International Tower Hill Mines (THM)
International Tower Hill Mines Tangible Common Equity Ratio: -3157%
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THM Tangible Common Equity Ratio Rankings
| Overall | 99th percentile | 1 of 4388 |
| Sector | 99th percentile | 1 of 508 in Basic Materials |
| Industry | 96th percentile | 1 of 32 in Gold |
THM Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -3157% | Dec 2011 |
| Maximum | 98.72% | Jun 2010 |
| Average | -264.2% |
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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THM News
about 17 days ago by TradeIdeasQuant
about 17 days ago by TradeIdeasQuant
Apr 04, 9:30AM Marketwire
Mar 22, 7:30AM Marketwire
Mar 06, 8:00AM Marketwire
about 93 days ago by TradeIdeasQuant
Jan 11, 9:30AM Marketwire
Jan 09, 9:00AM Marketwire
Dec 29, 7:45AM Street Insider
Dec 14, 9:00AM Marketwire
about 172 days ago by TradeIdeasQuant
Nov 22, 9:30AM Marketwire
Nov 21, 9:00AM Marketwire
Nov 15, 9:15AM Marketwire
about 220 days ago by szaman
about 220 days ago by marketslave
Aug 30, 9:33AM FlyOnTheWall
Aug 24, 9:30AM Marketwire
Aug 16, 9:30AM Marketwire
about 418 days ago by gatorbay
about 422 days ago by traderstewie
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| THM | 3.54 | +0.30 | +9.26% | |
| THLD | 7.10 | -0.23 | -3.14% | 377.71M |
| THI | 52.28 | -1.02 | -1.91% | 8.441B |
| THG | 38.38 | -0.63 | -1.61% | 1.756B |
| SWM | 65.83 | -1.07 | -1.60% | 1.066B |
| SWKS | 26.11 | -0.75 | -2.79% | 5.061B |
| SWK | 64.39 | -1.86 | -2.81% | 11.29B |
| SWIR | 8.90 | -0.08 | -0.89% | 278.11M |
| SWI | 44.31 | -1.55 | -3.38% | 3.322B |
| SWHC | 6.58 | -0.16 | -2.37% | 437.22M |
