Research In Motion (RIMM)
Research In Motion Tangible Common Equity Ratio: 64.19%
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RIMM Tangible Common Equity Ratio Rankings
| Overall | 23rd percentile | 3357 of 4390 |
| Sector | 37th percentile | 508 of 815 in Technology |
| Industry | 21st percentile | 22 of 28 in Diversified Communication Services |
RIMM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 60.52% | Nov 2010 |
| Maximum | 100.0% | May 2008 |
| Average | 68.86% |
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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RIMM News
May 31, 4:13PM Wall St. Cheat Sheet
about 2 hours ago by TrendHunter
about 3 hours ago by rogermoore
about 4 hours ago by ycharts
about 4 hours ago by lamonicabuzz
about 6 hours ago by divtastic
about 6 hours ago by michaelbabad
May 31, 10:38AM Street Insider
May 31, 10:38AM Street Insider
about 7 hours ago by howardlindzon
about 7 hours ago by Stevez1
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about 8 hours ago by STNet
about 9 hours ago by SJosephBurns
about 10 hours ago by MercenaryJack
about 10 hours ago by predfan9898
about 14 hours ago by bradloncar
about 15 hours ago by RobertinGatos
May 30, 3:36PM Street Insider
May 30, 1:29PM Street Insider
May 30, 12:37PM Street Insider
May 30, 12:07PM Street Insider
May 30, 11:11AM Street Insider
May 30, 11:07AM Street Insider
May 30, 10:36AM Benzinga
May 30, 10:23AM Benzinga
May 30, 10:06AM Benzinga
May 30, 9:37AM Street Insider
May 30, 8:44AM Benzinga
May 30, 8:10AM Street Insider
May 30, 8:07AM Street Insider
May 30, 8:02AM Benzinga
May 30, 7:31AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RIMM | 10.28 | -0.07 | -0.69% | 5.426B |
| PTR | 125.99 | +0.34 | +0.27% | 229.94B |
| PTP | 36.30 | +0.51 | +1.42% | 1.265B |
| PTO | 10.77 | -0.02 | -0.18% | |
| PTNR | 4.64 | +0.20 | +4.50% | 691.09M |
| PSSI | 20.24 | +0.18 | +0.90% | 1.029B |
| PSS | 21.27 | -0.02 | -0.09% | 1.294B |
| PSP | 8.25 | -0.01 | -0.12% | |
| PSOF | 3.95 | -0.04 | -1.00% | 21.27M |
| PSO | 17.71 | -0.06 | -0.34% | 15.22B |