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

Teekay Tankers (TNK) has 15 years of Debt Ratio data on file, last reported at 0.02 in Q2 2023.

• On a quarterly basis, Debt Ratio fell 44.07% year-over-year to 0.02 in Q2 2023; TTM through Jun 2023 was 0.02, a 44.07% decrease from a year earlier, with the FY2022 full-year figure at 33.54, down 16560.56% from the prior year.
• Debt Ratio for Q2 2023 stood at 0.02, up from 22.59 in the prior quarter.
• Over the last five years, Debt Ratio for TNK reached as high as 0.31 in Q1 2019 and fell as low as 33.54 in Q4 2022.
• Historically, Debt Ratio has averaged 2.96 across 5 years, with a median of 0.16 in 2021.
• Across the five-year window, Debt Ratio soared 103.45% in 2021 and tumbled 29578.45% in 2023, its largest moves.
• Year by year, Debt Ratio stood at 0.25 in 2019, then sank by 45.06% to 0.14 in 2020, then jumped by 47.71% to 0.2 in 2021, then sank by 16560.56% to 33.54 in 2022, then surged by 100.05% to 0.02 in 2023.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.02 in Q2 2023, 22.59 in Q1 2023, and 33.54 in Q4 2022.