Teekay (TK) Debt to Equity (2009 - 2024)
Teekay (TK) posted Debt to Equity of $0.02 for Q4 2022, down 91.47% on a QoQ basis from $0.18 in Q4 2021, and down 91.47% year-over-year from $0.18 in Q4 2021.
Teekay (TK) Debt to Equity (2009 - 2024) Analysis & Trends
Teekay (TK) has reported Debt to Equity for 14 consecutive years, with $0.02 the latest figure, recorded in Q4 2022.
- Debt to Equity for Q4 2022 came in at $0.02, down 91.47% year-over-year; the trailing twelve-month figure through Dec 2022 was $0.02 (down 91.47% YoY), and the FY2022 annual result was $0.02, down 91.47% from the prior year.
- Debt to Equity was $0.02 for Q4 2022 at Teekay, down from $0.18 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.07 in Q4 2018 and troughed at $0.02 in Q4 2022.
- A 5-year average of $0.48 and a median of $0.24 in 2020 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2019 — Debt to Equity fell 14.72% — and 2022, when it plunged 91.47%.
- Year by year, Debt to Equity stood at $1.07 in 2018, then slipped by 14.72% to $0.92 in 2019, then slumped by 74.23% to $0.24 in 2020, then slipped by 23.11% to $0.18 in 2021, then plunged by 91.47% to $0.02 in 2022.
- Per Business Quant, the three latest TK Debt to Equity figures stand at $0.02 (Q4 2022), $0.18 (Q4 2021), and $0.24 (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | Teekay | 860.41 Mn | 1.33 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.01 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 184,104.45 |
| Jun 30, 2021 | 828,609.13 |
| Mar 31, 2021 | 1.50 |
| Dec 31, 2020 | 0.24 |
| Sep 30, 2020 | 1.34 |
| Jun 30, 2020 | 1.30 |
| Mar 31, 2020 | 2.04 |
| Dec 31, 2019 | 0.92 |
| Sep 30, 2019 | 2.13 |