Tanger Factory Financials

SKT Stock  USD 36.97  0.13  0.35%   
Based on the key measurements obtained from Tanger Factory's financial statements, Tanger Factory Outlet may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Tanger Factory's Net Receivables is comparatively stable compared to the past year. Long Term Investments is likely to gain to about 93.6 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 349.7 M in 2024. Key indicators impacting Tanger Factory's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.382.5622
Significantly Down
Slightly volatile
Operating Income262.7 M250.2 M
Sufficiently Up
Slightly volatile
Current Ratio0.160.1697
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Tanger Factory includes many different criteria found on its balance sheet. An individual investor should monitor Tanger Factory's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tanger Factory.

Cash And Equivalents

256.14 Million

  
Understanding current and past Tanger Factory Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tanger Factory's financial statements are interrelated, with each one affecting the others. For example, an increase in Tanger Factory's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tanger Factory's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tanger Factory Outlet. Check Tanger Factory's Beneish M Score to see the likelihood of Tanger Factory's management manipulating its earnings.

Tanger Factory Stock Summary

Tanger Factory competes with Federal Realty, National Retail, and Kimco Realty. is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission that includes a supplemental information package for the quarter ended September 30, 2020. Tanger Factory operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 310 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8754651060
CUSIP875465106 875465205
LocationNorth Carolina; U.S.A
Business Address3200 Northline Avenue,
SectorRetail REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.tangeroutlets.com
Phone336 292 3010
CurrencyUSD - US Dollar

Tanger Factory Key Financial Ratios

Tanger Factory Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.2B2.2B2.2B2.3B1.4B
Net Debt1.6B1.6B1.3B1.3B1.5B972.3M
Retained Earnings(317.3M)(420.1M)(483.4M)(485.6M)(490.2M)(465.7M)
Other Assets96.7M2.0K1.8B58.6M97.3M179.0M
Total Liab1.8B1.8B1.7B1.7B1.7B1.0B
Cash16.7M84.8M161.3M212.1M12.8M25.3M
Total Current Assets120.3M190.1M265.8M264.6M22.0M20.9M
Common Stock929K936K1.0M1.0M1.1M627.2K
Short Term Debt1.2B1.2B1.1B1.1B13M12.4M
Accounts Payable79.6M88.3M93.0M104.7M118.5M65.1M
Long Term Debt1.6B1.6B1.4B1.4B1.4B1.1B
Other Current Assets(78.3M)(150.6M)(214.6M)(324.3M)(22.0M)(20.9M)
Other Liab87.1M84.4M78.7M83.0M95.4M59.4M
Intangible Assets11.3M(3.9M)(16.5M)(30.5M)91.3M95.8M
Net Tangible Assets100M(90.1M)404.2M433.1M389.8M237.6M
Net Receivables61.6M65.8M53.3M59.7M48.9M57.3M
Long Term Debt Total1.6B1.6B1.4B1.4B1.3B1.3B

Tanger Factory Key Income Statement Accounts

The reason investors look at the income statement is to determine what Tanger Factory's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense61.7M63.1M52.9M47.0M47.9M33.9M
Total Revenue478.3M390.0M426.5M442.6M464.4M289.5M
Gross Profit320.6M252.9M285.8M298.7M318.9M208.6M
Operating Income148.6M90.0M117.3M129.9M250.2M262.7M
Ebit148.6M(94.8M)117.3M(85.6M)133.8M87.6M
Ebitda271.9M207.2M227.3M241.8M242.7M176.3M
Income Before Tax92.7M(38.0M)9.6M85.8M103.9M65.7M
Net Income21.1M(101.5M)(51.1M)38.0M99.2M104.1M
Income Tax Expense71.6M63.5M60.6M47.8M5.9M5.6M
Cost Of Revenue157.7M137.1M140.7M143.9M145.5M123.5M
Minority Interest22.9M17.5M(440K)(3.8M)(4.7M)(4.5M)
Interest Income61.7M63.1M52.9M47.0M54.0M61.0M
Net Interest Income(61.7M)(63.1M)(52.9M)(47.0M)(47.9M)(50.3M)

Tanger Factory Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash7.6M68.2M76.4M50.9M(199.3M)(189.4M)
Free Cash Flow220.5M164.7M217.7M214.0M229.6M241.1M
Depreciation123.3M117.1M110.0M111.9M108.9M74.5M
Other Non Cash Items801K10.2M10.4M1.5M7.4M6.6M
Dividends Paid132.7M66.6M72.4M84.2M103.8M65.7M
Capital Expenditures47.9M30.4M3.2M84.8M3.1M2.9M
Net Income92.7M(38.0M)9.6M85.8M103.9M109.1M
End Period Cash Flow16.7M84.8M161.3M212.1M12.8M12.1M
Investments99.3M(18.8M)12.6M(98.8M)(154.6M)(146.9M)
Net Borrowings(148.5M)(3.6M)(172.8M)32.1M28.9M30.3M

Tanger Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tanger Factory's current stock value. Our valuation model uses many indicators to compare Tanger Factory value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tanger Factory competition to find correlations between indicators driving Tanger Factory's intrinsic value. More Info.
Tanger Factory Outlet is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.24  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tanger Factory Outlet is roughly  4.17 . At this time, Tanger Factory's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tanger Factory by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tanger Factory Outlet Systematic Risk

Tanger Factory's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tanger Factory volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Tanger Factory Outlet correlated with the market. If Beta is less than 0 Tanger Factory generally moves in the opposite direction as compared to the market. If Tanger Factory Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tanger Factory Outlet is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tanger Factory is generally in the same direction as the market. If Beta > 1 Tanger Factory moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Tanger Factory Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tanger Factory's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tanger Factory growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.26

At this time, Tanger Factory's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Tanger Factory December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tanger Factory help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tanger Factory Outlet. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tanger Factory Outlet based on widely used predictive technical indicators. In general, we focus on analyzing Tanger Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tanger Factory's daily price indicators and compare them against related drivers.

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.