Teekay Tankers (TNK) Change in Working Capital (2009 - 2013)
Teekay Tankers (TNK) reported Change in Working Capital of -$3.5 million for Q1 2013, up 61.18% year-over-year from -$2.1 million in Q1 2012, and down 89.84% quarter-over-quarter from -$1.8 million in Q4 2012.
Teekay Tankers (TNK) Change in Working Capital (2009 - 2013) Analysis & Trends
Teekay Tankers (TNK) has 5 years of Change in Working Capital data on file, last reported at -$3.5 million in Q1 2013.
- Change in Working Capital for Q1 2013 came in at -$3.5 million, up 61.18% year-over-year; the trailing twelve-month figure through Mar 2013 was -$24.5 million (up 61.72% YoY), and the FY2012 annual result was -$30.0 million, up 56.31% from the prior year.
- Change in Working Capital slipped to -$3.5 million in Q1 2013 per TNK's latest filing, from -$1.8 million in the prior quarter.
- Over five years, Change in Working Capital peaked at $2.6 million in Q4 2010 and troughed at -$23.0 million in Q3 2011.
- A 5-year average of -$7.6 million and a median of -$8.0 million in 2012 frame the typical range for Change in Working Capital.
- The sharpest annual moves came in 2011 and 2012: Change in Working Capital soared 80.96% in 2011, then slumped 801.42% in 2012.
- A 5-year view of Change in Working Capital shows it stood at $2.4 million in 2009, then rose by 9.36% to $2.6 million in 2010, then tumbled by 452.13% to -$9.3 million in 2011, then jumped by 80.34% to -$1.8 million in 2012, then sank by 89.84% to -$3.5 million in 2013.
- Business Quant data shows TNK's Change in Working Capital at -$3.5 million in Q1 2013, -$1.8 million in Q4 2012, and -$8.0 million in Q3 2012.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.85 Bn | 90.55 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.59 Bn | 79.44 Bn | - | - |
| 3 | Kinder Morgan | 70.78 Bn | 71.86 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.32 Bn | 64.60 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 61.31 Bn | 60.32 Bn | - | - |
| 6 | Targa Resources | 58.52 Bn | 58.55 Bn | 1.70 Bn | - |
| 7 | Mplx | 57.50 Bn | 55.99 Bn | 2.54 Bn | - |
| 8 | Oneok | 57.00 Bn | 56.87 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 51.73 Bn | 52.93 Bn | 2.95 Bn | - |
| 10 | Teekay Tankers | 333,798.39 | -995.82 Mn | 224.88 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2013 | -3.46 Mn |
| Mar 31, 2013 | -3.46 Mn |
| Dec 31, 2012 | -1.82 Mn |
| Dec 31, 2012 | -1.82 Mn |
| Sep 30, 2012 | -8.02 Mn |
| Sep 30, 2012 | -8.02 Mn |
| Jun 30, 2012 | -11.24 Mn |
| Jun 30, 2012 | -11.24 Mn |
| Mar 31, 2012 | -8.91 Mn |
| Mar 31, 2012 | -8.91 Mn |
| Dec 31, 2011 | -9.26 Mn |
| Dec 31, 2011 | -9.26 Mn |
| Sep 30, 2011 | -22.97 Mn |
| Sep 30, 2011 | -22.97 Mn |
| Jun 30, 2011 | -22.95 Mn |
| Jun 30, 2011 | -22.95 Mn |
| Mar 31, 2011 | -988,000.00 |
| Mar 31, 2011 | -988,000.00 |
| Dec 31, 2010 | 2.63 Mn |
| Dec 31, 2010 | 2.63 Mn |