Rogers Corporation (ROG)
Rogers Corporation Tangible Common Equity Ratio: 35.98%
View ROG 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
ROG Tangible Common Equity Ratio Rankings
| Overall | 50th percentile | 2183 of 4390 |
| Sector | 52nd percentile | 180 of 380 in Consumer Goods |
| Industry | 50th percentile | 7 of 14 in Rubber & Plastics |
ROG Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 34.61% | Dec 2011 |
| Maximum | 78.56% | Sep 2008 |
| Average | 63.41% |
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 ROG related companies
ROG News
May 23, 2:00PM Business Wire
about 16 days ago by leahcim474
about 30 days ago by earningscast
May 01, 10:50AM Marketwire
Apr 24, 9:30AM Business Wire
Apr 02, 7:37AM Street Insider
about 73 days ago by MarketBrief
Feb 17, 2:21PM Street Insider
about 105 days ago by earningscast
about 105 days ago by Benzinga
Feb 09, 10:00AM Business Wire
Feb 03, 4:25AM Benzinga
about 148 days ago by Street_Insider
about 303 days ago by inthemoneystock
about 346 days ago by Trade4Me
about 346 days ago by Trade4Me
about 598 days ago by RANsquawk
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ROG | 40.31 | +0.31 | +0.78% | 650.80M |
| RHT | 51.38 | -0.15 | -0.29% | 9.953B |
| RHS | 65.58 | -0.11 | -0.17% | |
| RGR | 38.97 | -0.76 | -1.91% | 760.83M |
| RGP | 21.52 | -0.51 | -2.31% | 3.468B |
| RGLD | 67.64 | -1.06 | -1.54% | 4.040B |
| RGI | 53.10 | -0.28 | -0.52% | |
| RGEN | 4.09 | -0.18 | -4.22% | 131.22M |
| RGCO | 17.41 | -0.04 | -0.23% | 80.79M |
| RGC | 13.75 | -0.08 | -0.58% | 2.141B |
