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Tanger Inc. logo

Tanger Inc. (SKT) Interest Expense

Annual Interest Expense

$61.27M$572.00K-0.92%

Summary

Current Value
As of today, SKT annual interest expense is $61.27M, down -0.92% on
Historical Performance
SKT annual interest expense is up +18.96% over the past 3 years, and down -6.65% over the past 5 years
All-Time High Comparison
SKT annual interest expense is currently -8.70% below its historical high of $67.11M set on
3-Year Low Comparison
SKT annual interest expense is +21.48% above its 3-year low of $50.44M reached on an earlier date
Sector Comparison
SKT annual interest expense is higher than 46.72% of companies in Real Estate sector

Interest Expense Chart

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SUGGESTED SERIES

Performance

SKT Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$61.27M-0.9%+19.0%-6.7%+62.6%
Quarterly Interest Expense$16.26M+82.3%+26.2%-4.8%+85.5%
TTM Interest Expense$64.99M-12.1%+38.0%-3.5%+97.6%
Price$33.62+2.3%+82.0%+166.4%+34.5%
Annual Interest Coverage Ratio2.67+9.0%+120.7%+13.6%-10.1%
Annual EBIT$163.40M+7.6%+161.8%+5.8%+46.0%
Annual Total Debt$1.53B-1.0%+1.8%-9.1%+161.3%
Annual Revenue$526.06M+13.3%+22.2%+9.3%+93.7%

Interest Expense Highs

SKT Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$61.84M-0.9%
5Y$67.11MN/A-8.7%
All$67.11M-8.7%

Interest Expense Lows

SKT Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$50.44MN/A+21.5%
5Y$50.44M+21.5%
All$2.11M+2806.5%

Interest Expense History

YearValueChange
$61.27M-0.9%
$61.84M+22.6%
$50.44M-2.1%
$51.50M-23.2%
$67.11M+2.2%
$65.64M-1.7%
$66.77M+3.4%
$64.56M+3.3%
$62.51M+15.4%
$54.19M-7.6%
$58.67M+13.9%
$51.49M+3.4%
$49.81M+9.8%
$45.38M+33.0%
$34.12M-9.5%
$37.68M-2.0%
YearValueChange
$38.44M-4.1%
$40.07M-1.7%
$40.78M+23.3%
$33.06M-5.9%
$35.12M+32.6%
$26.49M-6.9%
$28.46M-5.6%
$30.13M+9.3%
$27.57M+13.7%
$24.24M+10.0%
$22.03M+30.8%
$16.84M+20.3%
$14.00M+34.8%
$10.38M+392.5%
$2.11M-54.2%
$4.61M-

FAQ

  • What is the current annual interest expense of SKT?

    As of today, SKT annual interest expense is $61.27M

  • What is 1-year change in SKT annual interest expense?

    SKT annual interest expense is down -0.92% year-over-year

  • What is 3-year change in SKT annual interest expense?

    SKT annual interest expense is up +18.96% over the past 3 years

  • How far is SKT annual interest expense from its all-time high?

    SKT annual interest expense is currently -8.70% below its historical high of $67.11M set on December 31, 2020

  • How does SKT annual interest expense rank versus sector peers?

    SKT annual interest expense is higher than 46.72% of companies in Real Estate sector

  • When is SKT next annual earnings release?

    The next annual earnings release for SKT is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. SKT Official Website www.tangeroutlets.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/899715/000162828025050139/0001628280-25-050139-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/899715/000089971525000036/0000899715-25-000036-index.htm
  4. SKT Profile on Yahoo Finance finance.yahoo.com/quote/SKT
  5. SKT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/skt