Versar (VSR)
Versar Tangible Common Equity Ratio: 55.59%
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VSR Tangible Common Equity Ratio Rankings
| Overall | 31st percentile | 3024 of 4388 |
| Sector | 25th percentile | 639 of 856 in Services |
| Industry | 0th percentile | 19 of 19 in Technical Services |
VSR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 41.35% | Dec 2010 |
| Maximum | 70.40% | Dec 2009 |
| Average | 57.45% |
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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VSR News
May 31, 4:17PM Street Insider
May 31, 4:15PM Business Wire
May 14, 9:15AM Business Wire
May 10, 4:15PM Business Wire
Mar 08, 9:15AM Benzinga
Mar 08, 9:15AM Business Wire
Nov 02, 9:15AM Business Wire
about 233 days ago by MarketBrief
Sep 20, 4:15PM Business Wire
about 281 days ago by britepathos
about 642 days ago by valuestocks
about 642 days ago by valuestocks
about 642 days ago by asues
about 645 days ago by valuestocks
about 647 days ago by valuestocks
about 729 days ago by gsearly
about 731 days ago by ToddinFL
about 731 days ago by ToddinFL
about 738 days ago by ToddinFL
about 739 days ago by Urbane_Gorilla
about 743 days ago by CumbucoTrader
about 789 days ago by place2b
about 794 days ago by johnwelshtrades
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VSR | 3.065 | +0.01 | +0.16% | 29.64M |
| VSPY | 40.00 | -0.39 | -0.97% | |
| VSPR | 39.93 | +0.00 | +0.00% | |
| VSNT | 9.75 | -0.10 | -1.02% | 27.88M |
| VSI | 49.00 | -0.52 | -1.05% | 1.447B |
| VOCS | 15.62 | -0.51 | -3.16% | 327.12M |
| VOC | 18.62 | -0.46 | -2.41% | |
| VO | 73.55 | -1.76 | -2.34% | |
| VNR | 22.99 | -1.11 | -4.61% | 1.289B |
| VNQI | 43.58 | -0.74 | -1.67% |
