Rubicon Technology (RBCN)
Rubicon Technology Tangible Common Equity Ratio: 91.43%
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RBCN Tangible Common Equity Ratio Rankings
| Overall | 2nd percentile | 4281 of 4390 |
| Sector | 1st percentile | 800 of 815 in Technology |
| Industry | 3rd percentile | 30 of 31 in Semiconductor - Specialized |
RBCN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 87.80% | Dec 2011 |
| Maximum | 98.12% | Sep 2009 |
| Average | 94.63% |
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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RBCN News
about 21 days ago by RecogniaEvents
about 23 days ago by earningscast
May 08, 4:02PM Business Wire
about 28 days ago by RecogniaEvents
about 28 days ago by RecogniaEvents
May 02, 1:39PM Street Insider
about 29 days ago by TradeIdeasQuant
about 30 days ago by TradeBot
about 35 days ago by RecogniaEvents
about 35 days ago by RecogniaEvents
Apr 23, 8:32AM Business Wire
about 50 days ago by SurrealCivic
about 50 days ago by michaelgmoore
about 51 days ago by michaelgmoore
about 77 days ago by mck1112
about 77 days ago by TradeBot
about 78 days ago by TradeBot
Feb 24, 10:38AM Street Insider
Feb 23, 4:01PM Business Wire
Feb 10, 1:11PM Street Insider
Feb 10, 10:28AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RBCN | 8.75 | -0.07 | -0.79% | 198.71M |
| QAI | 27.24 | +0.01 | +0.04% | |
| QADB | 12.07 | +0.06 | +0.50% | 38.62M |
| QADA | 12.20 | +0.38 | +3.21% | 150.00M |
| 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% |
