Teekay (TK) Debt Ratio (2009 - 2023)

Teekay (TK) has reported Debt Ratio for 15 consecutive years, with 0.01 the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Debt Ratio fell 4.55% year-over-year to 0.01; the trailing twelve-month figure through Dec 2023 stood at 0.01 (down 4.55% YoY), and the FY2023 full-year result was 0.01, down 4.55% from the prior year.
• Debt Ratio fell to 0.01 in Q4 2023 per TK's latest filing, from 0.01 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.36 in Q4 2019 and bottomed at 0.01 in Q4 2023.
• Historically, Debt Ratio has averaged 0.19 across 5 years, with a median of 0.2 in 2021.
• The sharpest annual moves came in 2021 and 2022: Debt Ratio grew 24.92% in 2021, then tumbled 96.76% in 2022.
• Over 5 years, Debt Ratio stood at 0.36 in 2019, then plunged by 76.05% to 0.09 in 2020, then gained by 24.92% to 0.11 in 2021, then slumped by 90.82% to 0.01 in 2022, then slipped by 4.55% to 0.01 in 2023.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.01, and 0.01 for Q4 2023, Q3 2023, and Q2 2023 respectively.