Tanger Short Term Investments vs Common Stock Analysis

0LD4 Stock   35.10  0.22  0.62%   
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 Short Term Investments and its Common Stock accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Investments vs Common Stock

Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tanger Factory Outlet Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tanger Factory's Short Term Investments and Common Stock is 0.17. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock 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 Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Tanger Factory Outlet are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Tanger Factory's Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Tanger Factory balance sheet. It contains any investments Tanger Factory Outlet undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tanger Factory Outlet can easily liquidate in the marketplace.

Common Stock

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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 55.7 M in 2025
 2022 2023 2024 2025 (projected)
Gross Profit186.8M347.6M312.9M181.8M
Total Revenue442.6M472.6M543.5M484.5M

Tanger Factory fundamental ratios Correlations

0.03-0.95-0.510.770.260.36-0.30.890.420.350.98-0.160.37-0.730.990.4-0.480.420.99-0.190.08-0.77-0.03-0.13-0.95
0.030.250.230.40.840.240.770.20.020.24-0.090.670.060.120.060.37-0.140.61-0.070.60.16-0.050.440.060.06
-0.950.250.56-0.570.03-0.30.57-0.77-0.41-0.29-0.970.42-0.340.77-0.93-0.280.44-0.21-0.980.36-0.030.790.180.170.94
-0.510.230.56-0.430.0-0.590.37-0.360.26-0.58-0.480.00.220.08-0.56-0.60.650.04-0.570.47-0.350.42-0.390.420.62
0.770.4-0.57-0.430.620.40.250.90.170.380.630.450.22-0.320.810.56-0.340.470.70.050.11-0.450.39-0.23-0.68
0.260.840.030.00.620.320.710.40.150.330.150.76-0.07-0.020.30.52-0.470.790.160.620.280.050.63-0.04-0.24
0.360.24-0.3-0.590.40.32-0.180.31-0.450.990.320.10.240.220.390.94-0.50.110.34-0.390.67-0.230.18-0.12-0.39
-0.30.770.570.370.250.71-0.18-0.02-0.01-0.18-0.450.9-0.230.31-0.260.040.090.44-0.40.75-0.060.40.610.050.37
0.890.2-0.77-0.360.90.40.31-0.020.430.30.810.120.44-0.610.90.45-0.280.440.840.010.02-0.630.07-0.09-0.83
0.420.02-0.410.260.170.15-0.45-0.010.43-0.420.48-0.20.02-0.830.36-0.3-0.140.590.380.55-0.26-0.38-0.220.18-0.47
0.350.24-0.29-0.580.380.330.99-0.180.3-0.420.320.10.20.220.380.94-0.520.140.33-0.360.76-0.230.18-0.1-0.39
0.98-0.09-0.97-0.480.630.150.32-0.450.810.480.32-0.330.33-0.780.960.32-0.490.410.98-0.220.09-0.78-0.15-0.08-0.95
-0.160.670.420.00.450.760.10.90.12-0.20.1-0.33-0.280.39-0.080.34-0.150.37-0.230.550.120.40.83-0.190.18
0.370.06-0.340.220.22-0.070.24-0.230.440.020.20.33-0.28-0.270.320.140.33-0.130.33-0.3-0.12-0.28-0.530.25-0.19
-0.730.120.770.08-0.32-0.020.220.31-0.61-0.830.22-0.780.39-0.27-0.680.160.3-0.41-0.74-0.170.320.630.23-0.030.74
0.990.06-0.93-0.560.810.30.39-0.260.90.360.380.96-0.080.32-0.680.44-0.510.410.98-0.190.09-0.740.06-0.2-0.95
0.40.37-0.28-0.60.560.520.940.040.45-0.30.940.320.340.140.160.44-0.580.30.36-0.150.67-0.210.37-0.15-0.45
-0.48-0.140.440.65-0.34-0.47-0.50.09-0.28-0.14-0.52-0.49-0.150.330.3-0.51-0.58-0.51-0.5-0.12-0.450.23-0.520.230.65
0.420.61-0.210.040.470.790.110.440.440.590.140.410.37-0.13-0.410.410.3-0.510.330.680.17-0.230.30.16-0.44
0.99-0.07-0.98-0.570.70.160.34-0.40.840.380.330.98-0.230.33-0.740.980.36-0.50.33-0.260.05-0.77-0.04-0.19-0.95
-0.190.60.360.470.050.62-0.390.750.010.55-0.36-0.220.55-0.3-0.17-0.19-0.15-0.120.68-0.26-0.120.240.390.180.12
0.080.16-0.03-0.350.110.280.67-0.060.02-0.260.760.090.12-0.120.320.090.67-0.450.170.05-0.12-0.010.140.06-0.15
-0.77-0.050.790.42-0.450.05-0.230.4-0.63-0.38-0.23-0.780.4-0.280.63-0.74-0.210.23-0.23-0.770.24-0.010.270.070.71
-0.030.440.18-0.390.390.630.180.610.07-0.220.18-0.150.83-0.530.230.060.37-0.520.3-0.040.390.140.27-0.46-0.06
-0.130.060.170.42-0.23-0.04-0.120.05-0.090.18-0.1-0.08-0.190.25-0.03-0.2-0.150.230.16-0.190.180.060.07-0.460.18
-0.950.060.940.62-0.68-0.24-0.390.37-0.83-0.47-0.39-0.950.18-0.190.74-0.95-0.450.65-0.44-0.950.12-0.150.71-0.060.18
Click cells to compare fundamentals

Tanger Factory Account Relationship Matchups

Tanger Factory fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2B2.2B2.2B2.3B2.7B1.8B
Total Current Liabilities88.4M93.0M104.7M129.4M148.8M103.5M
Total Stockholder Equity341.4M477.9M491.6M566.8M510.1M789.3M
Property Plant And Equipment Net81.5M79.8M78.6M2.0B1.8B1.0B
Net Debt1.6B1.3B1.3B1.5B1.7B1.1B
Accounts Payable88.3M93.0M104.7M118.5M136.3M92.6M
Cash84.8M161.3M212.1M12.8M14.7M14.0M
Non Current Assets Total2.0B1.9B1.9B2.2B2.5B2.3B
Non Currrent Assets Other(449.7M)(497.2M)(586.8M)2.1M2.4M2.5M
Other Assets(2.1B)(2.2B)(2.2B)2.3B2.1B2.2B
Cash And Short Term Investments84.8M161.3M264.6M15.5M17.8M16.9M
Common Stock Shares Outstanding92.6M102.0M105.6M106.5M122.5M80.2M
Non Current Liabilities Total1.7B1.6B1.6B1.6B1.8B1.8B
Other Current Assets38.0M44M45.9M54.9M49.4M47.4M
Other Stockholder Equity1.2B1.5B1.9B98.6M113.4M107.7M
Total Liab1.8B1.7B1.7B1.7B2.0B1.3B
Total Current Assets188.6M261.0M323.3M119.3M137.2M168.7M
Intangible Assets85.0M73.7M58.6M91.3M82.1M89.6M
Common Stock936K1.0M1.0M1.1M1.3M1.1M
Short Long Term Debt Total1.7B1.5B1.5B1.5B1.8B1.3B
Other Current Liab(57.1M)(4.4M)(4.8M)3.2B3.6B3.8B
Liabilities And Stockholders Equity2.2B2.2B2.2B2.3B2.7B2.3B
Accumulated Other Comprehensive Income(23.4M)(19.7M)(24.5M)(23.1M)(26.5M)(25.2M)
Short Term Debt57.2M4.4M4.8M10.9M9.8M9.3M
Net Receivables65.8M53.3M51.1M48.9M56.2M56.3M
Inventory(2.2B)(2.5M)(14.1M)(2.7M)(2.4M)(2.6M)
Retained Earnings(420.1M)(483.4M)(485.6M)(490.2M)(441.2M)(419.1M)
Current Deferred Revenue(57.2M)(3.1B)(4.8M)(3.2B)(3.6B)(3.8B)
Property Plant Equipment2.0B1.8B1.7B1.7B1.5B1.6B
Other Liab87.1M81.0M78.2M83.0M95.4M89.2M
Net Tangible Assets336.5M256.4M404.2M433.1M389.8M299.1M

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