Growth Metrics

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

Teekay Tankers has reported Debt Ratio over the past 12 years, most recently at 0.2 for Q4 2021.

  • For Q4 2021, Debt Ratio rose 54.31% year-over-year to 0.2; the TTM value through Dec 2021 reached 0.2, up 54.31%, while the annual FY2021 figure was 0.2, 54.31% up from the prior year.
  • Debt Ratio was 0.2 for Q4 2021 at Teekay Tankers, up from 0.13 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.43 in Q4 2017 and bottomed at 0.13 in Q4 2020.
  • The 5-year median for Debt Ratio is 0.25 (2019), against an average of 0.26.
  • Year-over-year, Debt Ratio plummeted 48.0% in 2020 and then skyrocketed 54.31% in 2021.
  • Over 5 years, Debt Ratio stood at 0.43 in 2017, then tumbled by 32.82% to 0.29 in 2018, then dropped by 12.78% to 0.25 in 2019, then tumbled by 48.0% to 0.13 in 2020, then soared by 54.31% to 0.2 in 2021.
  • The last three reported values for Debt Ratio were 0.2 (Q4 2021), 0.13 (Q4 2020), and 0.25 (Q4 2019) per Business Quant data.