Senomyx (SNMX)
Senomyx Tangible Common Equity Ratio: 46.10%
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SNMX Tangible Common Equity Ratio Rankings
| Overall | 40th percentile | 2618 of 4390 |
| Sector | 53rd percentile | 235 of 507 in Basic Materials |
| Industry | 41st percentile | 31 of 53 in Specialty Chemicals |
SNMX Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 35.49% | Sep 2010 |
| Maximum | 75.11% | Jun 2007 |
| Average | 55.68% |
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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SNMX News
May 24, 11:02AM Seeking Alpha
May 17, 8:30AM Business Wire
May 09, 8:56PM Seeking Alpha
about 23 days ago by earningscast
about 28 days ago by earningscast
May 03, 8:30AM Marketwire
May 01, 8:30AM Marketwire
Apr 26, 8:30AM Business Wire
Mar 27, 8:30AM Marketwire
Mar 07, 10:33AM GlobeNewswire
Mar 07, 8:30AM Marketwire
about 91 days ago by earningscast
Mar 01, 8:30AM Marketwire
Jan 04, 8:30AM Marketwire
Oct 27, 8:30AM Business Wire
Oct 21, 8:30AM Business Wire
about 272 days ago by BioDueDiligence
about 272 days ago by BioDueDiligence
about 277 days ago by BioDueDiligence
Aug 24, 8:30AM Business Wire
Aug 05, 8:30AM Business Wire
Aug 01, 8:30AM Business Wire
about 324 days ago by canarionyc
about 330 days ago by BioDueDiligence
about 350 days ago by BioDueDiligence
about 350 days ago by BioDueDiligence
about 350 days ago by BioDueDiligence
about 351 days ago by BioDueDiligence
about 357 days ago by BioDueDiligence
about 357 days ago by BioDueDiligence
about 362 days ago by BioDueDiligence
about 366 days ago by BioDueDiligence
about 366 days ago by BioDueDiligence
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SNMX | 2.27 | -0.04 | -1.73% | 91.87M |
| SNCR | 17.48 | +0.27 | +1.57% | 662.93M |
| SNAK | 6.33 | -0.04 | -0.63% | 115.74M |
| SNA | 59.63 | -0.62 | -1.03% | 3.510B |
| SN | 23.48 | -0.80 | -3.29% | 839.36M |
| SMTX | 3.26 | -0.04 | -1.21% | 51.21M |
| SMTC | 23.71 | -0.27 | -1.13% | 1.569B |
| SMT | 1.30 | -0.01 | -0.76% | 54.99M |
| SMSI | 1.585 | -0.01 | -0.31% | 56.59M |
| SMSC | 36.60 | -0.02 | -0.05% | 814.06M |