Teekay (TK) Debt Ratio (2009 - 2022)

Teekay (TK) reported Debt Ratio of 0.01 for Q4 2022, down 85.51% on a YoY basis from 0.07 in Q4 2021, and down 54.6% quarter-over-quarter from 0.02 in Q3 2022.

Teekay (TK) Debt Ratio (2009 - 2022) Analysis & Trends

Teekay has reported Debt Ratio for 14 years, with the latest figure at 0.01 in Q4 2022.

  • For the quarter ending Q4 2022, Debt Ratio fell 85.51% year-over-year to 0.01; the trailing twelve-month figure through Dec 2022 stood at 0.01 (down 85.51% YoY), and the FY2022 full-year result was 0.01, down 85.51% from the prior year.
  • Debt Ratio for Q4 2022 stood at 0.01, down from 0.02 in the prior quarter.
  • The five-year high for Debt Ratio was 27.2 in Q1 2020, with the low at 0.01 in Q4 2022.
  • Historically, Debt Ratio has averaged 1.59 across 5 years, with a median of 0.3 in 2020.
  • Annual changes were most pronounced in 2020 — Debt Ratio soared 8181.65% — and 2021, when it sank 98.92%.
  • Teekay's Debt Ratio stood at 0.37 in 2018, then dropped by 20.49% to 0.29 in 2019, then slumped by 71.22% to 0.08 in 2020, then fell by 19.52% to 0.07 in 2021, then tumbled by 85.51% to 0.01 in 2022.
  • The last three Debt Ratio figures came in at 0.01 (Q4 2022), 0.02 (Q3 2022), and 0.03 (Q2 2022), per Business Quant data.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.47
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.42
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.44
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.47
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 0.14
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.60
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.71
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.47
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.39
10 Teekay 1.02 Bn 1.48 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 0.01
Sep 30, 2022 0.02
Jun 30, 2022 0.03
Mar 31, 2022 0.07
Dec 31, 2021 0.07
Sep 30, 2021 0.32
Jun 30, 2021 0.31
Mar 31, 2021 0.29
Dec 31, 2020 0.08
Sep 30, 2020 0.29
Jun 30, 2020 0.30
Mar 31, 2020 27.20
Dec 31, 2019 0.29
Sep 30, 2019 0.35
Jun 30, 2019 0.29
Mar 31, 2019 0.33
Dec 31, 2018 0.37
Sep 30, 2018 0.38
Jun 30, 2018 0.36
Mar 31, 2018 0.34