Tanger Quick Ratio from 2010 to 2024

SKT Stock  USD 36.96  0.01  0.03%   
Tanger Factory Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.16 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.16974498
Current Value
0.16
Quarterly Volatility
0.94213765
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tanger Factory financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tanger Factory's main balance sheet or income statement drivers, such as Depreciation And Amortization of 88.7 M, Interest Expense of 33.9 M or Selling General Administrative of 79.9 M, as well as many indicators such as Price To Sales Ratio of 3.62, Dividend Yield of 0.0688 or PTB Ratio of 2.9. Tanger financial statements analysis is a perfect complement when working with Tanger Factory Valuation or Volatility modules.
  
Check out the analysis of Tanger Factory Correlation against competitors.

Latest Tanger Factory's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Tanger Factory Outlet over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Tanger Factory's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tanger Factory's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Tanger Quick Ratio Regression Statistics

Arithmetic Mean0.96
Geometric Mean0.56
Coefficient Of Variation98.41
Mean Deviation0.76
Median0.50
Standard Deviation0.94
Sample Variance0.89
Range2.8259
R-Value0.42
Mean Square Error0.78
R-Squared0.18
Significance0.12
Slope0.09
Total Sum of Squares12.43

Tanger Quick Ratio History

2024 0.16
2023 0.17
2022 2.66
2021 2.89
2020 2.15
2019 1.52
2018 0.5

About Tanger Factory Financial Statements

Tanger Factory shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Tanger Factory investors may analyze each financial statement separately, they are all interrelated. The changes in Tanger Factory's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tanger Factory's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.17  0.16 

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Additional Tools for Tanger Stock Analysis

When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.