Market Cap : 1.77 B | Enterprise Value : 3.1 B | Price-to-FFO : 11.48 | PB Ratio : 3.58 |
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Tanger Factory Outlet Centers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.0 Mil. Tanger Factory Outlet Centers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $1,484.3 Mil. Tanger Factory Outlet Centers's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $490.2 Mil. Tanger Factory Outlet Centers's debt to equity for the quarter that ended in Jun. 2022 was 3.03.
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 Factory Outlet Centers's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Tanger Factory Outlet Centers was 7.49. The lowest was 0.13. And the median was 2.71.
SKT's Debt-to-Equity is ranked worse thanThe historical data trend for Tanger Factory Outlet Centers'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.
For the REIT - Retail subindustry, Tanger Factory Outlet Centers'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.
For the REITs industry and Real Estate sector, Tanger Factory Outlet Centers's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tanger Factory Outlet Centers's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Tanger Factory Outlet Centers's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 | + | 1485.95) | / | 477.925 | |
= | 3.11 |
Tanger Factory Outlet Centers's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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 | + | 1484.345) | / | 490.216 | |
= | 3.03 |
* 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.
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.
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.
Thank you for viewing the detailed overview of Tanger Factory Outlet Centers's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Stein Justin C | officer: EVP, Leasing | 3200 NORTHLINE AVE. SUITE 360 GREENSBORO NC 27408 |
Wingrove Andrew R | officer: EVP, Chief Commercial Officer | 3200 NORTHLINE AVE., SUITE 360 GREENSBORO NC 27408 |
Mathrani Sandeep | director | |
Swanson Gallardo Leslie | officer: Executive VP Operations | 3200 NORTHLINE AVE. SUITE 360 GREENSBORO NC 27408 |
Yalof Stephen | officer: President & COO | 3200 NORTHLINE AVE., SUITE 360 GREENSBORO NC 27408 |
Ubinas Luis A | director | 209 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065-1175 |
Skerritt Susan E | director | 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 |
Henry David | director | 3333 NEW HYDE PARK ROAD NEW HYDE PARK NY 11042 |
Citrin Jeffrey B | director | 950 THIRD AVENUE 17TH FLOOR NEW YORK NY 10022 |
Worsham Charles Allen | officer: SVP,Construction & Development | 3200 NORTHLINE AVENUE, SUITE 360 GREENSBORO NC 27408 |
Perry Chad | officer: EVP,General Counsel,Secretary | C/O TANGER FACTORY OUTLET CENTERS, INC. 3200 NORTHLINE AVENUE, SUITE 360 GREENSBORO NC 27408 |
Mcdonough Thomas E. | officer: EVP, Chief Operating Officer | 1600 NE MIAMI GARDENS DRIVE NORTH MIAMI BEACH FL 33179 |
Jessup Manuel O | officer: Senior VP - Human Resources | 11215 METRO PARKWAY FORT MYERS FL 33966 |
Reddin Thomas | director | 11115 RUSHMORE DR CHARLOTTE NC 28277 |
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