Young Innovations (YDNT)
Young Innovations Tangible Common Equity Ratio: 58.44%
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YDNT Tangible Common Equity Ratio Rankings
| Overall | 28th percentile | 3126 of 4388 |
| Sector | 45th percentile | 277 of 506 in Healthcare |
| Industry | 49th percentile | 33 of 65 in Medical Instruments & Supplies |
YDNT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 15.24% | Sep 2007 |
| Maximum | 62.17% | Sep 2011 |
| Average | 39.85% |
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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YDNT News
about 4 days ago by abubnic
May 25, 12:32PM Fox Business
May 09, 5:20PM Street Insider
about 38 days ago by RecogniaEvents
Apr 23, 5:49PM PR Newswire
about 57 days ago by MarketBrief
Feb 06, 5:27PM Street Insider
Feb 06, 5:27PM PR Newswire
Oct 19, 6:06PM Street Insider
Oct 19, 6:02PM Street Insider
Oct 19, 6:01PM PR Newswire
about 572 days ago by OptionRadar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| YDNT | 34.36 | -0.35 | -1.01% | 274.56M |
| YCS | 41.74 | -0.19 | -0.45% | |
| YAVY | 2.83 | +0.11 | +4.04% | 55.27M |
| YAO | 21.73 | +0.06 | +0.28% | |
| Y | 325.54 | -3.46 | -1.05% | 2.813B |
| UNT | 38.60 | -1.19 | -2.99% | 1.935B |
| UNS | 37.28 | -0.21 | -0.56% | 1.423B |
| UNP | 108.35 | -3.05 | -2.74% | 53.33B |
| UNM | 19.29 | -0.66 | -3.31% | 5.798B |
| UNL | 16.05 | -0.26 | -1.59% |
