Rue21 (RUE)
Rue21 Tangible Common Equity Ratio: 83.68%
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RUE Tangible Common Equity Ratio Rankings
| Overall | 7th percentile | 4051 of 4390 |
| Sector | 3rd percentile | 826 of 855 in Services |
| Industry | 0th percentile | 43 of 43 in Apparel Stores |
RUE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 9.54% | Oct 2008 |
| Maximum | 83.68% | Apr 2012 |
| Average | 34.34% |
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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RUE News
May 25, 12:33PM Fox Business
about 7 days ago by EarningsJobber
May 25, 8:38AM Street Insider
about 7 days ago by TradeIdeasQuant
about 7 days ago by EarningsJobber
about 8 days ago by Benzinga
May 24, 4:02PM Street Insider
May 10, 7:30AM GlobeNewswire
about 24 days ago by TALENTEDBLONDE
Apr 19, 9:48AM Street Insider
about 78 days ago by TradeIdeasQuant
Mar 15, 9:22AM Street Insider
Mar 15, 7:38AM Street Insider
about 78 days ago by TradeBot
about 78 days ago by LukeKramer
about 79 days ago by Benzinga
about 79 days ago by blambert
Feb 29, 7:30AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RUE | 26.48 | -0.76 | -2.79% | 666.84M |
| RTR | 29.89 | +0.08 | +0.27% | |
| RTLX | 20.38 | -0.01 | -0.05% | 499.35M |
| RTL | 32.20 | +0.15 | +0.48% | |
| RTK | 1.88 | +0.05 | +2.73% | 418.00M |
| RTIX | 3.59 | +0.02 | +0.56% | 198.49M |
| RTI | 20.99 | -0.81 | -3.72% | 658.36M |
| RTEC | 8.62 | -0.08 | -0.92% | 277.62M |
| RT | 7.18 | +0.01 | +0.14% | 457.30M |
| RSYS | 5.84 | -0.05 | -0.85% | 165.21M |