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
DateValue
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