3.02 | -0.07 | -2.27% | 21.07M |
| RALS | 35.93 | -0.01 | -0.03% | |
| RAIL | 19.83 | -0.77 | -3.74% | 246.17M |
| RAI | 41.84 | -0.09 | -0.21% | 23.98B |
| RAH | 63.59 | -1.28 | -1.97% | 3.581B |
| RADA | 1.44 | +0.00 | +0.00% | 12.84M |
| RAD | 1.29 | -0.02 | -1.53% | 1.177B |
| PXP | 35.75 | -0.45 | -1.24% | 4.641B |
