Tango Therapeutics Stock Piotroski F Score

TNGX Stock  USD 3.10  0.16  5.44%   
This module uses fundamental data of Tango Therapeutics to approximate its Piotroski F score. Tango Therapeutics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Tango Therapeutics. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Tango Therapeutics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Tango Therapeutics Altman Z Score, Tango Therapeutics Correlation, Tango Therapeutics Valuation, as well as analyze Tango Therapeutics Alpha and Beta and Tango Therapeutics Hype Analysis.
For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.
  
At this time, Tango Therapeutics' Short Term Debt is fairly stable compared to the past year. Interest Debt Per Share is likely to rise to 0.02 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 21.4 M in 2024. At this time, Tango Therapeutics' PTB Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to rise to 52.95 in 2024, whereas Price To Sales Ratio is likely to drop 19.37 in 2024.
At this time, it appears that Tango Therapeutics' Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Tango Therapeutics Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Tango Therapeutics is to make sure Tango is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Tango Therapeutics' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Tango Therapeutics' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.0907
Way Up
Slightly volatile
Total Current Liabilities46 M45.9 M
Slightly Up
Slightly volatile
Non Current Liabilities Total109.9 M103.5 M
Notably Up
Slightly volatile
Total Assets352.5 M402.6 M
Fairly Down
Slightly volatile
Total Current Assets318.9 M346.5 M
Significantly Down
Slightly volatile

Tango Therapeutics F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Tango Therapeutics' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Tango Therapeutics in a much-optimized way.

About Tango Therapeutics Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

2.1

At this time, Tango Therapeutics' Book Value Per Share is fairly stable compared to the past year.

Tango Therapeutics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tango Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tango Therapeutics' managers, analysts, and investors.
Environmental
Governance
Social

About Tango Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tango Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tango Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tango Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Tango Stock Analysis

When running Tango Therapeutics' price analysis, check to measure Tango Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.