Tango Cash Conversion Cycle vs Free Cash Flow Analysis

TNGX Stock  USD 3.13  0.04  1.29%   
Tango Therapeutics financial indicator trend analysis is much more than just breaking down Tango Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tango Therapeutics is a good investment. Please check the relationship between Tango Therapeutics Cash Conversion Cycle and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tango Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.

Cash Conversion Cycle vs Free Cash Flow

Cash Conversion Cycle vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tango Therapeutics Cash Conversion Cycle account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tango Therapeutics' Cash Conversion Cycle and Free Cash Flow is -0.03. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Tango Therapeutics, assuming nothing else is changed. The correlation between historical values of Tango Therapeutics' Cash Conversion Cycle and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Conversion Cycle of Tango Therapeutics are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Conversion Cycle i.e., Tango Therapeutics' Cash Conversion Cycle and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash Conversion Cycle

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Tango Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tango Therapeutics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tango Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.Enterprise Value is likely to rise to about 858.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 22.1 M in 2025.
 2022 2023 2024 2025 (projected)
Total Operating Expenses135.9M150.7M173.3M98.9M
Cost Of Revenue4.0M115.2M132.5M139.1M

Tango Therapeutics fundamental ratios Correlations

0.7-0.840.940.990.940.950.72-0.58-0.880.960.890.71-0.120.031.00.951.00.920.860.970.931.00.98-0.78-0.8
0.7-0.470.830.660.660.730.920.12-0.920.750.380.920.45-0.140.640.840.690.670.870.790.70.650.78-0.33-0.71
-0.84-0.47-0.82-0.76-0.93-0.68-0.410.550.68-0.79-0.74-0.40.54-0.52-0.86-0.73-0.87-0.95-0.52-0.75-0.93-0.86-0.780.740.65
0.940.83-0.820.880.950.840.84-0.28-0.910.970.680.840.040.160.910.960.950.950.910.930.970.910.94-0.58-0.7
0.990.66-0.760.880.870.970.69-0.64-0.860.930.930.69-0.07-0.120.980.930.970.850.860.970.860.980.97-0.81-0.82
0.940.66-0.930.950.870.790.69-0.44-0.840.910.750.68-0.240.350.930.910.960.990.760.910.990.930.93-0.65-0.71
0.950.73-0.680.840.970.790.69-0.58-0.880.90.90.690.02-0.250.940.90.930.780.860.930.80.940.93-0.83-0.86
0.720.92-0.410.840.690.690.690.11-0.890.770.371.00.54-0.150.650.890.70.660.940.830.70.660.82-0.2-0.58
-0.580.120.55-0.28-0.64-0.44-0.580.110.2-0.44-0.870.110.620.05-0.64-0.33-0.57-0.42-0.19-0.44-0.4-0.64-0.450.850.43
-0.88-0.920.68-0.91-0.86-0.84-0.88-0.890.2-0.87-0.65-0.88-0.180.06-0.85-0.96-0.88-0.82-0.9-0.94-0.84-0.85-0.940.550.84
0.960.75-0.790.970.930.910.90.77-0.44-0.870.780.770.00.050.950.930.970.930.910.930.940.950.93-0.68-0.66
0.890.38-0.740.680.930.750.90.37-0.87-0.650.780.37-0.35-0.110.920.730.880.730.610.810.720.920.81-0.94-0.76
0.710.92-0.40.840.690.680.691.00.11-0.880.770.370.54-0.140.650.890.70.660.940.830.70.650.81-0.19-0.58
-0.120.450.540.04-0.07-0.240.020.540.62-0.180.0-0.350.54-0.62-0.190.13-0.15-0.250.390.06-0.2-0.190.020.480.08
0.03-0.14-0.520.16-0.120.35-0.25-0.150.050.060.05-0.11-0.14-0.620.05-0.020.090.38-0.22-0.050.340.05-0.010.060.15
1.00.64-0.860.910.980.930.940.65-0.64-0.850.950.920.65-0.190.050.921.00.920.820.950.931.00.96-0.83-0.79
0.950.84-0.730.960.930.910.90.89-0.33-0.960.930.730.890.13-0.020.920.940.880.940.990.90.920.99-0.59-0.79
1.00.69-0.870.950.970.960.930.7-0.57-0.880.970.880.7-0.150.091.00.940.950.850.960.951.00.97-0.78-0.78
0.920.67-0.950.950.850.990.780.66-0.42-0.820.930.730.66-0.250.380.920.880.950.750.871.00.920.89-0.66-0.66
0.860.87-0.520.910.860.760.860.94-0.19-0.90.910.610.940.39-0.220.820.940.850.750.910.790.820.9-0.45-0.64
0.970.79-0.750.930.970.910.930.83-0.44-0.940.930.810.830.06-0.050.950.990.960.870.910.890.951.0-0.67-0.83
0.930.7-0.930.970.860.990.80.7-0.4-0.840.940.720.7-0.20.340.930.90.951.00.790.890.930.91-0.65-0.67
1.00.65-0.860.910.980.930.940.66-0.64-0.850.950.920.65-0.190.051.00.921.00.920.820.950.930.96-0.82-0.79
0.980.78-0.780.940.970.930.930.82-0.45-0.940.930.810.810.02-0.010.960.990.970.890.91.00.910.96-0.68-0.83
-0.78-0.330.74-0.58-0.81-0.65-0.83-0.20.850.55-0.68-0.94-0.190.480.06-0.83-0.59-0.78-0.66-0.45-0.67-0.65-0.82-0.680.77
-0.8-0.710.65-0.7-0.82-0.71-0.86-0.580.430.84-0.66-0.76-0.580.080.15-0.79-0.79-0.78-0.66-0.64-0.83-0.67-0.79-0.830.77
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Tango Therapeutics Account Relationship Matchups

Tango Therapeutics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets207.3M500.2M436.5M402.6M463.0M352.5M
Other Current Liab6.1M8.4M15.7M15.4M13.9M11.3M
Total Current Liabilities40.9M40.7M55.5M45.9M52.8M46.0M
Total Stockholder Equity38.6M344.7M249.5M253.1M291.1M196.6M
Property Plant And Equipment Net11.3M6.1M57.8M53.4M61.4M30.9M
Net Debt(20.5M)(141.2M)(18.8M)(27.5M)(24.7M)(26.0M)
Retained Earnings(103.1M)(161.3M)(269.5M)(371.3M)(334.1M)(317.4M)
Accounts Payable1.8M3.2M4.5M2.8M3.2M2.9M
Cash28.4M142.7M60.0M66.4M76.3M70.5M
Non Current Assets Total13.6M7.8M61.2M56.0M64.4M33.6M
Non Currrent Assets Other38K19K3.4M2.6M3.0M1.8M
Cash And Short Term Investments190.3M485.3M366.1M336.9M387.4M312.2M
Common Stock Shares Outstanding31.9M62.1M87.8M94.6M108.8M62.8M
Short Term Investments161.9M342.5M306.2M270.5M311.1M241.7M
Liabilities And Stockholders Equity207.3M500.2M436.5M402.6M463.0M352.5M
Non Current Liabilities Total127.7M114.7M131.4M103.5M119.0M109.9M
Other Current Assets183.5K5.1M13.7M9.7M11.1M6.6M
Other Stockholder Equity141.6M506.8M522.6M624.1M717.7M395.6M
Total Liab168.7M155.4M187.0M149.5M171.9M155.8M
Total Current Assets193.6M492.3M375.3M346.5M398.5M318.9M
Accumulated Other Comprehensive Income17K(765K)(3.7M)186K167.4K175.8K

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