Growth Metrics

Teekay Tankers (TNK) Debt Ratio (2016 - 2020)

Historic Debt Ratio for Teekay Tankers (TNK) over the last 14 years, with Q3 2022 value amounting to 0.01.

  • Teekay Tankers' Debt Ratio fell 9401.07% to 0.01 in Q3 2022 from the same period last year, while for Sep 2022 it was 0.01, marking a year-over-year decrease of 9401.07%. This contributed to the annual value of 0.2 for FY2021, which is 5431.15% up from last year.
  • According to the latest figures from Q3 2022, Teekay Tankers' Debt Ratio is 0.01, which was down 9401.07% from 0.03 recorded in Q2 2022.
  • In the past 5 years, Teekay Tankers' Debt Ratio registered a high of 0.44 during Q1 2018, and its lowest value of 0.01 during Q3 2022.
  • Moreover, its 5-year median value for Debt Ratio was 0.21 (2020), whereas its average is 0.22.
  • Per our database at Business Quant, Teekay Tankers' Debt Ratio skyrocketed by 10345.41% in 2021 and then tumbled by 9401.07% in 2022.
  • Over the past 5 years, Teekay Tankers' Debt Ratio (Quarter) stood at 0.34 in 2018, then dropped by 25.38% to 0.25 in 2019, then tumbled by 48.0% to 0.13 in 2020, then skyrocketed by 54.31% to 0.2 in 2021, then crashed by 93.27% to 0.01 in 2022.
  • Its Debt Ratio was 0.01 in Q3 2022, compared to 0.03 in Q2 2022 and 0.08 in Q1 2022.