Tango Therapeutics Stock EBITDA

TNGX Stock  USD 3.94  0.14  3.43%   
Tango Therapeutics fundamentals help investors to digest information that contributes to Tango Therapeutics' financial success or failures. It also enables traders to predict the movement of Tango Stock. The fundamental analysis module provides a way to measure Tango Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tango Therapeutics stock.
Last ReportedProjected for Next Year
EBITDA-111.8 M-106.2 M
EBITDA is likely to rise to about (106.2 M) in 2024.
  
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Tango Therapeutics Company EBITDA Analysis

Tango Therapeutics' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Tango Therapeutics EBITDA

    
  (111.76 M)  
Most of Tango Therapeutics' fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tango Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tango EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Tango Therapeutics is extremely important. It helps to project a fair market value of Tango Stock properly, considering its historical fundamentals such as EBITDA. Since Tango Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tango Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tango Therapeutics' interrelated accounts and indicators.
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Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Tango Ebitda

Ebitda

(106.17 Million)

Tango Therapeutics reported EBITDA of (111.76 Million) in 2023
According to the company disclosure, Tango Therapeutics reported earnings before interest,tax, depreciation and amortization of (111.76 Million). This is 112.74% lower than that of the Biotechnology sector and 211.58% lower than that of the Health Care industry. The ebitda for all United States stocks is 102.87% higher than that of the company.

Tango EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tango Therapeutics' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tango Therapeutics could also be used in its relative valuation, which is a method of valuing Tango Therapeutics by comparing valuation metrics of similar companies.
Tango Therapeutics is currently under evaluation in ebitda category among its peers.

Tango Therapeutics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tango Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tango Therapeutics' managers, analysts, and investors.
Environmental
Governance
Social

Tango Therapeutics Institutional Holders

Institutional Holdings refers to the ownership stake in Tango Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tango Therapeutics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tango Therapeutics' value.
Shares
Balyasny Asset Management Llc2024-09-30
2.7 M
State Street Corp2024-09-30
2.3 M
Adage Capital Partners Gp Llc2024-09-30
2.3 M
Deerfield Management Co2024-09-30
1.5 M
Geode Capital Management, Llc2024-09-30
1.4 M
Casdin Capital, Llc2024-09-30
1.2 M
Baker Bros Advisors Lp2024-09-30
750 K
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-09-30
708.4 K
Bessemer Group Inc2024-09-30
708.4 K
Trv Gp Iv, Llc2024-09-30
16.9 M
Ecor1 Capital, Llc2024-09-30
13.3 M

Tango Fundamentals

About Tango Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tango Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tango Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tango Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.