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