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| 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 |