New Horizon Aircraft Ltd (HOVR)
1.04
+0.04
(+4.00%)
USD |
NASDAQ |
May 24, 16:00
1.00
-0.04
(-3.85%)
After-Hours: 20:00
New Horizon Aircraft 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 |
---|---|
February 29, 2024 | -- |
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?"