tw telecom (TWTC)
tw telecom Tangible Common Equity Ratio: 25.96%
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TWTC Tangible Common Equity Ratio Rankings
| Overall | 60th percentile | 1714 of 4388 |
| Sector | 73rd percentile | 212 of 815 in Technology |
| Industry | 21st percentile | 15 of 19 in Telecom Services - Domestic |
TWTC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 5.11% | Jun 2007 |
| Maximum | 25.96% | Mar 2012 |
| Average | 15.92% |
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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TWTC News
about 9 days ago by MarketBrief
about 10 days ago by vjtweet
May 16, 3:00PM PR Newswire
about 17 days ago by redman59
May 14, 3:06PM Street Insider
May 09, 11:00AM PR Newswire
about 28 days ago by gtlackey
May 03, 9:35AM Street Insider
May 02, 1:30PM PR Newswire
May 02, 12:30PM PR Newswire
May 02, 10:32AM Street Insider
Apr 24, 3:30PM PR Newswire
Apr 23, 3:02PM PR Newswire
Apr 10, 10:00AM PR Newswire
Feb 29, 11:27AM theflyonthewall.com
Feb 14, 4:31PM Marketwire
Feb 11, 2:00AM PR Newswire
Feb 09, 9:00AM PR Newswire
about 114 days ago by Benzinga
about 120 days ago by MarketBrief
about 140 days ago by MarketBrief
about 171 days ago by fallondpicks
about 298 days ago by Benzinga
about 346 days ago by 1973Hog
about 347 days ago by ABtrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TWTC | 22.70 | -0.49 | -2.11% | 3.479B |
| TWQ | 60.62 | +2.12 | +3.62% | |
| TWO | 10.14 | -0.20 | -1.93% | 2.215B |
| TWN | 15.09 | -0.44 | -2.83% | |
| 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 |
