United Therapeutics Corporation (UTHR)
United Therapeutics Corporation Tangible Common Equity Ratio: 65.06%
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UTHR Tangible Common Equity Ratio Rankings
| Overall | 22nd percentile | 3393 of 4390 |
| Sector | 38th percentile | 313 of 506 in Healthcare |
| Industry | 28th percentile | 28 of 39 in Drug Manufacturers - Other |
UTHR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 36.56% | Jun 2007 |
| Maximum | 65.40% | Jun 2010 |
| Average | 58.60% |
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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UTHR News
about 29 days ago by TradeIdeasQuant
about 29 days ago by hedgefundhell
about 32 days ago by biostock
Apr 26, 7:40PM Seeking Alpha
Apr 26, 6:00AM PR Newswire
Apr 24, 3:44AM Benzinga
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Apr 12, 7:43AM Street Insider
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about 78 days ago by MilionCapital
Mar 15, 7:02AM Benzinga
about 85 days ago by MagicDiligence
Feb 21, 7:13AM Street Insider
Feb 14, 11:39AM Benzinga
Feb 14, 11:38AM Seeking Alpha
Feb 14, 8:57AM Benzinga
Feb 14, 7:02AM Street Insider
Feb 14, 7:00AM PR Newswire
about 114 days ago by MarketBrief
Feb 07, 10:38AM Street Insider
about 116 days ago by MarketBrief
about 121 days ago by gig777
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| UTHR | 44.24 | -0.48 | -1.07% | 2.398B |
| UNL | 16.31 | +0.09 | +0.55% | |
| UNIS | 4.17 | +0.17 | +4.25% | 295.44M |
| UNH | 55.77 | -0.40 | -0.71% | 58.70B |
| UNG | 16.79 | -0.12 | -0.71% | |
| UNFI | 50.70 | -0.11 | -0.22% | 2.477B |
| UNF | 57.22 | -0.05 | -0.09% | 1.139B |
| UNB | 18.78 | -0.35 | -1.83% | 85.32M |
| UNAM | 10.59 | +0.00 | +0.00% | 56.55M |
| UN | 31.36 | +0.08 | +0.26% | 93.21B |