Strayer Education (STRA)
Strayer Education Tangible Common Equity Ratio: 22.64%
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STRA Tangible Common Equity Ratio Rankings
| Overall | 63rd percentile | 1591 of 4388 |
| Sector | 61st percentile | 332 of 856 in Services |
| Industry | 70th percentile | 9 of 31 in Education & Training Services |
STRA Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 15.82% | Dec 2011 |
| Maximum | 74.84% | Dec 2010 |
| Average | 46.46% |
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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STRA News
May 18, 11:10AM Benzinga
about 15 days ago by DynamicDividend
about 18 days ago by ldrogen
Apr 26, 6:50PM Seeking Alpha
about 36 days ago by TradeBot
about 36 days ago by earningscast
about 36 days ago by TradeIdeasQuant
Apr 26, 9:30AM Street Insider
about 37 days ago by MercenaryMike
Apr 26, 6:30AM Business Wire
about 43 days ago by tradewithpete
about 56 days ago by BaselineAce
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
Apr 02, 5:30PM Business Wire
about 61 days ago by MarketBrief
about 64 days ago by MarketBrief
about 65 days ago by MarketBrief
about 66 days ago by MarketBrief
about 67 days ago by MarketBrief
about 68 days ago by MarketBrief
about 71 days ago by MarketBrief
about 71 days ago by ldrogen
about 77 days ago by RecogniaEvents
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| STRA | 86.87 | -2.98 | -3.32% | 1.066B |
| STR | 19.76 | -0.30 | -1.52% | 3.571B |
| STPZ | 53.55 | -0.12 | -0.22% | |
| STP | 1.59 | -0.06 | -3.64% | 297.26M |
| STON | 24.64 | -0.46 | -1.83% | 486.19M |
| STO | 22.26 | -0.44 | -1.94% | 72.38B |
| STNR | 44.55 | -1.28 | -2.79% | 699.37M |
| STNG | 5.42 | -0.17 | -3.04% | 214.38M |
| STN | 28.54 | -1.82 | -5.99% | 1.383B |
| SOFO | 7.120 | -0.08 | -1.11% | 27.41M |
