Rentrak Corporation (RENT)
Rentrak Corporation Tangible Common Equity Ratio: 69.86%
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RENT Tangible Common Equity Ratio Rankings
| Overall | 18th percentile | 3585 of 4390 |
| Sector | 12th percentile | 749 of 855 in Services |
| Industry | 18th percentile | 9 of 11 in Movie Production, Theaters |
RENT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 65.16% | Mar 2011 |
| Maximum | 82.21% | Sep 2009 |
| Average | 73.30% |
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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RENT News
May 31, 1:00PM PR Newswire
May 27, 5:41PM PR Newswire
May 24, 3:48PM PR Newswire
May 24, 1:20PM PR Newswire
May 23, 7:02AM Street Insider
May 23, 7:00AM PR Newswire
May 21, 7:00AM PR Newswire
May 18, 3:24PM PR Newswire
May 17, 1:30PM PR Newswire
May 14, 4:54PM PR Newswire
May 13, 12:11PM PR Newswire
May 10, 1:03PM PR Newswire
May 07, 2:14PM PR Newswire
May 06, 12:00PM PR Newswire
May 03, 12:48PM PR Newswire
Apr 29, 11:56AM PR Newswire
Apr 27, 4:00PM PR Newswire
Apr 26, 10:00AM PR Newswire
Apr 24, 7:00AM PR Newswire
Apr 23, 7:05AM Street Insider
Apr 23, 7:00AM PR Newswire
Apr 22, 11:50AM PR Newswire
Apr 20, 6:04PM PR Newswire
Apr 19, 10:00AM PR Newswire
Apr 15, 2:28PM PR Newswire
Apr 13, 5:41PM PR Newswire
Apr 12, 1:01PM PR Newswire
about 114 days ago by earningscast
about 175 days ago by Lance0333
about 177 days ago by Lance0333
about 252 days ago by Street_Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RENT | 16.28 | +0.07 | +0.43% | 178.31M |
| RENN | 4.74 | +0.19 | +4.18% | 1.168B |
| REN | 8.75 | +0.11 | +1.27% | 526.52M |
| REMX | 13.49 | -0.06 | -0.47% | |
| REM | 14.02 | +0.01 | +0.07% | |
| RELV | 1.39 | +0.06 | +4.50% | 16.65M |
| RELL | 11.65 | -0.07 | -0.60% | 198.65M |
| REIS | 8.60 | +0.00 | +0.00% | 91.85M |
| REGN | 135.89 | +0.14 | +0.10% | 12.75B |
| REG | 43.82 | +0.48 | +1.11% | 3.897B |