Siliconware Precision Industries Company (SPIL)
Siliconware Precision Industries Company Tangible Common Equity Ratio: 70.92%
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SPIL Tangible Common Equity Ratio Rankings
| Overall | 17th percentile | 3622 of 4390 |
| Sector | 29th percentile | 572 of 815 in Technology |
| Industry | 41st percentile | 25 of 43 in Semiconductor Equipment & Materials |
SPIL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 64.47% | Jun 2008 |
| Maximum | 84.73% | Mar 2009 |
| Average | 75.49% |
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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SPIL News
Apr 16, 8:16AM Street Insider
Feb 21, 9:24AM Street Insider
Jan 17, 10:44AM Fool
Jan 03, 10:45AM Street Insider
about 155 days ago by StockTwits
about 155 days ago by Estimize
Nov 02, 7:06AM Street Insider
Oct 26, 6:55AM Street Insider
about 237 days ago by tradersplaybook
Aug 10, 9:24AM Street Insider
Aug 10, 8:01AM FlyOnTheWall
Jul 27, 6:50AM FlyOnTheWall
about 317 days ago by TheOxenGroupdotcom
Jul 18, 10:57AM FlyOnTheWall
about 386 days ago by StockTwitsTV
about 393 days ago by ChartSwingTrade
about 413 days ago by roykaller
about 422 days ago by WorstTraderEver
about 442 days ago by InvestorsChoice
about 481 days ago by szaman
about 490 days ago by tradewithpete
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SPIL | 5.285 | +0.01 | +0.28% | 3.264B |
| SPH | 36.71 | -0.27 | -0.73% | 1.313B |
| SPG | 148.12 | +1.94 | +1.33% | 43.53B |
| SJR | 18.99 | -0.01 | -0.05% | 7.936B |
| SJM | 76.79 | -0.54 | -0.70% | 8.767B |
| SJI | 48.46 | +0.86 | +1.81% | 1.440B |
| SJF | 25.75 | +0.00 | +0.00% | |
| SIX | 45.55 | +0.25 | +0.55% | 2.458B |
| SIVR | 27.59 | -0.13 | -0.47% | |
| SIVB | 59.84 | +0.02 | +0.03% | 2.620B |
