Tango Debt Equity Ratio from 2010 to 2024

TNGX Stock  USD 3.10  0.21  6.34%   
Tango Therapeutics Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio will likely drop to 0 in 2024. During the period from 2010 to 2024, Tango Therapeutics Debt Equity Ratio regression line of annual values had r-squared of  0.27 and arithmetic mean of  0. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.006385
Current Value
0.004582
Quarterly Volatility
0.00084418
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Tango Therapeutics Correlation against competitors.
For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.

Latest Tango Therapeutics' Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Tango Therapeutics over the last few years. It is Tango Therapeutics' Debt Equity Ratio 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.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Tango Debt Equity Ratio Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation17.99
Mean Deviation0.0005
Median0
Standard Deviation0.0008
Sample Variance0.00000071
Range0.0027
R-Value0.52
Mean Square Error0.00000056
R-Squared0.27
Significance0.05
Slope0.000098
Total Sum of Squares0.00000998

Tango Debt Equity Ratio History

2024 0.004582
2023 0.006385
2022 0.007095

About Tango Therapeutics Financial Statements

Tango Therapeutics investors use historical fundamental indicators, such as Tango Therapeutics' Debt Equity Ratio, 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 ReportedProjected for Next Year

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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.