Teekay Tankers (TNK) Capital Leases (2017 - 2023)
Teekay Tankers' (TNK) quarterly Capital Leases came in at $119.1 million in Q4 2023, down 74.8% year-on-year from $472.6 million in Q4 2022, and down 4.13% sequentially from $124.2 million in Q3 2023.
Teekay Tankers (TNK) Capital Leases (2017 - 2023) Analysis & Trends
Teekay Tankers' Capital Leases history runs 7 years deep, the most recent figure standing at $119.1 million for Q4 2023.
- In Q4 2023, Capital Leases fell 74.8% year-over-year to $119.1 million; the TTM figure through Dec 2023 stood at $119.1 million (down 74.8% YoY), while the FY2023 annual figure was $119.1 million, down 74.8% from the prior year.
- Capital Leases came in at $119.1 million for Q4 2023 at Teekay Tankers, down 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.
- The 5-year median for Capital Leases is $359.2 million (2019), against an average of $317.8 million.
- The widest annual swing landed in 2022, when Capital Leases surged 229.12%; it then sank 74.8% in 2023.
- A 5-year view of Capital Leases shows it stood at $389.4 million in 2019, then declined by 27.7% to $281.6 million in 2020, then decreased by 5.01% to $267.4 million in 2021, then soared by 76.71% to $472.6 million in 2022, then slumped by 74.8% to $119.1 million in 2023.
- Per Business Quant data, the three most recent Capital Leases figures were $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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Teekay Tankers | - | - | 224.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |