Universal Security Instruments (UUU)
Universal Security Instruments Tangible Common Equity Ratio: 94.99%
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UUU Tangible Common Equity Ratio Rankings
| Overall | 1st percentile | 4339 of 4388 |
| Sector | 0th percentile | 849 of 856 in Services |
| Industry | 0th percentile | 12 of 12 in Security & Protection Services |
UUU Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 61.47% | Jun 2007 |
| Maximum | 96.29% | Jun 2010 |
| Average | 83.49% |
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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UUU News
about 30 days ago by jimo66
Feb 10, 8:03AM Street Insider
Dec 13, 7:30AM PR Newswire
Oct 04, 5:00PM PR Newswire
Aug 31, 7:30AM PR Newswire
Aug 12, 8:02AM Street Insider
Jun 28, 7:30AM PR Newswire
about 345 days ago by finclyde
about 393 days ago by StockTiger
about 445 days ago by frankvoisin
about 482 days ago by ivanhoff
about 624 days ago by Ro_Patel
about 661 days ago by rdecaire
about 851 days ago by Ro_Patel
about 851 days ago by Ro_Patel
about 1100 days ago by Beigeman
about 1100 days ago by Beigeman
about 1101 days ago by Beigeman
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| UUU | 5.02 | -0.08 | -1.57% | 11.80M |
| UDRL | 4.53 | -0.10 | -2.16% | 116.81M |
| UDR | 25.36 | -0.55 | -2.10% | 5.785B |
| UDOW | 42.97 | -3.08 | -6.69% | |
| UDN | 26.08 | +0.05 | +0.19% | |
| UCTT | 5.73 | -0.23 | -3.86% | 137.62M |
| UCO | 27.10 | -2.21 | -7.54% | |
| UCFC | 2.10 | +0.01 | +0.48% | 68.72M |
| TSCM | 1.63 | +0.06 | +3.82% | |
| TS | 30.50 | -0.68 | -2.18% | 18.40B |