Tango Therapeutics Inc
Tango Therapeutics, Inc., a precision oncology company, focuses on the discovery and development of drugs in defined patient populations with unmet medical need. The company develops methylthioadenosine -cooperative protein arginine methyltransferase 5 (PRMT5) inhibitors, including TNG462, which is in Phase 1/2 clinical trial for treating pancreatic and lung cancer; and TNG456, a brain-penetrant … Read more
Tango Therapeutics Inc (TNGX) - Net Assets
Latest net assets as of September 2025: $160.03 Million USD
Based on the latest financial reports, Tango Therapeutics Inc (TNGX) has net assets worth $160.03 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($210.14 Million) and total liabilities ($50.10 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $160.03 Million |
| % of Total Assets | 76.16% |
| Annual Growth Rate | 90.68% |
| 5-Year Change | 416.88% |
| 10-Year Change | N/A |
| Growth Volatility | 323.67 |
Tango Therapeutics Inc - Net Assets Trend (2019–2024)
This chart illustrates how Tango Therapeutics Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tango Therapeutics Inc (2019–2024)
The table below shows the annual net assets of Tango Therapeutics Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $199.52 Million | -21.17% |
| 2023-12-31 | $253.11 Million | +1.46% |
| 2022-12-31 | $249.48 Million | -27.64% |
| 2021-12-31 | $344.75 Million | +793.13% |
| 2020-12-31 | $38.60 Million | +388.30% |
| 2019-12-31 | $7.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tango Therapeutics Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 45042900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $108.00K | 0.05% |
| Other Comprehensive Income | $336.00K | 0.17% |
| Other Components | $700.63 Million | 351.16% |
| Total Equity | $199.52 Million | 100.00% |
Tango Therapeutics Inc Competitors by Market Cap
The table below lists competitors of Tango Therapeutics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sumber Alfaria Trijaya Tbk
JK:AMRT
|
$1.59 Billion |
|
Ito En Ltd
PINK:ITOEF
|
$1.59 Billion |
|
Montea C.V.A.
BR:MONT
|
$1.59 Billion |
|
Kyushu Railway Company
OTCGREY:KYHHY
|
$1.59 Billion |
|
Novoray Corporation
SHG:688300
|
$1.59 Billion |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.59 Billion |
|
EZAKI GLICO
F:5EJ
|
$1.59 Billion |
|
Anhui Great Wall Military Industry Co Ltd
SHG:601606
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tango Therapeutics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 253,108,000 to 199,517,000, a change of -53,591,000 (-21.2%).
- Net loss of 130,302,000 reduced equity.
- New share issuances of 41,723,000 increased equity.
- Other comprehensive income increased equity by 150,000.
- Other factors increased equity by 34,838,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-130.30 Million | -65.31% |
| Share Issuances | $41.72 Million | +20.91% |
| Other Comprehensive Income | $150.00K | +0.08% |
| Other Changes | $34.84 Million | +17.46% |
| Total Change | $- | -21.17% |
Book Value vs Market Value Analysis
This analysis compares Tango Therapeutics Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 206.71x to 10.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.09 | $18.68 | x |
| 2020-12-31 | $0.44 | $18.68 | x |
| 2021-12-31 | $5.55 | $18.68 | x |
| 2022-12-31 | $2.84 | $18.68 | x |
| 2023-12-31 | $2.68 | $18.68 | x |
| 2024-12-31 | $1.83 | $18.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tango Therapeutics Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -65.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -309.73%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.59x
- Recent ROE (-65.31%) is above the historical average (-79.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -178.30% | -57.18% | 0.44x | 7.05x | $-14.89 Million |
| 2020 | -134.64% | -678.84% | 0.04x | 5.37x | $-55.83 Million |
| 2021 | -16.89% | -157.21% | 0.07x | 1.45x | $-92.71 Million |
| 2022 | -43.36% | -435.14% | 0.06x | 1.75x | $-133.12 Million |
| 2023 | -40.20% | -278.54% | 0.09x | 1.59x | $-127.05 Million |
| 2024 | -65.31% | -309.73% | 0.13x | 1.59x | $-150.25 Million |
Industry Comparison
This section compares Tango Therapeutics Inc's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $59,082,939
- Average return on equity (ROE) among peers: -341.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tango Therapeutics Inc (TNGX) | $160.03 Million | -178.30% | 0.31x | $1.59 Billion |
| Aadi Bioscience Inc (AADI) | $-124.24K | 0.00% | 0.00x | $17.03 Million |
| America Great Health (AAGH) | $-992.37K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $70.63 Million | -1310.51% | 34.40x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $59.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $196.01 Million | -75.37% | 0.67x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $10.25 Million | -21.57% | 1.29x | $738.02 Million |
| Abeona Therapeutics Inc (ABEO) | $489.00K | -1919.02% | 38.85x | $202.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $188.78 Million | -22.70% | 0.04x | $108.65 Million |
| Abpro Holdings, Inc. (ABP) | $-22.46 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $176.18 Million | -62.76% | 0.23x | $345.85 Million |