Vimpel-Communications (VIP)
Vimpel-Communications Tangible Common Equity Ratio: -51.99%
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VIP Tangible Common Equity Ratio Rankings
| Overall | 95th percentile | 199 of 4388 |
| Sector | 95th percentile | 38 of 815 in Technology |
| Industry | 97th percentile | 1 of 34 in Wireless Communications |
VIP Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -99.18% | Jun 2011 |
| Maximum | 38.25% | Dec 2007 |
| Average | -0.57% |
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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VIP News
May 31, 8:44AM Street Insider
May 30, 11:11AM Street Insider
about 5 days ago by pasleyt
May 25, 3:09PM Street Insider
May 25, 1:42PM Street Insider
about 7 days ago by chuckeee
May 25, 10:39AM Street Insider
May 25, 9:31AM Benzinga
May 16, 6:28PM Wall St. Cheat Sheet
May 14, 3:29PM Street Insider
about 80 days ago by STtech
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VIP | 7.23 | -0.14 | -1.90% | 11.93B |
| VIOV | 59.53 | -1.38 | -2.26% | |
| VIMC | 1.00 | +0.04 | +4.17% | 35.24M |
| VII | 3.36 | +0.36 | +12.00% | 15.02M |
| VIFL | 6.79 | -0.02 | -0.29% | 19.08M |
| VIDE | 3.64 | -0.31 | -7.85% | 30.22M |
| VICR | 5.84 | -0.18 | -2.99% | 251.70M |
| VICL | 2.80 | -0.12 | -4.11% | 250.77M |
| VIAS | 18.30 | -0.91 | -4.74% | 394.96M |
| VIA.B | 46.28 | -1.45 | -3.04% | 23.33B |
