TICC Capital (TICC)
TICC Capital Tangible Common Equity Ratio: 72.37%
View TICC 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
TICC Tangible Common Equity Ratio Rankings
| Overall | 16th percentile | 3672 of 4388 |
| Sector | 6th percentile | 817 of 871 in Financial |
| Industry | 29th percentile | 39 of 55 in Asset Management |
TICC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 61.95% | Mar 2008 |
| Maximum | 99.45% | Dec 2009 |
| Average | 86.70% |
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 TICC related companies
TICC News
about 16 days ago by altonjjones
about 28 days ago by johnkelly
May 03, 8:00AM Marketwire
Apr 30, 6:00PM Marketwire
about 36 days ago by MarketBrief
Apr 19, 7:43AM Street Insider
about 46 days ago by altonjjones
about 79 days ago by altonjjones
about 79 days ago by altonjjones
about 81 days ago by kawfeeman
about 81 days ago by DynamicDividend
about 84 days ago by DynamicDividend
about 85 days ago by altonjjones
Mar 01, 6:09PM Marketwire
about 97 days ago by altonjjones
about 108 days ago by altonjjones
about 113 days ago by altonjjones
about 113 days ago by altonjjones
about 114 days ago by altonjjones
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TICC | 9.37 | -0.10 | -1.06% | 351.05M |
| TIBX | 26.35 | -0.40 | -1.50% | 4.457B |
| TIBB | 12.75 | -0.59 | -4.42% | 157.46M |
| TI.A | 6.82 | +0.08 | +1.19% | |
| TI | 8.48 | +0.20 | +2.42% | 11.11B |
| THS | 56.64 | -0.37 | -0.65% | 2.050B |
| THRX | 20.12 | -0.57 | -2.75% | 1.782B |
| THR | 19.70 | -0.61 | -3.00% | 599.55M |
| THQI | 0.64 | -0.02 | -3.03% | 45.14M |
| THOR | 29.92 | -0.42 | -1.38% | 1.773B |