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| Date | Value |
|---|---|
| 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 |