Teekay Tankers (TNK) Capital Leases (2017 - 2023)

Teekay Tankers (TNK) reported Capital Leases of $119.1 million for Q4 2023, down 74.8% year-over-year from $472.6 million in Q4 2022, and down 4.13% quarter-over-quarter from $124.2 million in Q3 2023.

Teekay Tankers (TNK) Capital Leases (2017 - 2023) Analysis & Trends

Teekay Tankers (TNK) has 7 years of Capital Leases data on file, last reported at $119.1 million in Q4 2023.

  • Capital Leases for Q4 2023 came in at $119.1 million, down 74.8% year-over-year; the trailing twelve-month figure through Dec 2023 was $119.1 million (down 74.8% YoY), and the FY2023 annual result was $119.1 million, down 74.8% from the prior year.
  • Capital Leases eased to $119.1 million in Q4 2023 per TNK's latest filing, from $124.2 million in the prior quarter.
  • Over five years, Capital Leases peaked at $502.9 million in Q2 2022 and troughed at $119.1 million in Q4 2023.
  • A 5-year average of $317.8 million and a median of $359.2 million in 2019 frame the typical range for Capital Leases.
  • The sharpest annual moves came in 2022 and 2023: Capital Leases jumped 229.12% in 2022, then plunged 74.8% in 2023.
  • A 5-year view of Capital Leases shows it stood at $389.4 million in 2019, then dropped by 27.7% to $281.6 million in 2020, then retreated by 5.01% to $267.4 million in 2021, then surged by 76.71% to $472.6 million in 2022, then sank by 74.8% to $119.1 million in 2023.
  • Business Quant data shows TNK's Capital Leases at $119.1 million in Q4 2023, $124.2 million in Q3 2023, and $179.5 million in Q2 2023.

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
Dec 31, 2023 119.08 Mn
Sep 30, 2023 124.22 Mn
Jun 30, 2023 179.55 Mn
Mar 31, 2023 316.73 Mn
Dec 31, 2022 472.60 Mn
Sep 30, 2022 487.78 Mn
Jun 30, 2022 502.87 Mn
Mar 31, 2022 415.53 Mn
Dec 31, 2021 267.45 Mn
Sep 30, 2021 213.81 Mn
Jun 30, 2021 152.79 Mn
Mar 31, 2021 155.80 Mn
Dec 31, 2020 281.57 Mn
Sep 30, 2020 369.28 Mn
Jun 30, 2020 376.24 Mn
Mar 31, 2020 382.91 Mn
Dec 31, 2019 389.43 Mn
Sep 30, 2019 396.06 Mn
Jun 30, 2019 402.54 Mn
Mar 31, 2019 349.14 Mn