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% on a QoQ basis 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.

  • On a quarterly basis, Capital Leases fell 74.8% year-over-year to $119.1 million in Q4 2023; TTM through Dec 2023 was $119.1 million, a 74.8% decrease from a year earlier, with the FY2023 full-year figure at $119.1 million, down 74.8% from the prior year.
  • Capital Leases for Q4 2023 stood at $119.1 million, down from $124.2 million in the prior quarter.
  • Over the last five years, Capital Leases for TNK reached as high as $502.9 million in Q2 2022 and fell as low as $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.
  • Across the five-year window, Capital Leases surged 229.12% in 2022 and slumped 74.8% in 2023, its largest moves.
  • Year by year, Capital Leases stood at $389.4 million in 2019, then retreated by 27.7% to $281.6 million in 2020, then dropped by 5.01% to $267.4 million in 2021, then surged 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 DHT Holdings 2,929.10 Bn 2,928.98 Bn 167.16 Mn
2 Flex LNG 1,639.54 Bn 1,639.15 Bn 61.79 Mn
3 Enbridge 121.23 Bn 119.90 Bn 6.70 Bn
4 Kinder Morgan 112.45 Bn 112.33 Bn 3.07 Bn
5 Enterprise Products Partners 82.86 Bn 81.67 Bn -
6 Tc Energy 71.30 Bn 65.61 Bn 1.36 Bn
7 Energy Transfer 69.01 Bn 68.04 Bn 6.62 Bn
8 Mplx 59.53 Bn 58.02 Bn 1.95 Bn
9 Targa Resources 58.19 Bn 58.09 Bn 1.70 Bn
10 Teekay Tankers 2.61 Bn -32.31 Bn 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