Tanger Effective Tax Rate from 2010 to 2024

SKT Stock  USD 36.96  0.01  0.03%   
Tanger Factory Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. From the period from 2010 to 2024, Tanger Factory Effective Tax Rate quarterly data regression had mean square error of  2.80 and mean deviation of  0.73. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.5
Current Value
0.77
Quarterly Volatility
1.61971595
 
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 Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Tanger Factory Outlet over the last few years. Effective Tax Rate is the average rate at which Tanger Factory Outlet pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Tanger Factory total tax expenses by Tanger Factory earnings before taxes. It is Tanger Factory's Effective Tax Rate 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.
Effective Tax Rate10 Years Trend
Very volatile
   Effective Tax Rate   
       Timeline  

Tanger Effective Tax Rate Regression Statistics

Arithmetic Mean1.02
Coefficient Of Variation159.11
Mean Deviation0.73
Median0.87
Standard Deviation1.62
Sample Variance2.62
Range8.0112
R-Value0.09
Mean Square Error2.80
R-Squared0.01
Significance0.75
Slope0.03
Total Sum of Squares36.73

Tanger Effective Tax Rate History

2023 0.5
2022 0.56
2021 6.34
2020 -1.67
2019 0.77
2018 1.13
2017 1.02

About Tanger Factory Financial Statements

Tanger Factory shareholders use historical fundamental indicators, such as Effective Tax Rate, 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
Effective Tax Rate 0.50  0.77 

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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.