Taleo Corporation (TLEO)
Taleo Corporation Tangible Common Equity Ratio: 28.18%
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TLEO Tangible Common Equity Ratio Rankings
| Overall | 59th percentile | 1792 of 4388 |
| Sector | 71st percentile | 229 of 815 in Technology |
| Industry | 60th percentile | 33 of 83 in Application Software |
TLEO Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 22.39% | Sep 2008 |
| Maximum | 65.52% | Sep 2010 |
| Average | 44.78% |
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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TLEO News
about 60 days ago by abubnic
about 60 days ago by Street_Insider
Mar 27, 8:00AM Marketwire
about 72 days ago by StockTwits
Mar 09, 10:47AM Street Insider
Mar 06, 8:00AM Marketwire
Feb 29, 5:05PM Business Wire
about 99 days ago by TechStockRadar
about 109 days ago by david_putnam
Feb 11, 12:00PM PR Newswire
about 112 days ago by MarketBrief
about 112 days ago by sundeeptrade
Feb 10, 12:45PM Business Wire
Feb 10, 12:15PM Business Wire
about 113 days ago by abubnic
about 113 days ago by STNet
about 114 days ago by howardlindzon
about 114 days ago by howardlindzon
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TLEO | 45.98 | +0.00 | +0.00% | 1.908B |
| TLB | 2.40 | -0.04 | -1.64% | 171.68M |
| TLAB | 3.57 | -0.09 | -2.46% | 1.336B |
| TKR | 45.95 | -1.75 | -3.67% | 4.662B |
| TKMR | 1.95 | -0.20 | -9.27% | 30.09M |
| TKF | 12.07 | -0.13 | -1.07% | |
| TKC | 11.09 | +0.26 | +2.40% | 9.530B |
| TK | 26.16 | -0.78 | -2.90% | 1.856B |
| TJX | 40.90 | -1.56 | -3.67% | 31.70B |
| TIVO | 8.07 | -0.47 | -5.50% | 1.044B |