Tanger Total Current Liabilities vs Common Stock Analysis

0LD4 Stock   37.53  0.13  0.35%   
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 Total Current Liabilities 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities 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 Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tanger Factory's Total Current Liabilities and Common Stock is 0.48. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., Tanger Factory's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Tanger Factory balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tanger Factory Outlet are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 2024
 2021 2022 2023 2024 (projected)
Gross Profit179.6M186.8M347.6M181.8M
Total Revenue430.4M442.6M472.6M484.5M

Tanger Factory fundamental ratios Correlations

-0.11-0.96-0.560.750.120.42-0.50.890.330.410.97-0.270.41-0.70.990.43-0.440.310.99-0.420.1-0.77-0.1-0.16-0.95
-0.110.340.210.30.790.330.720.12-0.190.32-0.250.630.110.3-0.080.43-0.040.48-0.20.50.21-0.010.390.030.16
-0.960.340.57-0.570.12-0.320.69-0.77-0.39-0.31-0.990.48-0.350.77-0.94-0.280.43-0.19-0.980.52-0.040.780.220.180.94
-0.560.210.57-0.47-0.06-0.610.4-0.320.38-0.6-0.540.020.20.02-0.61-0.550.640.01-0.610.65-0.360.39-0.350.430.57
0.750.3-0.57-0.470.560.460.130.890.050.440.60.390.26-0.250.80.6-0.290.390.68-0.130.14-0.450.35-0.26-0.67
0.120.790.12-0.060.560.480.640.33-0.10.48-0.020.75-0.030.20.170.64-0.410.680.030.490.380.130.63-0.09-0.16
0.420.33-0.32-0.610.460.48-0.140.36-0.440.990.380.150.240.190.450.94-0.550.360.39-0.390.67-0.250.21-0.12-0.42
-0.50.720.690.40.130.64-0.14-0.14-0.22-0.14-0.660.89-0.220.52-0.440.060.220.19-0.570.7-0.040.50.590.030.51
0.890.12-0.77-0.320.890.330.36-0.140.380.330.80.050.47-0.590.890.47-0.240.430.83-0.150.03-0.630.02-0.11-0.82
0.33-0.19-0.390.380.05-0.1-0.44-0.220.38-0.410.41-0.360.05-0.80.28-0.31-0.050.470.310.43-0.26-0.37-0.340.17-0.44
0.410.32-0.31-0.60.440.480.99-0.140.33-0.410.370.140.190.20.430.94-0.570.380.37-0.360.76-0.240.21-0.09-0.41
0.97-0.25-0.99-0.540.6-0.020.38-0.660.80.410.37-0.450.37-0.760.950.35-0.450.30.98-0.460.11-0.79-0.23-0.1-0.95
-0.270.630.480.020.390.750.150.890.05-0.360.14-0.45-0.270.53-0.180.37-0.080.23-0.330.490.140.450.82-0.220.25
0.410.11-0.350.20.26-0.030.24-0.220.470.050.190.37-0.27-0.310.360.140.32-0.110.36-0.32-0.13-0.29-0.530.25-0.2
-0.70.30.770.02-0.250.20.190.52-0.59-0.80.2-0.760.53-0.31-0.650.160.24-0.27-0.720.010.320.640.32-0.010.74
0.99-0.08-0.94-0.610.80.170.45-0.440.890.280.430.95-0.180.36-0.650.47-0.470.310.98-0.410.11-0.750.0-0.23-0.94
0.430.43-0.28-0.550.60.640.940.060.47-0.310.940.350.370.140.160.47-0.60.520.38-0.170.67-0.210.39-0.14-0.46
-0.44-0.040.430.64-0.29-0.41-0.550.22-0.24-0.05-0.57-0.45-0.080.320.24-0.47-0.6-0.54-0.470.02-0.470.21-0.50.250.63
0.310.48-0.190.010.390.680.360.190.430.470.380.30.23-0.11-0.270.310.52-0.540.230.540.35-0.250.220.19-0.48
0.99-0.2-0.98-0.610.680.030.39-0.570.830.310.370.98-0.330.36-0.720.980.38-0.470.23-0.480.07-0.78-0.09-0.22-0.95
-0.420.50.520.65-0.130.49-0.390.7-0.150.43-0.36-0.460.49-0.320.01-0.41-0.170.020.54-0.48-0.110.360.330.170.27
0.10.21-0.04-0.360.140.380.67-0.040.03-0.260.760.110.14-0.130.320.110.67-0.470.350.07-0.11-0.010.150.06-0.16
-0.77-0.010.780.39-0.450.13-0.250.5-0.63-0.37-0.24-0.790.45-0.290.64-0.75-0.210.21-0.25-0.780.36-0.010.30.070.71
-0.10.390.22-0.350.350.630.210.590.02-0.340.21-0.230.82-0.530.320.00.39-0.50.22-0.090.330.150.3-0.49-0.02
-0.160.030.180.43-0.26-0.09-0.120.03-0.110.17-0.09-0.1-0.220.25-0.01-0.23-0.140.250.19-0.220.170.060.07-0.490.19
-0.950.160.940.57-0.67-0.16-0.420.51-0.82-0.44-0.41-0.950.25-0.20.74-0.94-0.460.63-0.48-0.950.27-0.160.71-0.020.19
Click cells to compare fundamentals

Tanger Factory Account Relationship Matchups

Tanger Factory fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.2B2.2B2.2B2.3B1.8B
Total Current Liabilities79.6M88.4M93.0M104.7M129.4M103.5M
Total Stockholder Equity433.2M341.4M477.9M491.6M566.8M789.3M
Property Plant And Equipment Net86.6M81.5M79.8M78.6M2.0B2.1B
Net Debt1.7B1.6B1.3B1.3B1.5B1.1B
Accounts Payable79.6M88.3M93.0M104.7M118.5M92.6M
Cash16.7M84.8M161.3M212.1M12.8M12.1M
Non Current Assets Total2.2B2.0B1.9B1.9B2.2B2.3B
Non Currrent Assets Other(396.3M)(449.7M)(497.2M)(586.8M)2.1M2.2M
Other Assets(2.3B)(2.1B)(2.2B)(2.2B)2.3B2.4B
Cash And Short Term Investments16.7M84.8M161.3M264.6M15.5M14.7M
Common Stock Shares Outstanding92.8M92.6M102.0M105.6M106.5M80.2M
Non Current Liabilities Total1.7B1.7B1.6B1.6B1.6B1.8B
Other Current Assets39M38.0M44M45.9M54.9M47.4M
Other Stockholder Equity1.1B1.2B1.5B1.9B98.6M93.7M
Total Liab1.8B1.8B1.7B1.7B1.7B1.3B
Total Current Assets118.3M188.6M261.0M323.3M119.3M168.7M
Intangible Assets96.7M85.0M73.7M58.6M91.3M89.6M
Common Stock929K936K1.0M1.0M1.1M1.1M
Short Long Term Debt Total1.7B1.7B1.5B1.5B1.5B1.3B
Other Current Liab(3.6M)(57.1M)(4.4M)(4.8M)3.2B3.3B
Short Term Investments5.8M1.0M2.5M52.5M2.7M2.6M
Liabilities And Stockholders Equity2.3B2.2B2.2B2.2B2.3B2.3B
Accumulated Other Comprehensive Income(25.1M)(23.4M)(19.7M)(24.5M)(23.1M)(21.9M)
Short Term Debt3.6M57.2M4.4M4.8M10.9M10.4M
Net Receivables61.6M65.8M53.3M51.1M48.9M56.3M
Inventory(1.0M)(2.2B)(2.5M)(14.1M)(2.7M)(2.8M)
Retained Earnings(317.3M)(420.1M)(483.4M)(485.6M)(490.2M)(465.7M)
Current Deferred Revenue(3.4B)(57.2M)(3.1B)(4.8M)(3.2B)(3.3B)
Long Term Debt1.8B1.7B1.6B1.6B1.4B1.3B
Capital Surpluse784.8M778.8M775.0M787.1M708.4M631.4M
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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