UR-Energy (URG)
UR-Energy Tangible Common Equity Ratio: 98.25%
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URG Tangible Common Equity Ratio Rankings
| Overall | 0th percentile | 4372 of 4388 |
| Sector | 1st percentile | 501 of 508 in Basic Materials |
| Industry | 6th percentile | 56 of 60 in Industrial Metals & Minerals |
URG Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 96.15% | Sep 2011 |
| Maximum | 98.60% | Mar 2008 |
| Average | 97.71% |
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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URG News
about 32 days ago by UrEnergy
about 32 days ago by UrEnergy
May 01, 6:52AM Street Insider
about 84 days ago by InvestorsGuru
Mar 02, 6:57AM Street Insider
about 128 days ago by InvestorsGuru
Jan 25, 8:20AM Marketwire
about 142 days ago by GoofyGolfa
about 222 days ago by PalladiumTweet
Oct 24, 6:03AM FlyOnTheWall
Oct 24, 6:00AM PR Newswire
about 257 days ago by Popeious
Sep 06, 2:58PM PR Newswire
about 278 days ago by UrEnergy
Aug 17, 4:40PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| URG | 0.8673 | -0.02 | -2.55% | 107.64M |
| TWC | 74.15 | -1.25 | -1.66% | 23.68B |
| TW | 58.87 | -1.39 | -2.31% | 4.296B |
| 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 |
