United Stationers (USTR)
United Stationers Tangible Common Equity Ratio: 19.90%
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USTR Tangible Common Equity Ratio Rankings
| Overall | 65th percentile | 1498 of 4388 |
| Sector | 64th percentile | 305 of 856 in Services |
| Industry | 75th percentile | 1 of 4 in Wholesale, Other |
USTR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 10.75% | Mar 2008 |
| Maximum | 39.60% | Jun 2007 |
| Average | 20.58% |
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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USTR News
May 25, 10:31AM Benzinga
about 39 days ago by earningscast
Feb 27, 6:51AM Street Insider
about 96 days ago by abubnic
Feb 24, 4:31PM Benzinga
Feb 24, 4:30PM Business Wire
about 109 days ago by earningscast
about 109 days ago by Benzinga
Feb 13, 4:30PM Business Wire
Jan 31, 4:30PM Business Wire
Dec 08, 5:13PM Street Insider
Dec 07, 5:52PM Business Wire
Dec 07, 4:40PM Business Wire
about 230 days ago by sharpshorts
about 308 days ago by mrstochastic
about 458 days ago by DynamicDividend
about 648 days ago by NASDAQ
about 674 days ago by OptionRadar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| USTR | 25.01 | -0.24 | -0.95% | 1.069B |
| USHS | 8.07 | -0.50 | -5.83% | 62.13M |
| USG | 13.96 | -1.46 | -9.47% | 1.624B |
| USEG | 2.22 | -0.03 | -1.33% | 61.76M |
| USD | 31.35 | -2.27 | -6.75% | |
| USCR | 4.69 | -0.22 | -4.48% | |
| USBI | 4.85 | -0.03 | -0.61% | 29.38M |
| USB | 29.60 | -1.51 | -4.85% | 59.45B |
| USAT | 1.40 | -0.01 | -0.71% | 46.04M |
| USAP | 38.51 | -1.73 | -4.30% | 275.64M |
