Xinyuan Real Estate (XIN)
Xinyuan Real Estate Tangible Common Equity Ratio: 45.66%
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XIN Tangible Common Equity Ratio Rankings
| Overall | 40th percentile | 2606 of 4387 |
| Sector | 37th percentile | 199 of 317 in Industrial Goods |
| Industry | 29th percentile | 12 of 17 in Residential Construction |
XIN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 42.75% | Dec 2008 |
| Maximum | 50.68% | Dec 2009 |
| Average | 46.71% |
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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XIN News
about 17 days ago by WhackoTrader
about 18 days ago by WhackoTrader
May 09, 2:04PM Seeking Alpha
May 09, 7:04AM Street Insider
May 09, 6:00AM PR Newswire
about 27 days ago by CitisinX
May 04, 8:30AM PR Newswire
about 32 days ago by TheEquitiesRoom
about 35 days ago by howardlindzon
about 37 days ago by innocuoususername
about 37 days ago by innocuoususername
Apr 18, 4:01PM PR Newswire
about 46 days ago by DynamicDividend
about 46 days ago by CitisinX
Apr 18, 8:58AM Street Insider
about 51 days ago by TradeBot
Apr 03, 1:01PM The Wall Street Journal
Mar 07, 8:30AM PR Newswire
Feb 23, 1:53PM Seeking Alpha
Feb 23, 5:00AM PR Newswire
Dec 27, 8:31AM Street Insider
Dec 06, 8:30AM PR Newswire
Dec 05, 8:30AM PR Newswire
Nov 10, 1:41PM Seeking Alpha
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| XATA | 0.81 | +0.05 | +6.56% | 8.651M |
| XAA | 15.60 | -0.12 | -0.73% | |
| X | 19.31 | -0.99 | -4.88% | 2.781B |
| WZE | 2.30 | -0.05 | -2.13% | 18.65M |
| WYY | 0.70 | +0.00 | +0.00% | 44.05M |
| WYNN | 97.38 | -5.66 | -5.49% | 9.791B |
| 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% |