Teekay Tankers (TNK) Asset Writedowns and Impairment (2016 - 2022)

Teekay Tankers (TNK) reported Asset Writedowns and Impairment of $421000.0 for Q1 2022, down 41.12% year-over-year from $715000.0 in Q1 2021, and up 109.86% quarter-over-quarter from -$4.3 million in Q4 2021.

Teekay Tankers (TNK) Asset Writedowns and Impairment (2016 - 2022) Analysis & Trends

Teekay Tankers (TNK) has 4 years of Asset Writedowns and Impairment data on file, last reported at $421000.0 in Q1 2022.

  • Asset Writedowns and Impairment for Q1 2022 came in at $421000.0, down 41.12% year-over-year; the trailing twelve-month figure through Mar 2022 was -$238000.0 (down 102.87% YoY), and the FY2021 annual result was $85.0 million, up 29.97% from the prior year.
  • Asset Writedowns and Impairment grew to $421000.0 in Q1 2022 per TNK's latest filing, from -$4.3 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $2.9 million in Q2 2020 and troughed at -$4.3 million in Q4 2021.
  • A 3-year average of -$665000.0 and a median of $421000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment surged 123.16% in 2021, then sank 41.12% in 2022.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $2.9 million in 2020, then tumbled by 247.44% to -$4.3 million in 2021, then jumped by 109.86% 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 $715000.0 in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Teekay Tankers 317,930.60 -995.83 Mn 224.88 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
Mar 31, 2021 715,000.00
Mar 31, 2021 715,000.00
Jun 30, 2020 2.90 Mn
Jun 30, 2020 2.90 Mn
Mar 31, 2020 -3.09 Mn
Mar 31, 2020 -3.09 Mn
Sep 30, 2016 7.77 Mn
Sep 30, 2016 7.77 Mn
Jun 30, 2016 -6.42 Mn
Jun 30, 2016 -6.42 Mn