Rimage Corporation (RIMG)
Rimage Corporation Tangible Common Equity Ratio: 78.70%
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RIMG Tangible Common Equity Ratio Rankings
| Overall | 11th percentile | 3895 of 4390 |
| Sector | 19th percentile | 652 of 815 in Technology |
| Industry | 11th percentile | 16 of 18 in Data Storage Devices |
RIMG Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 78.18% | Dec 2011 |
| Maximum | 88.74% | Mar 2009 |
| Average | 85.50% |
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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RIMG News
Apr 26, 9:29AM Street Insider
Apr 17, 8:15AM Business Wire
Apr 16, 8:15AM Business Wire
Apr 16, 8:10AM Business Wire
Apr 16, 8:05AM Business Wire
Apr 13, 7:00AM Business Wire
about 49 days ago by MarketBrief
Feb 14, 6:30AM Business Wire
about 177 days ago by valuewalk
about 217 days ago by evcgroup
about 226 days ago by evcgroup
about 234 days ago by DynamicDividend
about 234 days ago by evcgroup
about 235 days ago by Benzinga
about 317 days ago by Street_Insider
about 546 days ago by traderclubtirol
about 675 days ago by iwintrader
about 752 days ago by PhilipHotchkiss
about 1154 days ago by MrKnoWhen
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RIMG | 7.68 | -0.06 | -0.78% | 78.95M |
| RIGL | 7.42 | -0.07 | -0.93% | 535.09M |
| RIG | 40.83 | -0.53 | -1.28% | 14.49B |
| RICK | 7.88 | -0.01 | -0.13% | 76.30M |
| RIC | 5.86 | -0.16 | -2.66% | 199.92M |
| RHT | 51.35 | -0.18 | -0.35% | 9.953B |
| RES | 10.39 | -0.25 | -2.35% | 2.335B |
| 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 |
