Stantec (STN)
Stantec Tangible Common Equity Ratio: 24.41%
View STN 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
STN Tangible Common Equity Ratio Rankings
| Overall | 62nd percentile | 1644 of 4388 |
| Sector | 59th percentile | 347 of 856 in Services |
| Industry | 52nd percentile | 9 of 19 in Technical Services |
STN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -6.02% | Mar 2009 |
| Maximum | 35.98% | Sep 2007 |
| Average | 8.06% |
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 STN related companies
STN News
about 11 days ago by azendrian
Apr 05, 9:00AM Marketwire
Feb 24, 8:01AM Street Insider
Nov 03, 9:39AM Marketwire
about 255 days ago by frotuss
Sep 16, 9:00AM Marketwire
Sep 08, 11:05AM Marketwire
about 406 days ago by eyeonequities
about 434 days ago by pmckeough
about 516 days ago by OptionRadar
about 731 days ago by Convertbond
about 828 days ago by EquityClock
about 933 days ago by buffalod
about 933 days ago by Honest_T
about 933 days ago by Honest_T
about 933 days ago by Honest_T
about 933 days ago by Honest_T
about 933 days ago by Honest_T
about 933 days ago by Honest_T
about 933 days ago by Honest_T
about 934 days ago by Honest_T
about 934 days ago by buffalod
about 934 days ago by buffalod
about 934 days ago by buffalod
about 934 days ago by buffalod
about 934 days ago by buffalod
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| STN | 28.54 | -1.82 | -5.99% | 1.383B |
| SOFO | 7.120 | -0.08 | -1.11% | 27.41M |
| SODA | 30.24 | -0.76 | -2.45% | 620.93M |
| SOCB | 2.40 | -0.10 | -4.00% | 13.30M |
| SOA | 27.08 | -0.38 | -1.38% | 3.361B |
| SO | 45.93 | +0.02 | +0.04% | 39.57B |
| SNY | 33.43 | -0.60 | -1.76% | 91.26B |
| SNX | 32.83 | -0.52 | -1.56% | 1.236B |
| SNV | 1.71 | -0.20 | -10.47% | 1.513B |
| SNTS | 6.675 | +0.01 | +0.23% | 407.86M |