Tango Free Cash Flow Per Share vs Price To Sales Ratio Analysis

TNGX Stock

USD 3.10 0.21 6.34%

Tango Therapeutics financial indicator trend analysis is much more than just breaking down Tango Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tango Therapeutics is a good investment. Please check the relationship between Tango Therapeutics Free Cash Flow Per Share and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tango Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.

Free Cash Flow Per Share vs Price To Sales Ratio

Free Cash Flow Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tango Therapeutics Free Cash Flow Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tango Therapeutics' Free Cash Flow Per Share and Price To Sales Ratio is 0.98. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Tango Therapeutics, assuming nothing else is changed. The correlation between historical values of Tango Therapeutics' Free Cash Flow Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Tango Therapeutics are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Tango Therapeutics' Free Cash Flow Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Tango Therapeutics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tango Therapeutics sales, a figure that is much harder to manipulate than other Tango Therapeutics multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Tango Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tango Therapeutics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tango Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.At this time, Tango Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 954.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 22.1 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	95.2M	135.9M	150.7M	98.9M
Cost Of Revenue	2.0M	4.0M	115.2M	121.0M

Total Operating Expenses Cost Of Revenue

Tango Therapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue
Total Assets		0.61	-0.84	0.92	0.98	0.92	0.94	0.64	-0.65	-0.85	0.96	0.89	0.63	-0.26	0.06	1.0	0.95	1.0	0.92	0.83	0.98	0.92	1.0	0.98	-0.84	-0.75
Short Long Term Debt Total	0.61		-0.32	0.77	0.57	0.61	0.61	1.0	0.16	-0.82	0.71	0.23	1.0	0.5	-0.12	0.53	0.82	0.6	0.58	0.9	0.73	0.62	0.54	0.71	-0.17	-0.37
Other Current Liab	-0.84	-0.32		-0.82	-0.74	-0.93	-0.66	-0.34	0.57	0.66	-0.78	-0.72	-0.34	0.64	-0.56	-0.85	-0.73	-0.87	-0.95	-0.48	-0.75	-0.93	-0.85	-0.79	0.75	0.64
Total Current Liabilities	0.92	0.77	-0.82		0.85	0.93	0.82	0.8	-0.33	-0.88	0.97	0.65	0.79	-0.1	0.22	0.9	0.95	0.94	0.96	0.88	0.92	0.97	0.9	0.93	-0.61	-0.6
Total Stockholder Equity	0.98	0.57	-0.74	0.85		0.85	0.97	0.6	-0.71	-0.82	0.92	0.93	0.6	-0.21	-0.1	0.98	0.92	0.97	0.83	0.82	0.97	0.84	0.98	0.96	-0.87	-0.77
Other Liab	0.92	0.61	-0.93	0.93	0.85		0.77	0.63	-0.48	-0.82	0.9	0.72	0.63	-0.37	0.4	0.92	0.91	0.94	0.98	0.72	0.91	0.98	0.92	0.93	-0.69	-0.64
Net Tangible Assets	0.94	0.61	-0.66	0.82	0.97	0.77		0.64	-0.62	-0.88	0.88	0.88	0.64	-0.08	-0.24	0.93	0.91	0.92	0.75	0.84	0.95	0.77	0.93	0.94	-0.87	-0.85
Property Plant And Equipment Net	0.64	1.0	-0.34	0.8	0.6	0.63	0.64		0.12	-0.84	0.74	0.27	1.0	0.48	-0.13	0.57	0.84	0.63	0.6	0.92	0.76	0.64	0.58	0.74	-0.21	-0.4
Net Debt	-0.65	0.16	0.57	-0.33	-0.71	-0.48	-0.62	0.12		0.24	-0.48	-0.91	0.13	0.65	0.05	-0.7	-0.4	-0.63	-0.46	-0.22	-0.53	-0.44	-0.7	-0.54	0.86	0.54
Retained Earnings	-0.85	-0.82	0.66	-0.88	-0.82	-0.82	-0.88	-0.84	0.24		-0.84	-0.61	-0.83	-0.06	0.04	-0.81	-0.94	-0.84	-0.79	-0.86	-0.91	-0.81	-0.81	-0.91	0.64	0.82
Accounts Payable	0.96	0.71	-0.78	0.97	0.92	0.9	0.88	0.74	-0.48	-0.84		0.76	0.74	-0.1	0.08	0.94	0.95	0.97	0.92	0.9	0.94	0.94	0.95	0.94	-0.7	-0.61
Cash	0.89	0.23	-0.72	0.65	0.93	0.72	0.88	0.27	-0.91	-0.61	0.76		0.27	-0.46	-0.1	0.92	0.72	0.87	0.7	0.57	0.82	0.7	0.91	0.82	-0.96	-0.76
Non Current Assets Total	0.63	1.0	-0.34	0.79	0.6	0.63	0.64	1.0	0.13	-0.83	0.74	0.27		0.49	-0.13	0.57	0.83	0.63	0.6	0.92	0.75	0.64	0.57	0.74	-0.2	-0.39
Non Currrent Assets Other	-0.26	0.5	0.64	-0.1	-0.21	-0.37	-0.08	0.48	0.65	-0.06	-0.1	-0.46	0.49		-0.63	-0.33	-0.02	-0.29	-0.38	0.31	-0.11	-0.33	-0.33	-0.15	0.52	0.27
Other Assets	0.06	-0.12	-0.56	0.22	-0.1	0.4	-0.24	-0.13	0.05	0.04	0.08	-0.1	-0.13	-0.63		0.08	0.02	0.13	0.43	-0.22	-0.01	0.39	0.08	0.04	0.06	0.14
Cash And Short Term Investments	1.0	0.53	-0.85	0.9	0.98	0.92	0.93	0.57	-0.7	-0.81	0.94	0.92	0.57	-0.33	0.08		0.92	0.99	0.91	0.78	0.96	0.91	1.0	0.97	-0.87	-0.75
Common Stock Shares Outstanding	0.95	0.82	-0.73	0.95	0.92	0.91	0.91	0.84	-0.4	-0.94	0.95	0.72	0.83	-0.02	0.02	0.92		0.95	0.88	0.92	0.99	0.9	0.92	0.99	-0.68	-0.71
Short Term Investments	1.0	0.6	-0.87	0.94	0.97	0.94	0.92	0.63	-0.63	-0.84	0.97	0.87	0.63	-0.29	0.13	0.99	0.95		0.94	0.82	0.97	0.95	0.99	0.98	-0.83	-0.73
Non Current Liabilities Total	0.92	0.58	-0.95	0.96	0.83	0.98	0.75	0.6	-0.46	-0.79	0.92	0.7	0.6	-0.38	0.43	0.91	0.88	0.94		0.72	0.87	1.0	0.91	0.9	-0.69	-0.61
Other Current Assets	0.83	0.9	-0.48	0.88	0.82	0.72	0.84	0.92	-0.22	-0.86	0.9	0.57	0.92	0.31	-0.22	0.78	0.92	0.82	0.72		0.89	0.75	0.79	0.87	-0.48	-0.52
Other Stockholder Equity	0.98	0.73	-0.75	0.92	0.97	0.91	0.95	0.76	-0.53	-0.91	0.94	0.82	0.75	-0.11	-0.01	0.96	0.99	0.97	0.87	0.89		0.89	0.96	1.0	-0.77	-0.76
Total Liab	0.92	0.62	-0.93	0.97	0.84	0.98	0.77	0.64	-0.44	-0.81	0.94	0.7	0.64	-0.33	0.39	0.91	0.9	0.95	1.0	0.75	0.89		0.91	0.91	-0.68	-0.61
Total Current Assets	1.0	0.54	-0.85	0.9	0.98	0.92	0.93	0.58	-0.7	-0.81	0.95	0.91	0.57	-0.33	0.08	1.0	0.92	0.99	0.91	0.79	0.96	0.91		0.97	-0.87	-0.75
Common Stock	0.98	0.71	-0.79	0.93	0.96	0.93	0.94	0.74	-0.54	-0.91	0.94	0.82	0.74	-0.15	0.04	0.97	0.99	0.98	0.9	0.87	1.0	0.91	0.97		-0.78	-0.76
Property Plant Equipment	-0.84	-0.17	0.75	-0.61	-0.87	-0.69	-0.87	-0.21	0.86	0.64	-0.7	-0.96	-0.2	0.52	0.06	-0.87	-0.68	-0.83	-0.69	-0.48	-0.77	-0.68	-0.87	-0.78		0.87
Current Deferred Revenue	-0.75	-0.37	0.64	-0.6	-0.77	-0.64	-0.85	-0.4	0.54	0.82	-0.61	-0.76	-0.39	0.27	0.14	-0.75	-0.71	-0.73	-0.61	-0.52	-0.76	-0.61	-0.75	-0.76	0.87

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Tango Free Cash Flow Per Share vs Price To Sales Ratio Analysis

Free Cash Flow Per Share vs Price To Sales Ratio

Free Cash Flow Per Share vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Price To Sales Ratio

Tango Therapeutics fundamental ratios Correlations

Tango Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Tango Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Property Plant Equipment	- 0.96	Cash
Non Current Liabilities Total	- 0.95	Other Current Liab
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Total Liab	- 0.93	Other Current Liab
Other Liab	- 0.93	Other Current Liab
Common Stock	- 0.91	Retained Earnings