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
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