Tanger Factory Outlet Centers, Inc.

NYSE:SKT Stock Report

Mkt Cap: US$2.1b

Tanger Factory Outlet Centers Financial Health

How is Tanger Factory Outlet Centers's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SKT's short term assets ($309.4M) exceed its short term liabilities ($116.6M).

Long Term Liabilities: SKT's short term assets ($309.4M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: SKT's net debt to equity ratio (232.7%) is considered high.

Reducing Debt: SKT's debt to equity ratio has reduced from 291.3% to 270.6% over the past 5 years.

Debt Coverage: SKT's debt is not well covered by operating cash flow (14.1%).

Interest Coverage: SKT's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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