Advanced Drainage Systems (WMS)

Add to Watchlists Create an Alert
15.91 -0.10  -0.62% NYSE Jul 30, 5:00PM BATS Real time Currency in USD

Advanced Drainage Systems Tangible Common Equity Ratio (Quarterly)

View 4,000+ financial data types

View Full Chart

Advanced Drainage Systems Tangible Common Equity Ratio (Quarterly) Chart

Advanced Drainage Systems Historical Tangible Common Equity Ratio (Quarterly) Data

View and export this data going back to 2013. Start your YCharts Lite Membership
Export Data Date Range:
Viewing of   First  Previous First  Previous   Next  Last Next   Last
Data for this Date Range  
March 31, 2014 Upgrade
Dec. 31, 2013 Upgrade
Sept. 30, 2013 Upgrade
   
June 30, 2013 Upgrade
March 31, 2013 Upgrade

There is no data for the selected date range.

An error occurred. Please try again by refreshing your browser or contact us with details of your problem.

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.
Learn More

View Tangible Common Equity Ratio (Quarterly) for WMS.
Start Your YCharts Lite Membership.

Access over 100 stock metrics like Beta, EV/EBITDA, PE10, Free Cash Flow Yield, KZ Index and Cash Conversion Cycle.

Get Started Now

Already a YCharts Lite Member? Sign in here.

Get data for

WMS Tangible Common Equity Ratio (Quarterly) Benchmarks

Companies
AEP Industries Upgrade
Core Molding Technologies Upgrade
Essentra Upgrade

WMS Tangible Common Equity Ratio (Quarterly) Range, Past 5 Years

Minimum Upgrade Mar 2014
Maximum Upgrade Dec 2013
Average Upgrade

WMS Tangible Common Equity Ratio (Quarterly) Excel Add-In Codes

  • Metric Code: tangible_common_equity_ratio
  • Latest data point: =YCP("WMS", "tangible_common_equity_ratio")
  • Last 5 data points: =YCS("WMS", "tangible_common_equity_ratio", -4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.

Already registered? Click here to sign in.

Access watchlists and custom data alerts.
Start your free account.

required
required
required
required
required
Get Started Now
document.write('');

{{root.upsell.info.feature_headline}}.
Upgrade to {{root.upsell.info.tier_name}}. Start your {{root.upsell.info.tier_name}} Membership

{{root.upsell.info.feature_description}}

{{root.upsell.info.is_upgrade ? "Upgrade Now" : "Start My Free Trial"}}

Already a {{root.upsell.info.tier_name}} Member? Sign in here.