Tanger Inc.

Tanger Inc.verified

SKT

Price:

$34.085

Market Cap:

$3.77B

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. [Read more]

Industry

REIT - Retail

IPO Date

1993-05-28

Stock Exchange

NYSE

Ticker

SKT

The Current Ratio as of December 2024 (TTM) for Tanger Inc. (SKT) is 0.13

According to Tanger Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -1.18% compared to the average of 0.13 of the last 4 quarters.

Tanger Inc. (SKT) Historical Current Ratio (quarterly & annually)

How has SKT Current Ratio performed in the past?

The mean historical Current Ratio of Tanger Inc. over the last ten years is 1.23. The current 0.13 Current Ratio has changed 939.03% with respect to the historical average. Over the past ten years (40 quarters), SKT's Current Ratio was at its highest in in the March 2022 quarter at 4.58. The Current Ratio was at its lowest in in the June 2024 quarter at 0.09.

Quarterly (TTM)
Annual

Average

1.23

Median

0.76

Minimum

0.17

Maximum

2.86

Tanger Inc. (SKT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tanger Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 216.90%

Maximum Annual Current Ratio = 2.86

Minimum Annual Increase = -93.28%

Minimum Annual Current Ratio = 0.17

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.17-93.28%
20222.53-11.64%
20212.8632.70%
20202.1542.48%
20191.51216.90%
20180.4838.58%
20170.34-50.77%
20160.70-9.28%
20150.772.92%
20140.75-41.37%

Tanger Inc. (SKT) Average Current Ratio

How has SKT Current Ratio performed in the past?

The current Current Ratio of Tanger Inc. (SKT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.85

5-year avg

1.84

10-year avg

1.23

Tanger Inc. (SKT) Current Ratio vs. Peers

How is SKT’s Current Ratio compared to its peers?

Tanger Inc.’s Current Ratio is less than Regency Centers Corporation (0.89), less than Getty Realty Corp. (1.53), less than SITE Centers Corp. (6.52), less than Brixmor Property Group Inc. (1.38), less than Simon Property Group, Inc. (0.96), less than Kimco Realty Corporation (3.52), less than National Retail Properties, Inc. (2.33), less than Urstadt Biddle Properties Inc. (2.02), less than Urstadt Biddle Properties Inc. (2.02), less than Saul Centers, Inc. (0.25), greater than Rithm Property Trust Inc. (0), less than Urban Edge Properties (2.05), less than Kite Realty Group Trust (2.92), less than Retail Opportunity Investments Corp. (0.62), less than InvenTrust Properties Corp. (3.59), less than Agree Realty Corporation (0.74), less than Realty Income Corporation (2.27),

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