Westmoreland Coal Company (WLB)

7.48 +0.19  +2.61%  May 31, 8:00PM Go Pro
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Westmoreland Coal Company Tangible Common Equity Ratio: -39.82%

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WLB Tangible Common Equity Ratio Rankings

Overall 93rd percentile 267 of 4388
Sector 99th percentile 4 of 508 in Basic Materials
Industry 98th percentile 1 of 60 in Industrial Metals & Minerals

WLB Tangible Common Equity Ratio Range, Past 5 Years

Minimum -51.39% Dec 2011
Maximum -22.84% Jun 2007
Average -37.93%

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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WLB News

RT @StockCats combined market cap of all the coal stocks I can think of $PCX $ACI $JRCC $CNX $ANR $BTU $WLT $CLD $WLB $SXC $23.6B - $0 soon
about 14 days ago by mytfine
$WLB forms bearish "Descending Continuation Triangle" chart pattern. http://stks.co/3qUu
about 16 days ago by RecogniaEvents
$WLB filed latest Quarterly Report http://stks.co/3j7H
about 24 days ago by MarketBrief
$WLB forms bullish "Double Bottom" chart pattern. http://stks.co/3Yvo
about 34 days ago by RecogniaEvents
Energy Sector Wrap
Apr 27, 4:57PM
Westmoreland Coal (WLB) Files $50M Common Shelf
Apr 26, 9:54AM Street Insider
$WLB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/37Pb
about 65 days ago by MarketBrief
$WLB filed latest Annual Report http://stks.co/2pVp
about 80 days ago by MarketBrief
$WLB http://stks.co/2eSi broke rising trend supp and stair stepping lower, pause here maybe at MM, next MM 8.50
about 91 days ago by harmongreg
Westmoreland Reports 2011 Year End Results
Mar 01, 7:00AM Business Wire
RT @ryandbaird Top 10 Coal Stocks w/ Highest Short Interest: $JRCC, $PCX, $CLD, $LLEN, $ACI, $ANR $BTU, $WLB $WLT $CNX http://stks.co/1gjr
about 157 days ago by sssc
$WLB http://stks.co/1ajM not there yet, but over 11.75 has 10% upside
about 167 days ago by harmongreg
$WLB filed latest Quarterly Report http://stks.co/11g4
about 206 days ago by MarketBrief
Top Trade Ideas for the Week of September 12, 2011: The Best | via @harmongreg http://stks.co/AmW $CF $DIS $NFLX $WLB $WTW
about 263 days ago by chartly
Top Trade Ideas for the Week of September 12, 2011: The Best | via @harmongreg http://stks.co/AgZ $CF $DIS $NFLX $WLB $WTW
about 263 days ago by STNet
Top Trade Ideas for the Week of September 12, 2011: The Best http://stks.co/AIW $CF $DIS $NFLX $WLB $WTW 5 Set Ups 8 Trades $put
about 264 days ago by harmongreg
$WLB http://stks.co/A36 out of the bear flag between 10.3/11.3, target now 4 on MM
about 265 days ago by harmongreg
$WLB http://stks.co/5DI broke bear flag lower, supp at 9.2, 8.6 and 7.75 before Mm to 2.84
about 272 days ago by harmongreg
$WLB http://chart.ly/2g5ioow Coal stock
about 310 days ago by Xiphos_Trading
The coal stock closest to its 52wk high $WLB http://chart.ly/st66kag
about 346 days ago by ivanhoff
$WLB http://chart.ly/ynp666d Going higher with a MM target of 19
about 412 days ago by harmongreg
Seeing shooting stars in lots of coal fliers ($PCX, $MEE, $WLB, $WLT) exceptions still strong $BTU $ICO
about 453 days ago by harmongreg
RT @jfahmy: $WLT is a true leader in the coal sector, what a monster! << $WLB one letter off from coal greatness and better vol.
about 507 days ago by azulgrana_
($WLB) Australian floods shake global coal industry - http://eepurl.com/cceCn
about 508 days ago by ramillav
aussie floods could help some #COAL firms $KOL $BTU $WLB http://bit.ly/eQ67Tk
about 512 days ago by charliehutch
@traderstewie another coal name i like/stalking $WLB..still to early to separate the signal from the noise after an open like that...
about 515 days ago by azulgrana_
$WLB http://chart.ly/w8p43pk Monthly chart is less interesting.
about 530 days ago by Xiphos_Trading
$WLB http://chart.ly/gwawdd7 Westmoreland Coal daily
about 530 days ago by Xiphos_Trading

Recent Quotes

Symbol Price Chg Chg % Market Cap
WLB 7.48 +0.19 +2.61% 103.82M
WIW 12.98 +0.01 +0.08%
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