Teekay (TK) Debt to Equity (2009 - 2022)

Teekay (TK) reported Debt to Equity of $0.02 for Q4 2022, down 91.47% on a YoY basis from $0.18 in Q4 2021, and down 91.47% quarter-over-quarter from $0.18 in Q4 2021.

Teekay (TK) Debt to Equity (2009 - 2022) Analysis & Trends

Teekay has reported Debt to Equity for 14 years, with the latest figure at $0.02 in Q4 2022.

  • For the quarter ending Q4 2022, Debt to Equity fell 91.47% year-over-year to $0.02; the trailing twelve-month figure through Dec 2022 stood at $0.02 (down 91.47% YoY), and the FY2022 full-year result was $0.02, down 91.47% from the prior year.
  • Debt to Equity for Q4 2022 stood at $0.02, down from $0.18 in the prior quarter.
  • The five-year high for Debt to Equity was $1.07 in Q4 2018, with the low at $0.02 in Q4 2022.
  • Historically, Debt to Equity has averaged $0.48 across 5 years, with a median of $0.24 in 2020.
  • Annual changes were most pronounced in 2019 — Debt to Equity declined 14.72% — and 2022, when it sank 91.47%.
  • Teekay's Debt to Equity stood at $1.07 in 2018, then retreated by 14.72% to $0.92 in 2019, then slumped by 74.23% to $0.24 in 2020, then retreated by 23.11% to $0.18 in 2021, then plunged by 91.47% to $0.02 in 2022.
  • The last three Debt to Equity figures came in at $0.02 (Q4 2022), $0.18 (Q4 2021), and $0.24 (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Teekay 1.02 Bn 1.48 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 0.02
Dec 31, 2021 0.18
Dec 31, 2020 0.24
Dec 31, 2019 0.92
Dec 31, 2018 1.07
Dec 31, 2017 1.65
Dec 31, 2016 1.62
Dec 31, 2015 2.00
Dec 31, 2014 1.96
Dec 31, 2013 1.91
Dec 31, 2012 1.74
Dec 31, 2011 1.65
Dec 31, 2010 1.25
Jun 30, 2010 0.60
Dec 31, 2009 1.43