Tango Effective Tax Rate from 2010 to 2024
| TNGX Stock | USD 3.22 0.12 3.87% |
Effective Tax Rate | First Reported 2010-12-31 | Previous Quarter (0) | Current Value (0) | Quarterly Volatility 0.00211393 |
Check Tango Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tango Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 3.6 M or Selling General Administrative of 22.1 M, as well as many indicators such as Price To Sales Ratio of 19.37, Dividend Yield of 0.0 or PTB Ratio of 6.45. Tango financial statements analysis is a perfect complement when working with Tango Therapeutics Valuation or Volatility modules.
Tango | Effective Tax Rate |
Latest Tango Therapeutics' Effective Tax Rate Growth Pattern
Below is the plot of the Effective Tax Rate of Tango Therapeutics over the last few years. Effective Tax Rate is the average rate at which Tango Therapeutics pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Tango Therapeutics total tax expenses by Tango Therapeutics earnings before taxes. It is Tango Therapeutics' Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tango Therapeutics' overall financial position and show how it may be relating to other accounts over time.
| Effective Tax Rate | 10 Years Trend |
|
Effective Tax Rate |
| Timeline |
Tango Effective Tax Rate Regression Statistics
| Arithmetic Mean | 0.001 | |
| Geometric Mean | 0 | |
| Coefficient Of Variation | 216.95 | |
| Mean Deviation | 0 | |
| Median | 0 | |
| Standard Deviation | 0 | |
| Sample Variance | 0.00000447 | |
| Range | 0.0071 | |
| R-Value | (0.65) | |
| Mean Square Error | 0.00000278 | |
| R-Squared | 0.42 | |
| Significance | 0.01 | |
| Slope | (0.0003) | |
| Total Sum of Squares | 0.000063 |
Tango Effective Tax Rate History
About Tango Therapeutics Financial Statements
Tango Therapeutics investors use historical fundamental indicators, such as Tango Therapeutics' Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tango Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Tango Stock Analysis
When running Tango Therapeutics' price analysis, check to measure Tango Therapeutics' 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 Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.