Uranium Resources (URRE)
Uranium Resources Tangible Common Equity Ratio: 77.88%
View URRE 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
URRE Tangible Common Equity Ratio Rankings
| Overall | 11th percentile | 3862 of 4388 |
| Sector | 17th percentile | 418 of 508 in Basic Materials |
| Industry | 33rd percentile | 40 of 60 in Industrial Metals & Minerals |
URRE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 70.07% | Mar 2010 |
| Maximum | 84.08% | Jun 2008 |
| Average | 76.51% |
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 URRE related companies
URRE News
May 23, 1:00PM Business Wire
May 11, 4:47PM Seeking Alpha
about 22 days ago by earningscast
about 31 days ago by jimo66
about 32 days ago by MarketBrief
Apr 30, 2:00PM Business Wire
Apr 02, 4:30PM Business Wire
about 66 days ago by PegTheNuke
about 67 days ago by taraprofitt
about 67 days ago by taraprofitt
about 72 days ago by OutSideTheBox
about 76 days ago by OutSideTheBox
about 80 days ago by mainetrader
Mar 09, 3:14PM Seeking Alpha
Mar 09, 6:55AM Business Wire
Feb 29, 1:00PM Business Wire
Feb 28, 11:30AM Business Wire
Jan 23, 4:31PM Street Insider
Jan 23, 4:30PM Benzinga
Nov 29, 4:32PM FlyOnTheWall
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| URRE | 0.6501 | -0.05 | -7.01% | 74.15M |
| URI | 31.11 | -3.44 | -9.96% | 2.203B |
| 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 |
