Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Assets AverageEnterprise ValueEquity AverageEquity RatioInventory AverageInvested Capital

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

Teekay Tankers (TNK) has disclosed Debt Ratio for 12 consecutive years, with 0.2 as the latest value for Q4 2021.

  • Quarterly Debt Ratio rose 54.31% to 0.2 in Q4 2021 from the year-ago period, while the trailing twelve-month figure was 0.2 through Dec 2021, up 54.31% year-over-year, with the annual reading at 0.2 for FY2021, 54.31% up from the prior year.
  • Debt Ratio for Q4 2021 was 0.2 at Teekay Tankers, up from 0.13 in the prior quarter.
  • The five-year high for Debt Ratio was 0.43 in Q4 2017, with the low at 0.13 in Q4 2020.
  • Average Debt Ratio over 5 years is 0.26, with a median of 0.25 recorded in 2019.
  • The sharpest move saw Debt Ratio plummeted 48.0% in 2020, then skyrocketed 54.31% in 2021.
  • Over 5 years, Debt Ratio stood at 0.43 in 2017, then crashed by 32.82% to 0.29 in 2018, then decreased by 12.78% to 0.25 in 2019, then crashed by 48.0% to 0.13 in 2020, then skyrocketed by 54.31% to 0.2 in 2021.
  • According to Business Quant data, Debt Ratio over the past three periods came in at 0.2, 0.13, and 0.25 for Q4 2021, Q4 2020, and Q4 2019 respectively.