Trans World Entertainment (TWMC)
Trans World Entertainment Tangible Common Equity Ratio: 51.69%
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TWMC Tangible Common Equity Ratio Rankings
| Overall | 34th percentile | 2868 of 4388 |
| Sector | 30th percentile | 596 of 856 in Services |
| Industry | 0th percentile | 3 of 3 in Music & Video Stores |
TWMC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 40.87% | Oct 2009 |
| Maximum | 98.07% | Jul 2011 |
| Average | 52.55% |
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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TWMC News
May 17, 12:31PM Fox Business
May 17, 12:16PM Seeking Alpha
May 10, 7:00AM PR Newswire
May 07, 7:10AM Benzinga
Mar 01, 11:03AM Seeking Alpha
Mar 01, 7:05AM Street Insider
Mar 01, 7:00AM PR Newswire
Feb 23, 8:00AM PR Newswire
Nov 30, 2:27PM The Wall Street Journal
Nov 17, 12:03PM Seeking Alpha
about 228 days ago by MarketBrief
about 541 days ago by benyamin
about 913 days ago by LearningMarkets
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TWMC | 3.01 | -0.04 | -1.31% | 95.92M |
| TWM | 36.37 | +2.06 | +6.00% | |
| TWIN | 18.02 | -1.04 | -5.46% | 217.86M |
| TWI | 21.21 | -1.19 | -5.31% | 945.73M |
| TWGP | 19.38 | -0.25 | -1.27% | 776.17M |
| TWER | 3.54 | -0.09 | -2.48% | 197.18M |
| TWC | 74.16 | -1.24 | -1.64% | 23.68B |
| TGS | 2.12 | +0.02 | +0.95% | 333.69M |
| TGP | 36.79 | -0.52 | -1.39% | 2.420B |
| TGH | 32.37 | -0.50 | -1.52% | 1.628B |
