TELUS Corporation (TU)

56.69 +0.88  +1.58%  May 31, 8:00PM Go Pro
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TELUS Corporation Tangible Common Equity Ratio: -22.74%

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TU Tangible Common Equity Ratio Rankings

Overall 91st percentile 379 of 4390
Sector 90th percentile 77 of 815 in Technology
Industry 76th percentile 8 of 34 in Wireless Communications

TU Tangible Common Equity Ratio Range, Past 5 Years

Minimum -22.74% Dec 2011
Maximum -1.89% Dec 2007
Average -10.32%

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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TU News

5 Blue-Chip Stocks to Avoid
May 31, 12:28PM
High Yield Stocks With Ex-Dividend Date June 2012 + http://stks.co/42ew + $MRK $MO $CTL $TU $DLR $PWE $NYX $WIN $HRB $FTR $WRI $GCI $LEG
about a day ago by DividendYield
What a difference a day makes
May 24, 11:00AM CNW Group
Rogers Downgraded to Underperform
May 23, 12:30PM Zacks
Searching for safety
May 21, 4:48PM
Rogers Enters Mobile-Payment Arena
May 17, 12:30PM Zacks
Cdn banks, telecoms move on new mobile payment system http://stks.co/3nwY via @globeandmail $RCI.B.CA $RCI $BCE.CA $BCE $T.CA $T.A.CA $TU
about 18 days ago by RitaTrichur
Low turnout did Telus in. Comeuppance for neglecting small shareholders. Yet they accept no responsibility http://stks.co/3mHb $T.ca $TU
about 22 days ago by irwebreport
This morning's top business news http://stks.co/3jzO $TU $T.CA $TS.B.CA $QBR.B.CA $THI $THI.CA $AGU $AGU.CA $CP $CP.CA #greece #eurozone
about 23 days ago by michaelbabad
TELUS Reports First Quarter 2012 Results
May 09, 9:00AM CNW Group
Canada's Telus withdraws share collapse plan in face of opposition, Globe and Mail's Rita Trichur reports http://stks.co/3jkv $TU $T.CA
about 23 days ago by michaelbabad
Breaking ... #Telus nixes share-consolidation plan hours before AGM http://stks.co/3jj4 via @globeandmail #in #CDNtech $T.CA $T.A.CA $TU
about 23 days ago by RitaTrichur
TELUS withdraws share conversion proposal
May 09, 12:27AM PR Newswire
BCE Beats EPS, Keeps '12 Guidance
May 04, 1:15PM Zacks
TELUS Park Edmonton gets the green light
May 03, 1:30PM CNW Group
Canada Planning Spectrum Auction
Apr 30, 1:45PM Zacks
Has BCE Become the Perfect Stock?
Apr 18, 9:38AM Motley Fool
$TU http://stks.co/3Ldi Continuation Diamond Target price $64 to $66
about 48 days ago by value_investor
$TU forms bearish "Megaphone Top" chart pattern. http://stks.co/3JQW
about 50 days ago by RecogniaEvents
Stock plan at Canada's Telus at risk as U.S. hedge fund takes major stake, Globe's Boyd Erman reports http://stks.co/3I5S $T.CA $TU
about 52 days ago by michaelbabad
$TU, $T.CA Telus stock plan at risk as U.S. hedge fund takes big stake http://stks.co/3I4Y
about 52 days ago by eyeonequities
sorry, meant $TU
about 60 days ago by Phileo99
What analysts say about trading in Telus shares http://stks.co/31MJ $TU $T.CA
about 71 days ago by michaelbabad
Foreigners fiddle with Telus stock, testing Canadian ownership rules http://stks.co/318a $TU $T.CA
about 71 days ago by michaelbabad
Telus says non-Canadians are buying common stock, shorting non-voting, pushing past foreign ownership limits http://stks.co/312Q $TU $T.CA
about 71 days ago by michaelbabad
Today's top business news http://stks.co/2rIF $GS $USB $WFC $C $MB.CA $BAM $BAM.A.CA $RCI.B.CA $BCE $BCE.CA $TU $T.CA #goldman #cdnpoli
about 79 days ago by michaelbabad
Canadian government opens telecom to foreigners. And more. Globe's Steve Chase reports. http://stks.co/2rGe $BCE $BCE.CA $TU $T.CA
about 79 days ago by michaelbabad
RT @michaelbabad Canada to make telecom announcement.Globe's Steven Chase reports http://stks.co/2qyl $BCE $BCE.CA $T.CA $RCI.B.CA $RCI $TU
about 79 days ago by tsxstocks
Canada to make telecom announcement today, Globe's Steven Chase reports http://stks.co/2qu9 $BCE $BCE.CA $T.CA $RCI.B.CA $RCI $TU
about 79 days ago by michaelbabad
Best Dividend Growth Stocks From Last Week + http://stks.co/2YoT + $IMO $BLK $RCI $CB $TU $BAM $VTR $TROW $JWN $THI $GPS $PEG $GCI $TMK
about 96 days ago by DividendYield
$TU all juiced up from announcement of dividend increase
about 100 days ago by Phileo99
Telus Continues Consistent Dividend Growth, Now Yields 4.5%: http://stks.co/2V2W $TU $T.CA
about 101 days ago by DynamicDividend
This morning's top business news http://stks.co/2Lge $TU $T.CA #eurozone #greece #cdnecon
about 112 days ago by michaelbabad

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