Vascular Solutions (VASC)
Vascular Solutions Tangible Common Equity Ratio: 82.89%
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VASC Tangible Common Equity Ratio Rankings
| Overall | 8th percentile | 4024 of 4388 |
| Sector | 15th percentile | 426 of 506 in Healthcare |
| Industry | 18th percentile | 53 of 65 in Medical Instruments & Supplies |
VASC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 36.88% | Jun 2007 |
| Maximum | 85.06% | Sep 2011 |
| Average | 67.77% |
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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VASC News
about 3 days ago by StrongestStocks
May 21, 4:05PM GlobeNewswire
May 10, 4:05PM GlobeNewswire
May 08, 7:29AM Street Insider
May 01, 4:05PM GlobeNewswire
Apr 25, 11:07AM Street Insider
Apr 25, 9:44AM Street Insider
about 38 days ago by earningscast
Apr 24, 4:16PM Street Insider
Apr 10, 4:05PM Business Wire
about 63 days ago by MarketBrief
about 74 days ago by RecogniaEvents
Feb 02, 9:33AM Street Insider
about 121 days ago by wallstreetbean
about 121 days ago by earningscast
Feb 01, 4:20PM Street Insider
Feb 01, 4:05PM GlobeNewswire
Jan 18, 4:05PM Business Wire
about 152 days ago by STNet
Nov 22, 4:15PM GlobeNewswire
Oct 26, 8:45AM Street Insider
Oct 25, 4:40PM Street Insider
about 249 days ago by jasonbgordon
about 605 days ago by OptionRadar
about 642 days ago by OptionRadar
about 716 days ago by OptionRadar
about 737 days ago by ToddinFL
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VASC | 11.10 | -0.28 | -2.46% | 189.14M |
| UWN | 1.14 | +0.00 | +0.00% | 18.11M |
| UWBK | None | None | None | |
| UVV | 44.11 | -1.06 | -2.35% | 1.050B |
| UVSP | 15.45 | -0.57 | -3.56% | 268.34M |
| UVE | 3.60 | +0.10 | +2.86% | 140.42M |
| 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% |