Wyndham Worldwide Corporation (WYN)
Wyndham Worldwide Corporation Tangible Common Equity Ratio: -7.38%
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WYN Tangible Common Equity Ratio Rankings
| Overall | 88th percentile | 515 of 4387 |
| Sector | 80th percentile | 167 of 856 in Services |
| Industry | 66th percentile | 5 of 15 in Lodging |
WYN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -7.38% | Mar 2012 |
| Maximum | 5.03% | Sep 2010 |
| Average | -0.92% |
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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WYN News
May 22, 6:41AM Street Insider
May 21, 10:25AM Marketwire
about 18 days ago by RhinoCapital
about 18 days ago by rg_trader
about 19 days ago by DynamicDividend
May 09, 11:34AM Marketwire
May 07, 10:23AM Marketwire
about 31 days ago by hertcapital
about 33 days ago by MarketBrief
about 37 days ago by chessNwine
about 37 days ago by Fibline
Apr 26, 10:23AM Street Insider
Apr 25, 5:40PM Seeking Alpha
about 39 days ago by earningscast
Apr 25, 6:34AM Street Insider
Apr 23, 11:09AM Marketwire
Apr 19, 10:00AM Marketwire
about 45 days ago by StockTwits
about 45 days ago by STNet
about 45 days ago by harmongreg
Apr 16, 9:37AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WYN | 47.35 | -2.45 | -4.92% | 6.931B |
| XIN | 2.68 | -0.19 | -6.62% | 206.17M |
| XIDE | 2.29 | -0.03 | -1.29% | 178.89M |
| XHE | 52.27 | -1.10 | -2.07% | |
| XG | 2.95 | +0.15 | +5.36% | 283.67M |
| XEL | 27.96 | -0.06 | -0.21% | 13.61B |
| XEC | 51.29 | -1.98 | -3.72% | 4.396B |
| XCO | 6.90 | -0.30 | -4.17% | 1.495B |
| XBKS | 4.15 | +0.00 | +0.00% | 43.37M |
| XBI | 78.30 | -2.14 | -2.66% |
