Lin TV (TVL)
Lin TV Tangible Common Equity Ratio: -212.0%
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TVL Tangible Common Equity Ratio Rankings
| Overall | 99th percentile | 33 of 4388 |
| Sector | 97th percentile | 18 of 856 in Services |
| Industry | 73rd percentile | 4 of 15 in Broadcasting - TV |
TVL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -264.9% | Sep 2009 |
| Maximum | -108.4% | Dec 2011 |
| Average | -230.3% |
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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TVL News
May 31, 9:22AM Business Wire
about 24 days ago by earningscast
May 07, 7:14AM Benzinga
May 03, 9:00AM Business Wire
Apr 25, 9:00AM Business Wire
about 80 days ago by earningscast
Feb 29, 9:03AM Business Wire
about 110 days ago by lamonicabuzz
about 346 days ago by DrewDog12380
about 346 days ago by SharePlanner
about 425 days ago by StockTiger
about 425 days ago by StockTiger
about 425 days ago by StockTiger
about 501 days ago by noodls_sTech
about 786 days ago by stan93
about 813 days ago by LordBlankfiend
about 814 days ago by LaMonicaBuzz
about 829 days ago by rfurlan
about 933 days ago by Ro_Patel
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TVL | 2.77 | -0.11 | -3.82% | 162.29M |
| TV | 18.75 | -0.24 | -1.26% | |
| TUZ | 51.05 | +0.03 | +0.05% | |
| TUR | 45.90 | -0.32 | -0.69% | |
| TUP | 51.60 | -2.45 | -4.53% | 3.034B |
| TUES | 4.05 | -0.13 | -3.11% | 175.27M |
| TSM | 13.06 | -0.67 | -4.88% | 71.17B |
| TSLA | 28.15 | -1.35 | -4.58% | 3.086B |
| TSL | 6.35 | +0.20 | +3.25% | 488.86M |
| TSH | 37.10 | +0.00 | +0.00% | 76.80M |