NeoVolta Inc (NEOV)
2.71
+0.06
(+2.26%)
USD |
NASDAQ |
May 10, 16:00
2.77
+0.06
(+2.21%)
After-Hours: 20:00
NeoVolta 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 |
---|---|
December 31, 2023 | -- |
September 30, 2023 | -- |
June 30, 2023 | -- |
March 31, 2023 | -- |
Date | Value |
---|---|
December 31, 2022 | -- |
September 30, 2022 | -- |
June 30, 2022 | -- |
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?"