Teekay Tankers (TNK) Debt Ratio (2009 - 2023)

Teekay Tankers' Debt Ratio history runs 15 years deep, the most recent figure standing at 0.02 for Q2 2023.

• In Q2 2023, Debt Ratio fell 44.07% year-over-year to 0.02; the TTM figure through Jun 2023 stood at 0.02 (down 44.07% YoY), while the FY2022 annual figure was 0.19, down 4.95% from the prior year.
• Debt Ratio came in at 0.02 for Q2 2023 at Teekay Tankers, down from 0.1 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.38 in Q1 2022 and troughed at 0.02 in Q2 2023.
• The 5-year median for Debt Ratio is 0.21 (2020), against an average of 0.21.
• The widest annual swing landed in 2021, when Debt Ratio surged 223.03%; it then slumped 91.26% in 2022.
• A 5-year view of Debt Ratio shows it stood at 0.25 in 2019, then slumped by 48.0% to 0.13 in 2020, then soared by 54.31% to 0.2 in 2021, then slipped by 4.95% to 0.19 in 2022, then slumped by 91.74% to 0.02 in 2023.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.02 in Q2 2023, 0.1 in Q1 2023, and 0.19 in Q4 2022.