U.S. Physical Therapy (USPH)
U.S. Physical Therapy Tangible Common Equity Ratio: 36.85%
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USPH Tangible Common Equity Ratio Rankings
| Overall | 49th percentile | 2215 of 4388 |
| Sector | 60th percentile | 198 of 506 in Healthcare |
| Industry | 31st percentile | 11 of 16 in Specialized Health Services |
USPH Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 31.57% | Dec 2011 |
| Maximum | 73.66% | Jun 2007 |
| Average | 48.42% |
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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USPH News
Jun 01, 4:04AM Benzinga
May 14, 3:30PM Business Wire
about 29 days ago by earningscast
May 03, 8:23AM Street Insider
May 03, 8:00AM Business Wire
Mar 13, 8:51AM Street Insider
about 85 days ago by DynamicDividend
about 85 days ago by earningscast
Mar 08, 8:02AM Street Insider
Mar 08, 8:00AM Business Wire
Feb 06, 2:00PM Business Wire
Dec 13, 10:30AM Business Wire
about 302 days ago by Benzinga
about 378 days ago by DynamicDividend
about 410 days ago by DynamicDividend
about 456 days ago by DynamicDividend
about 522 days ago by TonyWiltshire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| USPH | 23.95 | -0.35 | -1.44% | 285.77M |
| USO | 31.35 | -1.26 | -3.86% | |
| USNA | 40.09 | -0.31 | -0.77% | 605.60M |
| USMO | 11.66 | -0.76 | -6.12% | 274.61M |
| USM | 37.06 | -0.33 | -0.88% | 3.161B |
| USHS | 8.10 | -0.47 | -5.48% | 62.13M |
| UBP | 17.33 | +0.00 | +0.00% | 511.58M |
| UBOH | 9.19 | +0.29 | +3.26% | 31.71M |
| UBFO | 2.29 | +0.18 | +8.35% | 31.30M |
| TWX | 33.74 | -0.73 | -2.12% | 33.42B |