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.

• Debt Ratio for Q2 2023 came in at 0.02, down 95.38% year-over-year; the trailing twelve-month figure through Jun 2023 was 0.02 (down 95.38% YoY), and the FY2022 annual result was 0.19, down 4.95% from the prior year.
• Debt Ratio eased to 0.02 in Q2 2023 per TNK's latest filing, from 0.1 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.36 in Q3 2021 and troughed at 0.02 in Q2 2023.
• A 5-year average of 0.23 and a median of 0.26 in 2019 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio soared 95.11% in 2022, then sank 95.38% in 2023.
• A 5-year view of Debt Ratio shows it stood at 0.25 in 2019, then sank by 48.0% to 0.13 in 2020, then surged by 54.31% to 0.2 in 2021, then decreased by 4.95% to 0.19 in 2022, then sank by 91.74% to 0.02 in 2023.
• Business Quant data shows TNK's Debt Ratio at 0.02 in Q2 2023, 0.1 in Q1 2023, and 0.19 in Q4 2022.