Rambus (RMBS)
Rambus Tangible Common Equity Ratio: 22.01%
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RMBS Tangible Common Equity Ratio Rankings
| Overall | 64th percentile | 1568 of 4390 |
| Sector | 76th percentile | 190 of 815 in Technology |
| Industry | 75th percentile | 2 of 8 in Semiconductor - Memory Chips |
RMBS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 22.01% | Mar 2012 |
| Maximum | 63.86% | Dec 2007 |
| Average | 49.03% |
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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RMBS News
about 6 days ago by mondays
May 23, 4:10PM Business Wire
May 23, 1:37PM Seeking Alpha
May 18, 4:10PM Business Wire
about 14 days ago by RecogniaEvents
May 10, 5:53PM Business Wire
about 28 days ago by RecogniaEvents
about 31 days ago by stckrckr
about 31 days ago by Stevez1
about 31 days ago by MicroInsider
about 37 days ago by TradeBot
Apr 23, 9:09AM Street Insider
about 41 days ago by TradeIdeasQuant
about 42 days ago by earningscast
about 48 days ago by PTSD_Trader
about 56 days ago by exkapie
about 58 days ago by stckrckr
about 58 days ago by Layney
about 77 days ago by MarketBrief
about 80 days ago by lamonicabuzz
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RMBS | 4.62 | -0.08 | -1.70% | 518.88M |
| PLCM | 11.30 | -0.28 | -2.42% | 2.055B |
| PLCE | 46.30 | -0.11 | -0.24% | 1.137B |
| PLCC | 1.05 | -0.05 | -4.55% | 6.058M |
| PLBC | 3.949 | +0.45 | +12.83% | 18.88M |
| PLAB | 6.03 | -0.08 | -1.31% | 368.92M |
| PL | 25.78 | +0.03 | +0.12% | 2.103B |
| PKY | 10.22 | -0.06 | -0.58% | 226.06M |
| PKX | 75.58 | -0.06 | -0.08% | 26.38B |
| PKW | 27.76 | -0.06 | -0.22% |