Teekay Tankers (TNK) Asset Writedowns and Impairment (2011 - 2022)

Teekay Tankers (TNK) posted quarterly Asset Writedowns and Impairment of -$421000.0 for Q1 2022, up 41.12% year-over-year from -$298330.0 in Q1 2021, and up 90.14% quarter-over-quarter from -$4.3 million in Q4 2021.

Teekay Tankers (TNK) Asset Writedowns and Impairment (2011 - 2022) Analysis & Trends

Teekay Tankers (TNK) has reported Asset Writedowns and Impairment for 9 consecutive years, with -$421000.0 the latest figure, recorded in Q1 2022.

  • In Q1 2022, Asset Writedowns and Impairment rose 41.12% year-over-year to -$421000.0; the TTM figure through Mar 2022 stood at $81.2 million (up 20.17% YoY), while the FY2021 annual figure was $85.0 million, up 29.97% from the prior year.
  • Asset Writedowns and Impairment climbed to -$421000.0 in Q1 2022 per TNK's latest filing, from -$4.3 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $85.0 million in Q2 2021 and bottomed at -$4.3 million in Q4 2021.
  • Historically, Asset Writedowns and Impairment has averaged $13.1 million across 4 years, with a median of -$421000.0 in 2022.
  • On a YoY basis, Asset Writedowns and Impairment climbed as much as 2835.08% in 2021 and fell as far as 119.5% in 2021.
  • Teekay Tankers' Asset Writedowns and Impairment stood at -$880000.0 in 2018, then jumped by 2588.64% to $21.9 million in 2020, then tumbled by 119.5% to -$4.3 million in 2021, then surged by 90.14% to -$421000.0 in 2022.
  • Business Quant data shows TNK's Asset Writedowns and Impairment at -$421000.0 in Q1 2022, -$4.3 million in Q4 2021, and $900000.0 in Q3 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 111.07 Bn 109.57 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.38 Bn 71.35 Bn 7.40 Bn
5 Tc Energy 65.96 Bn 58.40 Bn 1.24 Bn
6 Oneok 60.08 Bn 59.92 Bn 2.81 Bn
7 Mplx 60.06 Bn 59.03 Bn 2.73 Bn
8 Targa Resources 59.31 Bn 59.18 Bn 2.14 Bn
9 Cheniere Energy 56.08 Bn 54.82 Bn 5.29 Bn
10 Teekay Tankers 3.09 Bn 1.79 Bn 312.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2022 -421,000.00
Mar 31, 2022 -421,000.00
Dec 31, 2021 -4.27 Mn
Dec 31, 2021 -4.27 Mn
Sep 30, 2021 900,000.00
Sep 30, 2021 900,000.00
Jun 30, 2021 85.00 Mn
Jun 30, 2021 85.00 Mn
Mar 31, 2021 -715,000.00
Mar 31, 2021 -715,000.00
Dec 31, 2020 21.90 Mn
Dec 31, 2020 21.90 Mn
Sep 30, 2020 43.50 Mn
Sep 30, 2020 43.50 Mn
Jun 30, 2020 2.90 Mn
Jun 30, 2020 2.90 Mn
Mar 31, 2020 -3.09 Mn
Mar 31, 2020 -3.09 Mn
Jun 30, 2018 -880,000.00
Jun 30, 2018 -880,000.00