Sunrise Senior Living (SRZ)
Sunrise Senior Living Tangible Common Equity Ratio: 5.55%
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SRZ Tangible Common Equity Ratio Rankings
| Overall | 82nd percentile | 776 of 4390 |
| Sector | 80th percentile | 100 of 506 in Healthcare |
| Industry | 58th percentile | 5 of 12 in Long-Term Care Facilities |
SRZ Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -4.84% | Sep 2009 |
| Maximum | 27.00% | Sep 2007 |
| Average | 8.03% |
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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SRZ News
May 30, 7:00AM PR Newswire
May 14, 2:21AM Benzinga
May 08, 5:48PM PR Newswire
about 23 days ago by MarketBrief
May 02, 2:23PM Seeking Alpha
about 30 days ago by kunal00
about 30 days ago by LoneTrader
about 30 days ago by TradeIdeasQuant
about 30 days ago by earningscast
Apr 19, 8:00AM PR Newswire
about 44 days ago by StockTiger
about 44 days ago by StockTiger
about 58 days ago by MarketBrief
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 63 days ago by MarketBrief
about 63 days ago by luckyluck2
about 64 days ago by MarketBrief
about 64 days ago by RecogniaEvents
about 65 days ago by TradeBot
about 65 days ago by MarketBrief
about 66 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SRZ | 6.02 | +0.12 | +2.03% | 341.02M |
| SCHN | 26.08 | -1.28 | -4.68% | 745.83M |
| SCHL | 26.95 | -0.33 | -1.21% | 847.04M |
| SCHG | 31.75 | -0.15 | -0.48% | |
| SCHA | 34.13 | -0.09 | -0.27% | |
| SCG | 46.95 | +0.37 | +0.79% | 6.074B |
| SCCO | 28.45 | -0.25 | -0.87% | 24.40B |
| SCC | 50.66 | +0.11 | +0.23% | |
| SCBT | 33.89 | +0.26 | +0.77% | 472.84M |
| SBX | 8.48 | +0.03 | +0.35% | 188.77M |