DENTSPLY International (XRAY)
DENTSPLY International Tangible Common Equity Ratio: -55.64%
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XRAY Tangible Common Equity Ratio Rankings
| Overall | 95th percentile | 187 of 4387 |
| Sector | 92nd percentile | 38 of 506 in Healthcare |
| Industry | 93rd percentile | 4 of 65 in Medical Instruments & Supplies |
XRAY Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -62.01% | Sep 2011 |
| Maximum | 32.02% | Mar 2010 |
| Average | 12.41% |
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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XRAY News
May 23, 4:50PM Thomson Reuters ONE
May 15, 10:28PM Thomson Reuters ONE
May 04, 5:24PM Thomson Reuters ONE
May 01, 4:24PM Seeking Alpha
about 32 days ago by earningscast
about 46 days ago by Attitrade
about 53 days ago by MarketBrief
about 54 days ago by MarketBrief
about 55 days ago by MarketBrief
about 57 days ago by MarketBrief
about 58 days ago by MarketBrief
Apr 02, 2:08PM Thomson Reuters ONE
Mar 01, 2:23PM Thomson Reuters ONE
about 107 days ago by 1973Hog
about 107 days ago by earningscast
about 108 days ago by StockTiger
about 109 days ago by StockTiger
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| XRAY | 36.26 | -0.74 | -2.00% | 5.150B |
| XRA | 2.04 | +0.22 | +12.09% | 179.23M |
| WF | 27.54 | -0.51 | -1.83% | 7.398B |
| WEYS | 22.67 | -0.69 | -2.95% | 247.78M |
| WEX | 0.552 | +0.00 | +0.00% | 2.042M |
| WETF | 6.56 | -0.12 | -1.80% | 795.60M |
| WESTD | 0.1849 | -0.02 | -9.76% | |
| WEST | 0.1849 | -0.02 | -9.76% | 3.108M |
| WES | 42.46 | -1.63 | -3.70% | 3.854B |
| WERN | 23.38 | -0.96 | -3.94% | 1.703B |
