Tanger Non Current Liabilities Total vs Long Term Debt Analysis

SKT Stock

USD 27.74 0.15 0.54%

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 Non Current Liabilities Total and its Long Term Debt 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.

Non Current Liabilities Total vs Long Term Debt

Non Current Liabilities Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tanger Factory Outlet Non Current Liabilities Total account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tanger Factory's Non Current Liabilities Total and Long Term Debt is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Long Term Debt 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 Non Current Liabilities Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Tanger Factory Outlet are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Tanger Factory's Non Current Liabilities Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Current Liabilities Total

Long Term Debt

Long-term debt is a debt that Tanger Factory Outlet has held for over one year. Long-term debt appears on Tanger Factory Outlet balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tanger Factory Outlet balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

Gross Profit Total Revenue

Tanger Factory fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Total Current Assets	Common Stock	Short Term Debt	Accounts Payable	Long Term Debt	Inventory	Short Term Investments
Total Assets		0.99	0.83	-0.2	0.98	-0.35	0.74	0.04	0.92	0.97	0.85	0.99	-0.2	-0.55	0.44	0.18	0.99	0.17	0.92	0.51	0.91	0.21	0.8	0.98	-0.04	0.1
Short Long Term Debt Total	0.99		0.75	-0.24	0.99	-0.38	0.77	0.03	0.89	0.98	0.81	1.0	-0.24	-0.61	0.42	0.2	0.97	0.19	0.89	0.53	0.89	0.29	0.8	0.99	-0.04	0.07
Total Stockholder Equity	0.83	0.75		-0.05	0.77	-0.08	0.54	0.05	0.8	0.69	0.75	0.74	-0.05	-0.2	0.5	-0.03	0.85	-0.01	0.83	0.26	0.81	-0.18	0.58	0.75	0.02	0.15
Property Plant And Equipment Net	-0.2	-0.24	-0.05		-0.22	0.1	-0.4	-0.04	-0.1	-0.22	-0.1	-0.25	1.0	0.26	-0.32	-0.16	-0.17	-0.15	-0.02	-0.35	-0.05	0.06	-0.31	-0.27	-0.03	-0.13
Net Debt	0.98	0.99	0.77	-0.22		-0.3	0.75	-0.03	0.86	0.96	0.77	0.98	-0.22	-0.56	0.47	0.06	0.98	0.05	0.88	0.43	0.86	0.19	0.75	0.99	0.01	0.04
Retained Earnings	-0.35	-0.38	-0.08	0.1	-0.3		0.05	-0.23	-0.58	-0.45	-0.65	-0.4	0.1	0.15	0.16	-0.6	-0.31	-0.6	-0.44	-0.36	-0.54	-0.47	-0.6	-0.3	0.23	0.02
Non Currrent Assets Other	0.74	0.77	0.54	-0.4	0.75	0.05		0.12	0.58	0.72	0.45	0.76	-0.4	-0.7	0.44	0.23	0.68	0.21	0.59	0.68	0.58	0.3	0.41	0.78	0.04	0.08
Other Assets	0.04	0.03	0.05	-0.04	-0.03	-0.23	0.12		0.14	0.07	0.23	0.04	-0.04	-0.16	-0.14	0.45	-0.03	0.36	0.07	0.45	0.15	0.31	0.11	-0.01	-0.03	-0.06
Common Stock Shares Outstanding	0.92	0.89	0.8	-0.1	0.86	-0.58	0.58	0.14		0.88	0.97	0.89	-0.1	-0.36	0.32	0.33	0.89	0.33	0.97	0.52	1.0	0.28	0.77	0.84	-0.07	0.08
Non Current Liabilities Total	0.97	0.98	0.69	-0.22	0.96	-0.45	0.72	0.07	0.88		0.84	0.99	-0.22	-0.65	0.26	0.29	0.95	0.28	0.87	0.55	0.88	0.39	0.82	0.96	-0.09	0.02
Other Stockholder Equity	0.85	0.81	0.75	-0.1	0.77	-0.65	0.45	0.23	0.97	0.84		0.83	-0.1	-0.32	0.21	0.43	0.82	0.43	0.92	0.52	0.96	0.3	0.84	0.74	-0.12	0.09
Total Liab	0.99	1.0	0.74	-0.25	0.98	-0.4	0.76	0.04	0.89	0.99	0.83		-0.25	-0.61	0.41	0.23	0.97	0.22	0.89	0.55	0.89	0.31	0.82	0.98	-0.05	0.08
Property Plant And Equipment Gross	-0.2	-0.24	-0.05	1.0	-0.22	0.1	-0.4	-0.04	-0.1	-0.22	-0.1	-0.25		0.26	-0.32	-0.16	-0.17	-0.15	-0.02	-0.35	-0.05	0.06	-0.31	-0.27	-0.03	-0.13
Other Current Liab	-0.55	-0.61	-0.2	0.26	-0.56	0.15	-0.7	-0.16	-0.36	-0.65	-0.32	-0.61	0.26		-0.04	-0.43	-0.51	-0.41	-0.31	-0.51	-0.34	-0.59	-0.45	-0.62	0.33	0.19
Total Current Liabilities	0.44	0.42	0.5	-0.32	0.47	0.16	0.44	-0.14	0.32	0.26	0.21	0.41	-0.32	-0.04		-0.26	0.45	-0.25	0.36	0.16	0.32	-0.39	0.31	0.49	0.15	0.37
Cash	0.18	0.2	-0.03	-0.16	0.06	-0.6	0.23	0.45	0.33	0.29	0.43	0.23	-0.16	-0.43	-0.26		0.06	0.99	0.16	0.77	0.3	0.7	0.44	0.13	-0.34	0.21
Non Current Assets Total	0.99	0.97	0.85	-0.17	0.98	-0.31	0.68	-0.03	0.89	0.95	0.82	0.97	-0.17	-0.51	0.45	0.06		0.06	0.9	0.38	0.88	0.12	0.78	0.97	-0.03	0.04
Cash And Short Term Investments	0.17	0.19	-0.01	-0.15	0.05	-0.6	0.21	0.36	0.33	0.28	0.43	0.22	-0.15	-0.41	-0.25	0.99	0.06		0.16	0.74	0.29	0.67	0.45	0.13	-0.36	0.24
Common Stock Total Equity	0.92	0.89	0.83	-0.02	0.88	-0.44	0.59	0.07	0.97	0.87	0.92	0.89	-0.02	-0.31	0.36	0.16	0.9	0.16		0.43	0.99	0.21	0.7	0.84	0.02	0.04
Total Current Assets	0.51	0.53	0.26	-0.35	0.43	-0.36	0.68	0.45	0.52	0.55	0.52	0.55	-0.35	-0.51	0.16	0.77	0.38	0.74	0.43		0.51	0.63	0.56	0.49	-0.1	0.45
Common Stock	0.91	0.89	0.81	-0.05	0.86	-0.54	0.58	0.15	1.0	0.88	0.96	0.89	-0.05	-0.34	0.32	0.3	0.88	0.29	0.99	0.51		0.28	0.75	0.83	-0.04	0.06
Short Term Debt	0.21	0.29	-0.18	0.06	0.19	-0.47	0.3	0.31	0.28	0.39	0.3	0.31	0.06	-0.59	-0.39	0.7	0.12	0.67	0.21	0.63	0.28		0.31	0.21	-0.31	0.0
Accounts Payable	0.8	0.8	0.58	-0.31	0.75	-0.6	0.41	0.11	0.77	0.82	0.84	0.82	-0.31	-0.45	0.31	0.44	0.78	0.45	0.7	0.56	0.75	0.31		0.77	-0.23	0.33
Long Term Debt	0.98	0.99	0.75	-0.27	0.99	-0.3	0.78	-0.01	0.84	0.96	0.74	0.98	-0.27	-0.62	0.49	0.13	0.97	0.13	0.84	0.49	0.83	0.21	0.77		-0.03	0.08
Inventory	-0.04	-0.04	0.02	-0.03	0.01	0.23	0.04	-0.03	-0.07	-0.09	-0.12	-0.05	-0.03	0.33	0.15	-0.34	-0.03	-0.36	0.02	-0.1	-0.04	-0.31	-0.23	-0.03		-0.19
Short Term Investments	0.1	0.07	0.15	-0.13	0.04	0.02	0.08	-0.06	0.08	0.02	0.09	0.08	-0.13	0.19	0.37	0.21	0.04	0.24	0.04	0.45	0.06	0.0	0.33	0.08	-0.19

Click cells to compare fundamentals

Tanger Factory Account Relationship Matchups

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

Pair Trading with Tanger Factory

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tanger Factory position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tanger Factory will appreciate offsetting losses from the drop in the long position's value.

Moving against Tanger Stock

0.45

ELME

Elme Communities

Pair Corr

The ability to find closely correlated positions to Tanger Factory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tanger Factory when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tanger Factory - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tanger Factory Outlet to buy it.

The correlation of Tanger Factory is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tanger Factory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tanger Factory Outlet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tanger Factory can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Tanger Factory Outlet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tanger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tanger Factory Outlet Stock. Highlighted below are key reports to facilitate an investment decision about Tanger Factory Outlet Stock:

How To Invest In Tanger

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Is Tanger Stock a good investment?

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What is Tanger Factory's Net Worth?

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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary 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.

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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.

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Tanger Non Current Liabilities Total vs Long Term Debt Analysis

Non Current Liabilities Total vs Long Term Debt

Non Current Liabilities Total vs Long Term Debt Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Long Term Debt

Tanger Factory fundamental ratios Correlations

Tanger Factory Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tanger Factory fundamental ratios Accounts

Pair Trading with Tanger Factory

Moving against Tanger Stock

Complementary Tools for Tanger Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Short Long Term Debt Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Current Liab	- 0.7	Non Currrent Assets Other
Other Current Liab	- 0.65	Non Current Liabilities Total
Other Stockholder Equity	- 0.65	Retained Earnings
Long Term Debt	- 0.62	Other Current Liab
Other Current Liab	- 0.61	Total Liab
Other Current Liab	- 0.61	Short Long Term Debt Total