Teekay (TK) Debt Ratio (2009 - 2024)

Teekay (TK) posted Debt Ratio of 0.74 for Q2 2024, up 50905612.29% on a QoQ basis from 0.0 in Q1 2024, and up 5319.47% year-over-year from 0.01 in Q3 2023.

Teekay (TK) Debt Ratio (2009 - 2024) Analysis & Trends

Teekay's Debt Ratio history runs 16 years deep, the most recent figure standing at 0.74 for Q2 2024.

  • Quarterly Debt Ratio rose 5319.47% year-over-year to 0.74 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.74 (up 5319.47% YoY) and the FY2023 annual result came in at 0.01, down 52.28% from the prior year.
  • Debt Ratio was 0.74 for Q2 2024 at Teekay, up from 0.0 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.74 in Q2 2024 and bottomed at 0.0 in Q1 2024.
  • A 5-year average of 0.17 and a median of 0.09 in 2020 frame the typical range for Debt Ratio.
  • Peak annual rise in Debt Ratio reached 5319.47% in 2024, while the deepest fall reached 99.99% in 2024.
  • Teekay's Debt Ratio stood at 0.08 in 2020, then surged by 69.07% to 0.14 in 2021, then plunged by 86.21% to 0.02 in 2022, then sank by 52.28% to 0.01 in 2023, then jumped by 7769.56% to 0.74 in 2024.
  • Business Quant data shows TK's Debt Ratio at 0.74 in Q2 2024, 0.0 in Q1 2024, and 0.01 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Teekay 962.12 Mn 1.43 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 0.74
Mar 31, 2024 0.00
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.02
Dec 31, 2022 0.02
Sep 30, 2022 0.01
Jun 30, 2022 0.05
Mar 31, 2022 0.09
Dec 31, 2021 0.14
Sep 30, 2021 0.32
Jun 30, 2021 0.32
Mar 31, 2021 0.30
Dec 31, 2020 0.08
Sep 30, 2020 0.30
Jun 30, 2020 0.31
Mar 31, 2020 0.33
Dec 31, 2019 0.35
Sep 30, 2019 0.35