Tanger Interest Expense vs Non Operating Income Net Other Analysis
SKT Stock | USD 27.46 0.53 1.89% |
Tanger Factory financial indicator trend analysis is much more than just breaking down Tanger Factory Outlet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tanger Factory Outlet is a good investment. Please check the relationship between Tanger Factory Interest Expense and its Non Operating Income Net Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Interest Expense vs Non Operating Income Net Other
Interest Expense vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tanger Factory Outlet Interest Expense account and Non Operating Income Net Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tanger Factory's Interest Expense and Non Operating Income Net Other is 0.45. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Tanger Factory Outlet, assuming nothing else is changed. The correlation between historical values of Tanger Factory's Interest Expense and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Tanger Factory Outlet are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Interest Expense i.e., Tanger Factory's Interest Expense and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Non Operating Income Net Other
Most indicators from Tanger Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tanger Factory Outlet current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. At this time, Tanger Factory's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas Enterprise Value Multiple is likely to drop 10.29 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 285.8M | 298.7M | 210.0M | 204.8M | Total Revenue | 426.5M | 442.6M | 464.4M | 289.5M |
Tanger Factory fundamental ratios Correlations
Click cells to compare fundamentals
Tanger Factory Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tanger Factory fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.2B | 2.2B | 2.2B | 2.3B | 1.4B | |
Short Long Term Debt Total | 1.7B | 1.7B | 1.5B | 1.5B | 1.5B | 995.1M | |
Total Stockholder Equity | 433.2M | 341.4M | 477.9M | 491.6M | 566.8M | 349.7M | |
Net Debt | 1.6B | 1.6B | 1.3B | 1.3B | 1.5B | 972.3M | |
Retained Earnings | (317.3M) | (420.1M) | (483.4M) | (485.6M) | (490.2M) | (465.7M) | |
Non Currrent Assets Other | 2.0B | 1.8B | 1.7B | 1.8B | 108.6M | 103.2M | |
Other Assets | 96.7M | 2.0K | 1.8B | 58.6M | 67.4M | 64.0M | |
Common Stock Shares Outstanding | 92.8M | 92.6M | 102.0M | 105.6M | 106.5M | 72.2M | |
Liabilities And Stockholders Equity | 2.3B | 2.2B | 2.2B | 2.2B | 2.3B | 1.4B | |
Non Current Liabilities Total | 1.7B | 1.7B | 1.6B | 1.6B | 1.6B | 951.6M | |
Other Stockholder Equity | 775.0M | 787.1M | 978.1M | 987.2M | 1.1B | 572.8M | |
Total Liab | 1.8B | 1.8B | 1.7B | 1.7B | 1.7B | 1.0B | |
Total Current Liabilities | 79.6M | 88.3M | 93.0M | 104.7M | 131.5M | 138.4M | |
Cash | 16.7M | 84.8M | 161.3M | 212.1M | 12.8M | 25.3M | |
Non Current Assets Total | 2.2B | 2.0B | 1.9B | 2.0B | 2.3B | 1.5B | |
Cash And Short Term Investments | 16.7M | 84.8M | 161.3M | 264.6M | 22.0M | 28.1M | |
Common Stock Total Equity | 946K | 939K | 929K | 936K | 1.1M | 562.8K | |
Total Current Assets | 120.3M | 190.1M | 265.8M | 264.6M | 22.0M | 20.9M | |
Accumulated Other Comprehensive Income | (25.5M) | (26.6M) | (17.8M) | (11.0M) | (23.5M) | (24.7M) | |
Common Stock | 929K | 936K | 1.0M | 1.0M | 1.1M | 627.2K | |
Short Term Debt | 1.2B | 1.2B | 1.1B | 1.1B | 13M | 12.4M | |
Accounts Payable | 79.6M | 88.3M | 93.0M | 104.7M | 118.5M | 65.1M | |
Long Term Debt | 1.6B | 1.6B | 1.4B | 1.4B | 1.4B | 1.1B | |
Other Current Assets | (78.3M) | (150.6M) | (214.6M) | (324.3M) | (22.0M) | (20.9M) | |
Other Liab | 87.1M | 84.4M | 78.7M | 83.0M | 95.4M | 59.4M | |
Intangible Assets | 11.3M | (3.9M) | (16.5M) | (30.5M) | (7.7M) | (7.3M) | |
Property Plant Equipment | 100M | 1.8B | 1.7B | 1.7B | 2.0B | 1.3B | |
Net Tangible Assets | 100M | (90.1M) | 404.2M | 433.1M | 389.8M | 237.6M | |
Net Receivables | 61.6M | 65.8M | 53.3M | 59.7M | 48.9M | 57.3M | |
Long Term Investments | 94.7M | 94.6M | 82.6M | 73.8M | 71.9M | 93.6M | |
Long Term Debt Total | 1.6B | 1.6B | 1.4B | 1.4B | 1.3B | 1.3B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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.
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Is Tanger Factory's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tanger Factory. If investors know Tanger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tanger Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.04 | Earnings Share 0.9 | Revenue Per Share 4.611 | Quarterly Revenue Growth 0.135 |
The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanger Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.