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

Teekay Tankers' (TNK) quarterly Asset Writedowns and Impairment came in at -$1.4 million in Q2 2022, down 63.6% year-on-year from -$3.7 million in Q2 2021, and down 221.38% on a QoQ basis from -$421000.0 in Q1 2022.

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

Teekay Tankers (TNK) has 9 years of Asset Writedowns and Impairment data on file, last reported at -$1.4 million in Q2 2022.

  • On a quarterly basis, Asset Writedowns and Impairment fell 63.6% year-over-year to -$1.4 million in Q2 2022; TTM through Jun 2022 was -$6.8 million, a 366.67% decrease from a year earlier, with the FY2021 full-year figure at $85.0 million, up 29.97% from the prior year.
  • Asset Writedowns and Impairment for Q2 2022 stood at -$1.4 million, down from -$421000.0 in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for TNK reached as high as $2.9 million in Q2 2020 and fell as low as -$4.3 million in Q4 2021.
  • Historically, Asset Writedowns and Impairment has averaged -$765071.4 across 5 years, with a median of -$595000.0 in 2018.
  • On a YoY basis, Asset Writedowns and Impairment climbed as much as 123.16% in 2021 and fell as far as 609.3% in 2021.
  • Year by year, Asset Writedowns and Impairment stood at -$588000.0 in 2018, then grew by 5.78% to -$554000.0 in 2019, then fell by 8.66% to -$602000.0 in 2020, then plunged by 609.3% to -$4.3 million in 2021, then jumped by 68.31% to -$1.4 million in 2022.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$1.4 million in Q2 2022, -$421000.0 in Q1 2022, and -$4.3 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,972.58 Bn 2,972.45 Bn 167.16 Mn
2 Flex LNG 1,664.69 Bn 1,664.30 Bn 61.79 Mn
3 Enbridge 121.01 Bn 119.69 Bn 6.70 Bn
4 Kinder Morgan 113.36 Bn 113.24 Bn 3.07 Bn
5 Enterprise Products Partners 82.85 Bn 81.65 Bn -
6 Tc Energy 71.16 Bn 65.46 Bn 1.36 Bn
7 Energy Transfer 69.17 Bn 68.19 Bn 6.62 Bn
8 Mplx 59.55 Bn 58.04 Bn 1.95 Bn
9 Targa Resources 58.29 Bn 58.19 Bn 1.70 Bn
10 Teekay Tankers 2.65 Bn -32.27 Bn 224.88 Mn

Historic Data

Download Data
DateValue
Jun 30, 2022 -1.35 Mn
Jun 30, 2022 -1.35 Mn
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 -802,000.00
Sep 30, 2021 -802,000.00
Jun 30, 2021 -827,000.00
Jun 30, 2021 -827,000.00
Mar 31, 2021 715,000.00
Mar 31, 2021 715,000.00
Dec 31, 2020 -602,000.00
Dec 31, 2020 -602,000.00
Sep 30, 2020 -753,000.00
Sep 30, 2020 -753,000.00
Jun 30, 2020 2.90 Mn
Jun 30, 2020 2.90 Mn
Mar 31, 2020 -3.09 Mn
Mar 31, 2020 -3.09 Mn