Unifi (UFI)
Unifi Tangible Common Equity Ratio: 55.18%
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UFI Tangible Common Equity Ratio Rankings
| Overall | 31st percentile | 3004 of 4388 |
| Sector | 26th percentile | 232 of 317 in Industrial Goods |
| Industry | 16th percentile | 5 of 6 in Textile Industrial |
UFI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 41.96% | Sep 2007 |
| Maximum | 56.24% | Dec 2011 |
| Average | 49.89% |
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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UFI News
Apr 30, 10:37AM PR Newswire
about 37 days ago by earningscast
about 38 days ago by RecogniaEvents
Apr 10, 4:31AM Benzinga
about 121 days ago by earningscast
Jan 05, 3:35PM PR Newswire
Nov 17, 12:01AM PR Newswire
about 391 days ago by howardlindzon
about 439 days ago by Schooz71
about 465 days ago by Street_Insider
about 503 days ago by Andiroo33
about 503 days ago by Andiroo33
about 592 days ago by Spyder_Crusher
about 621 days ago by zortrades
about 621 days ago by mb_willoughby
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| UFI | 10.69 | -0.34 | -3.08% | 221.59M |
| UCFC | 2.05 | -0.04 | -1.91% | 68.72M |
| UCC | 62.05 | -2.17 | -3.38% | |
| UCBI | 7.78 | -0.45 | -5.47% | 343.11M |
| UBT | 79.27 | +3.78 | +5.01% | |
| UBSI | 24.40 | -1.22 | -4.76% | 1.286B |
| UBS | 11.24 | -0.14 | -1.23% | 42.64B |
| UBP | 16.99 | -0.34 | -1.96% | 511.58M |
| TRGT | 4.14 | -0.01 | -0.24% | 138.61M |
| TRGP | 42.53 | -1.81 | -4.08% | 1.878B |
