Silicon Graphics International (SGI)
Silicon Graphics International Tangible Common Equity Ratio: 23.41%
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SGI Tangible Common Equity Ratio Rankings
| Overall | 63rd percentile | 1611 of 4388 |
| Sector | 76th percentile | 195 of 815 in Technology |
| Industry | 40th percentile | 3 of 5 in Diversified Computer Systems |
SGI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 20.96% | Jun 2011 |
| Maximum | 86.47% | Mar 2009 |
| Average | 47.12% |
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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SGI News
about 2 hours ago by justfurkids
about 2 days ago by woowtrading
about 3 days ago by WorldJazz59
about 17 days ago by TradeIdeasQuant
about 17 days ago by RalfKaiser
May 14, 11:05AM Business Wire
about 22 days ago by WorldJazz59
May 10, 2:24PM Street Insider
May 10, 12:55PM The Wall Street Journal
about 22 days ago by TradeIdeasQuant
about 22 days ago by kunal00
about 22 days ago by EPS_MomentuM
about 22 days ago by TradeBot
about 22 days ago by TradeIdeasQuant
Apr 30, 5:00PM Business Wire
Apr 24, 4:15PM Business Wire
Mar 21, 9:17AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SGI | 5.55 | -0.34 | -5.77% | 186.36M |
| SGGG | 58.88 | -0.97 | -1.62% | |
| VE | 11.20 | -0.26 | -2.23% | 5.792B |
| VDSI | 6.85 | -0.14 | -2.00% | 267.37M |
| VDE | 90.26 | -2.27 | -2.45% | |
| VCO | 35.12 | -1.08 | -2.98% | 1.352B |
| VCLK | 16.80 | -0.74 | -4.22% | 1.409B |
| USTR | 25.02 | -0.23 | -0.91% | 1.069B |
| UST | 58.06 | +0.92 | +1.61% | |
| USPH | 23.95 | -0.35 | -1.44% | 285.77M |
