Uroplasty (UPI)
Uroplasty Tangible Common Equity Ratio: 85.68%
View UPI Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
UPI Tangible Common Equity Ratio Rankings
| Overall | 6th percentile | 4118 of 4388 |
| Sector | 11th percentile | 449 of 506 in Healthcare |
| Industry | 12th percentile | 65 of 74 in Medical Appliances & Equipment |
UPI Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 69.80% | Sep 2007 |
| Maximum | 90.38% | Sep 2010 |
| Average | 81.50% |
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.
Learn More
You may also be interested in these UPI related companies
UPI News
about 3 days ago by TradeIdeasQuant
May 25, 1:42PM Street Insider
May 25, 10:39AM Street Insider
about 8 days ago by evcgroup
May 24, 4:05PM PR Newswire
May 17, 7:00AM PR Newswire
May 16, 12:30PM PR Newswire
May 07, 4:05PM PR Newswire
about 31 days ago by RecogniaEvents
about 31 days ago by RecogniaEvents
about 36 days ago by evcgroup
about 65 days ago by RecogniaEvents
about 81 days ago by kaneco
about 88 days ago by kaneco
about 88 days ago by kaneco
about 107 days ago by evcgroup
about 127 days ago by MarketBrief
Jan 19, 7:00AM PR Newswire
Dec 13, 9:29AM theflyonthewall.com
Dec 07, 6:00AM PR Newswire
Nov 09, 7:00AM PR Newswire
about 218 days ago by evcgroup
about 340 days ago by stockspot
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| UPI | 4.45 | -0.19 | -4.09% | 96.56M |
| TU | 56.12 | -0.57 | -1.01% | 8.492B |
| TTWO | 11.19 | -0.33 | -2.86% | 1.032B |
| TTP | 22.73 | -0.51 | -2.19% | |
| TTO | 9.21 | -0.01 | -0.11% | |
| TTMI | 9.11 | -0.13 | -1.41% | 751.58M |
| TTM | 20.31 | -0.48 | -2.31% | 11.19B |
| TTHI | 1.95 | -0.09 | -4.41% | 52.49M |
| TTGT | 5.08 | -0.15 | -2.87% | 203.03M |
| TTF | 15.09 | -0.31 | -2.01% |
