Growth Metrics

Teekay Tankers (TNK) Debt to Equity (2016 - 2020)

Historic Debt to Equity for Teekay Tankers (TNK) over the last 13 years, with Q4 2021 value amounting to $0.39.

  • Teekay Tankers' Debt to Equity rose 7270.66% to $0.39 in Q4 2021 from the same period last year, while for Dec 2021 it was $0.39, marking a year-over-year increase of 7270.66%. This contributed to the annual value of $0.39 for FY2021, which is 7270.66% up from last year.
  • As of Q4 2021, Teekay Tankers' Debt to Equity stood at $0.39, which was up 7270.66% from $0.23 recorded in Q4 2020.
  • In the past 5 years, Teekay Tankers' Debt to Equity registered a high of $1.94 during Q2 2017, and its lowest value of $0.23 during Q4 2020.
  • For the 5-year period, Teekay Tankers' Debt to Equity averaged around $0.81, with its median value being $0.67 (2018).
  • Per our database at Business Quant, Teekay Tankers' Debt to Equity plummeted by 6062.17% in 2020 and then skyrocketed by 7270.66% in 2021.
  • Quarter analysis of 5 years shows Teekay Tankers' Debt to Equity stood at $0.95 in 2017, then fell by 17.91% to $0.78 in 2018, then fell by 26.36% to $0.57 in 2019, then tumbled by 60.62% to $0.23 in 2020, then skyrocketed by 72.71% to $0.39 in 2021.
  • Its Debt to Equity stands at $0.39 for Q4 2021, versus $0.23 for Q4 2020 and $0.57 for Q4 2019.