Red Lion Hotels Corporation (RLH)
Red Lion Hotels Corporation Tangible Common Equity Ratio: 50.67%
View RLH 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
RLH Tangible Common Equity Ratio Rankings
| Overall | 35th percentile | 2815 of 4390 |
| Sector | 31st percentile | 583 of 855 in Services |
| Industry | 26th percentile | 11 of 15 in Lodging |
RLH Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -4.09% | Dec 2010 |
| Maximum | 51.96% | Dec 2011 |
| Average | 43.32% |
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 RLH related companies
RLH News
May 08, 9:00AM PR Newswire
about 29 days ago by earningscast
about 63 days ago by bradloncar
Mar 28, 4:22PM Street Insider
Mar 28, 4:05PM Benzinga
Mar 20, 3:00PM PR Newswire
about 93 days ago by earningscast
about 114 days ago by 1nvestor
Feb 07, 9:00AM PR Newswire
about 117 days ago by 1nvestor
Jan 23, 9:00AM PR Newswire
Nov 24, 11:00AM PR Newswire
Nov 17, 9:00AM PR Newswire
about 863 days ago by patricksmayer
about 931 days ago by JohnConstitine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RLH | 8.47 | +0.14 | +1.68% | 160.44M |
| RL | 148.75 | +0.06 | +0.04% | 13.73B |
| PTNR | 4.64 | +0.20 | +4.50% | 691.09M |
| PTN | 0.5999 | -0.01 | -1.64% | 21.29M |
| PTIX | 2.02 | +0.15 | +8.02% | 22.46M |
| PTI | 18.10 | +0.48 | +2.72% | 1.307B |
| PTH | 30.67 | -0.15 | -0.48% | |
| PTGI | 15.83 | +0.56 | +3.67% | 211.03M |
| PRGN | 0.5925 | +0.01 | +2.16% | 34.72M |
| PRFZ | 61.61 | -0.43 | -0.69% |
