SKT (Tanger) Debt-to-Equity : 2.60 (As of Mar. 2025)

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What is Tanger Debt-to-Equity?

Tanger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $139.0 Mil. Tanger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1,508.2 Mil. Tanger's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $633.9 Mil. Tanger's debt to equity for the quarter that ended in Mar. 2025 was 2.60.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tanger's Debt-to-Equity or its related term are showing as below:

SKT' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.31 Med: 3.05 Max: 6.84
Current: 2.6

During the past 13 years, the highest Debt-to-Equity Ratio of Tanger was 6.84. The lowest was 2.31. And the median was 3.05.

SKT's Debt-to-Equity is ranked worse than
92.18% of 716 companies
in the REITs industry
Industry Median: 0.785 vs SKT: 2.60

Tanger Debt-to-Equity Historical Data

The historical data trend for Tanger's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tanger Debt-to-Equity Chart

Tanger Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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4.86

3.11

3.08

2.69

2.31

Tanger Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															2.80	2.79	2.66	2.31	2.60

Competitive Comparison of Tanger's Debt-to-Equity

For the REIT - Retail subindustry, Tanger's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tanger's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tanger's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tanger's Debt-to-Equity falls into.

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Tanger Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tanger's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1508.258)	/	652.37
	=	2.31

Tanger's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(139	+	1508.234)	/	633.895
	=	2.60

Tanger (NYSE:SKT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Tanger Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tanger's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tanger Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tanger Inc (NYSE:SKT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0LD4:UK T6O:Germany T6O:Germany

Address

3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408

Website

https://www.tanger.com

Tanger Inc is an owners and operators of outlet and open-air centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers, with a total gross leasable area of approximately 13.0 million square feet.

Executives

Thomas Reddin	director	11115 RUSHMORE DR, CHARLOTTE NC 28277
Stephen Yalof	officer: President & COO	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Gallardo Leslie Swanson	officer: Executive VP Operations	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr	officer: VP, CAO and Controller	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Susan E Skerritt	director	3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Steven B Tanger	director, officer: President,
Jessica K Norman	officer: EVP, General Counsel,Secretary	1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Michael J Bilerman	officer: See Remarks	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein	officer: EVP, Leasing	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove	officer: EVP, Chief Commercial Officer	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren	officer: Senior V.P. of Marketing	5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry	officer: EVP,General Counsel,Secretary	C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani	director
James Floyd Williams	officer: Vice President & Controller	3204 COTTINGHAM COURT, GREENSBORO NC 27410
Charles Allen Worsham	officer: SVP,Construction & Development	3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408