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Teekay Tankers (TNK) Debt Ratio (2016 - 2021)

Teekay Tankers (TNK) has disclosed Debt Ratio for 11 consecutive years, with 0.13 as the latest value for Q4 2020.

  • On a quarterly basis, Debt Ratio fell 47.59% to 0.13 in Q4 2020 year-over-year; TTM through Dec 2020 was 0.13, a 47.59% decrease, with the full-year FY2020 number at 0.13, down 47.59% from a year prior.
  • Debt Ratio was 0.13 for Q4 2020 at Teekay Tankers, down from 0.25 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.39 in Q4 2016 to a low of 0.13 in Q4 2020.
  • A 5-year average of 0.28 and a median of 0.29 in 2018 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: dropped 7.97% in 2017, then crashed 47.59% in 2020.
  • Teekay Tankers' Debt Ratio stood at 0.39 in 2016, then dropped by 7.97% to 0.36 in 2017, then decreased by 18.56% to 0.29 in 2018, then dropped by 13.78% to 0.25 in 2019, then crashed by 47.59% to 0.13 in 2020.
  • Per Business Quant, the three most recent readings for TNK's Debt Ratio are 0.13 (Q4 2020), 0.25 (Q4 2019), and 0.29 (Q4 2018).