Washington Real Estate Investment (WRE)
Washington Real Estate Investment Tangible Common Equity Ratio: 39.77%
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WRE Tangible Common Equity Ratio Rankings
| Overall | 46th percentile | 2353 of 4388 |
| Sector | 20th percentile | 689 of 871 in Financial |
| Industry | 34th percentile | 23 of 35 in REIT - Retail |
WRE Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 24.61% | Mar 2008 |
| Maximum | 40.69% | Dec 2011 |
| Average | 33.91% |
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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WRE News
May 24, 4:56PM Seeking Alpha
May 07, 4:35PM Business Wire
Apr 27, 5:41PM Seeking Alpha
Apr 26, 4:42PM Business Wire
Apr 25, 4:10PM Business Wire
about 59 days ago by MarketBrief
about 81 days ago by reuvenohr
about 81 days ago by BaselineAce
about 104 days ago by BaselineAce
Feb 17, 5:16PM Seeking Alpha
Feb 15, 4:30PM Business Wire
about 130 days ago by goodbuygurl
Jan 17, 8:25PM Business Wire
Jan 12, 7:54AM Street Insider
Nov 30, 4:13PM FlyOnTheWall
about 263 days ago by DynamicDividend
about 303 days ago by DynamicDividend
about 372 days ago by traderyork
about 400 days ago by Benzinga
about 631 days ago by dividata
about 952 days ago by jhains2
about 969 days ago by SnoopyJC
about 983 days ago by needcaffeine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WRE | 28.14 | +0.15 | +0.54% | 1.865B |
| WLP | 67.39 | -0.65 | -0.96% | 22.56B |
| WLL | 43.21 | -0.78 | -1.77% | 5.076B |
| WLK | 54.49 | -0.72 | -1.30% | 3.629B |
| WLFC | 12.74 | +0.00 | +0.00% | 116.70M |
| WLDN | 1.82 | -0.08 | -4.21% | 13.23M |
| WLB | 7.48 | +0.19 | +2.61% | 103.82M |
| WIW | 12.98 | +0.01 | +0.08% | |
| WIT | 8.60 | -0.04 | -0.46% | 21.12B |
| WBSN | 18.58 | +0.08 | +0.43% | 700.28M |