Silicom (SILC)
Silicom Tangible Common Equity Ratio: 91.35%
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SILC Tangible Common Equity Ratio Rankings
| Overall | 2nd percentile | 4276 of 4388 |
| Sector | 2nd percentile | 798 of 815 in Technology |
| Industry | 5th percentile | 16 of 17 in Networking & Communication Devices |
SILC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 84.04% | Jun 2007 |
| Maximum | 91.35% | Mar 2012 |
| Average | 87.51% |
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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SILC News
about 16 days ago by porsche17000
May 17, 10:59AM Business Wire
about 18 days ago by porsche17000
about 32 days ago by porsche17000
about 44 days ago by porsche17000
about 45 days ago by porsche17000
Apr 02, 6:15AM Business Wire
Mar 20, 7:34AM Business Wire
about 85 days ago by chrisdress
about 92 days ago by porsche17000
about 108 days ago by porsche17000
about 108 days ago by porsche17000
Jan 23, 8:15AM Business Wire
Jan 03, 8:00AM Business Wire
Nov 28, 8:09AM Street Insider
Oct 03, 8:00AM Business Wire
Aug 31, 8:40AM FlyOnTheWall
Aug 31, 8:02AM FlyOnTheWall
Aug 31, 8:00AM Business Wire
about 407 days ago by jimvanmeerten
about 409 days ago by DarvasTrader
about 531 days ago by redman59
about 546 days ago by Stock_Monster
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SILC | 13.80 | -0.17 | -1.22% | 96.81M |
| SIF | 19.05 | +0.06 | +0.32% | 100.46M |
| SIEB | 1.58 | -0.02 | -1.25% | 34.93M |
| SID | 6.22 | -0.26 | -4.01% | 9.448B |
| SIAL | 67.51 | -1.86 | -2.68% | 8.382B |
| SI | 80.52 | -2.08 | -2.52% | 72.38B |
| SHZ | 0.7886 | -0.05 | -6.13% | 28.08M |
| SHW | 124.57 | -5.07 | -3.91% | 13.46B |
| SHS | 34.41 | -1.72 | -4.76% | 1.750B |
| VMC | 32.96 | -1.69 | -4.88% | 4.479B |