Teekay Tankers (TNK) Debt to Equity (2009 - 2023)

Teekay Tankers' (TNK) quarterly Debt to Equity came in at $0.32 in Q4 2022, down 18.66% year-on-year from $0.39 in Q4 2021, and down 18.66% sequentially from $0.39 in Q4 2021.

Teekay Tankers (TNK) Debt to Equity (2009 - 2023) Analysis & Trends

Teekay Tankers' Debt to Equity history runs 14 years deep, the most recent figure standing at $0.32 for Q4 2022.

  • In Q4 2022, Debt to Equity fell 18.66% year-over-year to $0.32; the TTM figure through Dec 2022 stood at $0.32 (down 18.66% YoY), while the FY2022 annual figure was $0.32, down 18.66% from the prior year.
  • Debt to Equity came in at $0.32 for Q4 2022 at Teekay Tankers, down from $0.39 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.66 in Q4 2018 and troughed at $0.23 in Q4 2020.
  • The 5-year median for Debt to Equity is $0.39 (2021), against an average of $0.43.
  • The widest annual swing landed in 2020, when Debt to Equity plunged 60.62%; it then surged 72.71% in 2021.
  • A 5-year view of Debt to Equity shows it stood at $0.66 in 2018, then retreated by 13.93% to $0.57 in 2019, then plunged by 60.62% to $0.23 in 2020, then surged by 72.71% to $0.39 in 2021, then fell by 18.66% to $0.32 in 2022.
  • Per Business Quant data, the three most recent Debt to Equity figures were $0.32 in Q4 2022, $0.39 in Q4 2021, and $0.23 in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.66
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.02
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.12
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.01
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 5.85
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.79
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 182.28
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.41
10 Teekay Tankers - - 224.88 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 0.02
Mar 31, 2023 -33.50
Dec 31, 2022 -54.79
Sep 30, 2022 0.55
Jun 30, 2022 0.05
Mar 31, 2022 0.15
Dec 31, 2021 0.39
Sep 30, 2021 0.43
Jun 30, 2021 0.32
Mar 31, 2021 0.21
Dec 31, 2020 0.23
Sep 30, 2020 0.19
Jun 30, 2020 0.26
Mar 31, 2020 0.43
Dec 31, 2019 0.57
Sep 30, 2019 0.66
Jun 30, 2019 0.63
Mar 31, 2019 0.72
Dec 31, 2018 0.66
Sep 30, 2018 0.86