Sealed Air Corporation (SEE)
Sealed Air Corporation Tangible Common Equity Ratio: -67.43%
View SEE 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
SEE Tangible Common Equity Ratio Rankings
| Overall | 96th percentile | 154 of 4388 |
| Sector | 95th percentile | 17 of 379 in Consumer Goods |
| Industry | 94th percentile | 1 of 17 in Packaging & Containers |
SEE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -67.43% | Mar 2012 |
| Maximum | 17.02% | Jun 2011 |
| Average | -1.00% |
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 SEE related companies
SEE News
May 24, 10:16AM Thomson Reuters ONE
about 15 days ago by earningscast
about 24 days ago by Attitrade
about 25 days ago by MarketBrief
May 04, 9:52AM Business Wire
about 29 days ago by TradeBot
about 29 days ago by earningscast
about 29 days ago by TradeIdeasQuant
about 31 days ago by upsidetrader
about 35 days ago by RecogniaEvents
Apr 16, 1:14PM GlobeNewswire
Apr 12, 11:36AM Thomson Reuters ONE
about 51 days ago by MarketBrief
about 52 days ago by MarketBrief
about 53 days ago by MarketBrief
about 54 days ago by MarketBrief
about 56 days ago by MarketBrief
about 57 days ago by MarketBrief
about 58 days ago by vjtweet
about 58 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SEE | 15.28 | -0.38 | -2.40% | 3.005B |
| SED | 2.581 | -0.03 | -1.10% | 12.78M |
| SEB | 1940 | -46.07 | -2.32% | 2.403B |
| SEAC | 7.95 | -0.14 | -1.73% | 261.79M |
| SEA | 15.35 | -0.64 | -4.00% | |
| SE | 27.85 | -0.86 | -3.00% | 18.73B |
| SDY | 53.50 | -1.06 | -1.94% | |
| SDT | 26.56 | -0.59 | -2.17% | 570.15M |
| SDS | 17.99 | +0.89 | +5.20% | |
| SDRL | 32.19 | -1.25 | -3.74% | 15.69B |
