Applied Digital Corp (APLD)
7.31
+0.45
(+6.56%)
USD |
NASDAQ |
Nov 15, 12:33
Applied Digital Tangible Common Equity Ratio (Quarterly)
Tangible Common Equity Ratio (Quarterly) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Tangible Common Equity Ratio (Quarterly) Data
| Date | Value |
|---|---|
| August 31, 2024 | -- |
| May 31, 2024 | -- |
| February 29, 2024 | -- |
| November 30, 2023 | -- |
| August 31, 2023 | -- |
| May 31, 2023 | -- |
| February 28, 2023 | -- |
| Date | Value |
|---|---|
| November 30, 2022 | -- |
| August 31, 2022 | -- |
| May 31, 2022 | -- |
| February 28, 2022 | -- |
| November 30, 2021 | -- |
| August 31, 2021 | -- |
| May 31, 2021 | -- |
Tangible Common Equity Ratio Definition
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?"