Tanger Inc. (SKT) Financial Statements (2024 and earlier)

Company Profile

Business Address 3200 NORTHLINE AVENUE SUITE 360
GREENSBORO, NC 27408
State of Incorp. NC
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments228,372235,767    
Cash and cash equivalents213,002202,821    
Short-term investments15,37032,946    
Contract with customer, asset, after allowance for credit loss   8,600   
Total current assets:228,372235,7678,600   
Noncurrent Assets
Operating lease, right-of-use asset78,02578,33278,60078,93379,22879,519
Property, plant and equipment275,081275,081 277,041277,041268,269
Long-term investments and receivables74,46073,368 74,70380,04182,955
Long-term investments74,46073,368 74,70380,04182,955
Intangible assets, net (including goodwill)   58,574   
Intangible assets, net (excluding goodwill)   58,574   
Total noncurrent assets:427,566426,781137,174430,677436,310430,743
Other undisclosed assets1,540,0101,522,844 1,727,0121,718,9351,703,489
TOTAL ASSETS:2,195,9482,185,392145,7742,157,6892,155,2452,134,232
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,688,2051,679,086 1,642,0301,642,6701,623,655
Total liabilities:1,688,2051,679,086 1,642,0301,642,6701,623,655
Equity
Equity, attributable to parent, including:485,909484,509 493,426490,216488,320
Common stock1,0521,053 1,0431,0441,044
Additional paid in capital986,472984,253 984,540981,833978,734
Accumulated other comprehensive loss(13,342)(14,159) (11,253)(9,420)(9,252)
Other undisclosed equity, attributable to parent(488,273)(486,638) (480,904)(483,241)(482,206)
Equity, attributable to noncontrolling interest21,83421,797 22,23322,35922,257
Total equity:507,743506,306 515,659512,575510,577
TOTAL LIABILITIES AND EQUITY:2,195,9482,185,392 2,157,6892,155,2452,134,232

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues110,641108,94395,267111,446105,838108,868
Operating lease, lease income104,588103,582 105,569101,409104,609
Gross profit:110,641108,94395,267111,446105,838108,868
Operating expenses(77,405)(76,475) (78,891)(78,246)(78,468)
Other undisclosed operating income   235,605   
Operating income:33,23632,468330,87232,55527,59230,400
Nonoperating expense(9,642)(9,543) (10,265)(9,000)(11,451)
Other nonoperating income2,3242,800 1,3952,576183
Interest and debt expense(11,966)(12,343) (11,660)(11,576)(11,634)
Other undisclosed income from continuing operations before equity method investments, income taxes11,96612,34330,71611,66011,57611,634
Income from continuing operations before equity method investments, income taxes:23,59422,925361,58822,29018,59218,949
Income from equity method investments1,7061,935 2,0552,2272,513
Other undisclosed loss from continuing operations before income taxes   (6,795)   
Income from continuing operations:25,30024,860354,79324,34520,81921,462
Income before gain (loss) on sale of properties:24,34520,81921,462
Net income:25,30024,860354,79324,34520,81921,462
Net loss attributable to noncontrolling interest(1,098)(1,319) (1,069)(914)(944)
Other undisclosed net income attributable to parent   2,927   
Net income attributable to parent:24,20223,541357,72023,27619,90520,518
Undistributed earnings (loss) allocated to participating securities, basic(257)(199) (232)(222)(215)
Other undisclosed net income available to common stockholders, basic   669   
Net income available to common stockholders, diluted:23,94523,342358,38923,04419,68320,303

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:25,30024,860354,79324,34520,81921,462
Other comprehensive income (loss)854(3,264) (1,917)(176)8,900
Other undisclosed comprehensive loss   (6,807)   
Comprehensive income:26,15421,596347,98622,42820,64330,362
Comprehensive loss, net of tax, attributable to noncontrolling interest(1,135)(929) (985)(906)(1,335)
Other undisclosed comprehensive income, net of tax, attributable to parent   3,226   
Comprehensive income, net of tax, attributable to parent:25,01920,667351,21221,44319,73729,027

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: