Vocus (VOCS)
Vocus Tangible Common Equity Ratio: -161.0%
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VOCS Tangible Common Equity Ratio Rankings
| Overall | 98th percentile | 47 of 4388 |
| Sector | 99th percentile | 6 of 815 in Technology |
| Industry | 95th percentile | 1 of 22 in Internet Software & Services |
VOCS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -161.0% | Mar 2012 |
| Maximum | 62.84% | Sep 2009 |
| Average | 42.98% |
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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VOCS News
about a day ago by MarketBrief
about 3 days ago by ActiveTradingPartners
about 4 days ago by MarketBrief
May 18, 3:13AM GlobeNewswire
about 24 days ago by MarketBrief
about 25 days ago by HighGrowthFinancial
about 26 days ago by MarketBrief
about 26 days ago by MarketBrief
about 30 days ago by StockTiger
about 30 days ago by RecogniaEvents
about 30 days ago by StockTiger
about 30 days ago by StockTiger
about 30 days ago by GoofyGolfa
about 31 days ago by iadops40
about 31 days ago by earningscast
about 37 days ago by RecogniaEvents
Apr 10, 4:38AM Benzinga
about 73 days ago by mentholatum
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VOCS | 15.72 | -0.41 | -2.54% | 327.12M |
| UTHR | 43.01 | -1.23 | -2.78% | 2.373B |
| UTG | 25.75 | -0.05 | -0.19% | |
| UTEK | 29.07 | -1.25 | -4.12% | 791.66M |
| UTA | 3.96 | +0.00 | +0.00% | 78.80M |
| USU | 0.7299 | +0.01 | +1.07% | 88.16M |
| 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 |
