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| 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 |