Teekay Tankers (TNK) Capital Leases (2017 - 2023)
Teekay Tankers (TNK) posted quarterly 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 reported Capital Leases for 7 consecutive years, with $119.1 million the latest figure, recorded in 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 retreated to $119.1 million in Q4 2023 per TNK's latest filing, from $124.2 million in the prior quarter.
- Across five years, Capital Leases topped out at $502.9 million in Q2 2022 and bottomed at $119.1 million in Q4 2023.
- Historically, Capital Leases has averaged $317.8 million across 5 years, with a median of $359.2 million in 2019.
- Annual changes were most pronounced in 2022 — Capital Leases jumped 229.12% — and 2023, when it plunged 74.8%.
- Teekay Tankers' Capital Leases 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.
- 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | Teekay Tankers | 3.09 Bn | 1.78 Bn | 312.20 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 |