SKT (Tanger) Debt-to-Revenue : 2.84 (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Tanger Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Tanger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. Tanger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,509.5 Mil. Tanger's annualized Revenue for the quarter that ended in Sep. 2024 was $532.0 Mil. Tanger's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 2.84.

Tanger Debt-to-Revenue Historical Data

The historical data trend for Tanger's Debt-to-Revenue 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-Revenue Chart

Tanger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

Get a 7-Day Free Trial

3.47

4.25

3.48

3.43

3.28

Tanger Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Revenue	Get a 7-Day Free Trial															3.22	2.99	3.16	3.00	2.84

Competitive Comparison of Tanger's Debt-to-Revenue

For the REIT - Retail subindustry, Tanger's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the REITs Industry

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

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

Tanger Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Tanger's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(13	+	1512.279)	/	464.407
	=	3.28

Tanger's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	1509.472)	/	532.004
	=	2.84

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.

Tanger Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tanger's Debt-to-Revenue 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-Revenue

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.tangeroutlet.com

Tanger Inc is a leading owner and operator of outlet and open-air retail shopping destinations. Tanger's portfolio of 38 outlet centers and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in U.S. states and Canada.

Executives

Guerrieri Thomas Joseph Jr	officer: VP, CAO and Controller	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Gallardo Leslie Swanson	officer: Executive VP Operations	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Susan E Skerritt	director	3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin	director	11115 RUSHMORE DR, CHARLOTTE NC 28277
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
Stephen Yalof	officer: President & COO	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham	officer: SVP,Construction & Development	3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408