Teekay (TK) Current Taxes (2009 - 2023)
Teekay's (TK) quarterly Current Taxes came in at $3.9 million in Q3 2023, up 230.0% on a YoY basis from $1.2 million in Q3 2022, and up 105.26% quarter-over-quarter from $1.9 million in Q2 2023.
Analysis
Teekay (TK) Current Taxes (2009 - 2023) Analysis & Trends
Teekay (TK) has reported Current Taxes for 15 consecutive years, with $3.9 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Current Taxes rose 230.0% year-over-year to $3.9 million; the trailing twelve-month figure through Sep 2023 stood at $3.9 million (up 230.0% YoY), and the FY2020 full-year result was $16.7 million, down 10.5% from the prior year.
- Current Taxes advanced to $3.9 million in Q3 2023 per TK's latest filing, from $1.9 million in the prior quarter.
- Across five years, Current Taxes topped out at $64.4 million in Q1 2019 and bottomed at -$3.0 million in Q2 2022.
- Historically, Current Taxes has averaged $15.4 million across 5 years, with a median of $10.3 million in 2020.
- The sharpest annual moves came in 2022 and 2023: Current Taxes slumped 300.0% in 2022, then jumped 230.0% in 2023.
- Over 5 years, Current Taxes stood at $18.6 million in 2019, then fell by 10.5% to $16.7 million in 2020, then slumped by 91.01% to $1.5 million in 2021, then plunged by 300.0% to -$3.0 million in 2022, then surged by 230.0% to $3.9 million in 2023.
- According to Business Quant data, Current Taxes over the past three periods registered $3.9 million, $1.9 million, and -$3.0 million for Q3 2023, Q2 2023, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 3.85 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | -776,000.00 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 100,000.00 |
| 10 | Teekay | 1.17 Bn | 2.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 3.90 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Sep 30, 2022 | -3.00 Mn |
| Jun 30, 2022 | -3.00 Mn |
| Sep 30, 2021 | 1.50 Mn |
| Dec 31, 2020 | 16.69 Mn |
| Dec 31, 2019 | 18.65 Mn |
| Sep 30, 2019 | 24.90 Mn |
| Jun 30, 2019 | 27.61 Mn |
| Mar 31, 2019 | 64.41 Mn |
| Dec 31, 2018 | 75.29 Mn |
| Sep 30, 2018 | 73.11 Mn |
| Jun 30, 2018 | 64.10 Mn |
| Mar 31, 2018 | 48.44 Mn |
| Dec 31, 2017 | 49.10 Mn |
| Sep 30, 2017 | 79.21 Mn |
| Jun 30, 2017 | 12.28 Mn |
| Dec 31, 2016 | 11.79 Mn |
| Mar 31, 2016 | -396,000.00 |
| Dec 31, 2015 | 53.17 Mn |