Solera (SLH)
Solera Tangible Common Equity Ratio: -94.04%
View SLH 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
SLH Tangible Common Equity Ratio Rankings
| Overall | 97th percentile | 106 of 4388 |
| Sector | 97th percentile | 22 of 815 in Technology |
| Industry | 92nd percentile | 4 of 57 in Business Software & Services |
SLH Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -181.9% | Jun 2007 |
| Maximum | -36.51% | Mar 2011 |
| Average | -113.0% |
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 SLH related companies
SLH News
about 16 days ago by azendrian
about 22 days ago by DynamicDividend
May 10, 8:27AM Wall St. Cheat Sheet
May 09, 9:48AM Benzinga
May 08, 9:10PM Seeking Alpha
about 24 days ago by earningscast
May 02, 12:07PM PR Newswire
Apr 10, 8:42PM PR Newswire
Apr 10, 8:37PM PR Newswire
Apr 10, 11:11AM PR Newswire
about 114 days ago by MarketBrief
about 114 days ago by TradeIdeasQuant
Feb 08, 6:02AM Benzinga
Feb 07, 10:10PM Seeking Alpha
about 115 days ago by MarketBrief
about 115 days ago by earningscast
about 115 days ago by Benzinga
Feb 07, 4:43PM Street Insider
Feb 06, 4:14PM Street Insider
Feb 01, 11:56AM PR Newswire
about 171 days ago by TradeIdeasQuant
about 227 days ago by MarketBrief
about 241 days ago by MarketBrief
about 279 days ago by TraderFlorida
about 282 days ago by Benzinga
about 292 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SLH | 42.79 | -1.61 | -3.63% | 3.110B |
| SIVB | 55.55 | -4.11 | -6.89% | 2.613B |
| SIRI | 1.85 | -0.04 | -2.12% | 7.097B |
| SINO | 2.580 | +0.03 | +1.17% | 7.482M |
| SINA | 50.97 | -2.30 | -4.32% | 3.511B |
| SIMO | 13.16 | -0.38 | -2.81% | 449.80M |
| SIMG | 4.25 | -0.17 | -3.85% | 367.17M |
| SIM | 8.39 | -0.41 | -4.66% | |
| SILU | 1.38 | +0.02 | +1.47% | |
| SILC | 13.80 | -0.17 | -1.22% | 96.81M |