Teekay Tankers (TNK) Debt to Equity (2009 - 2022)
Teekay Tankers (TNK) reported Debt to Equity of $0.32 for Q4 2022, down 18.66% year-over-year from $0.39 in Q4 2021, and down 18.66% quarter-over-quarter from $0.39 in Q4 2021.
Teekay Tankers (TNK) Debt to Equity (2009 - 2022) Analysis & Trends
Teekay Tankers (TNK) has 14 years of Debt to Equity data on file, last reported at $0.32 in Q4 2022.
- Debt to Equity for Q4 2022 came in at $0.32, down 18.66% year-over-year; the trailing twelve-month figure through Dec 2022 was $0.32 (down 18.66% YoY), and the FY2022 annual result was $0.32, down 18.66% from the prior year.
- Debt to Equity declined to $0.32 in Q4 2022 per TNK's latest filing, 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.
- A 5-year average of $0.43 and a median of $0.39 in 2021 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2020 and 2021: Debt to Equity tumbled 60.62% in 2020, then jumped 72.71% in 2021.
- A 5-year view of Debt to Equity shows it stood at $0.66 in 2018, then fell by 13.93% to $0.57 in 2019, then tumbled by 60.62% to $0.23 in 2020, then jumped by 72.71% to $0.39 in 2021, then declined by 18.66% to $0.32 in 2022.
- Business Quant data shows TNK's Debt to Equity at $0.32 in Q4 2022, $0.39 in Q4 2021, and $0.23 in Q4 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.66 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.12 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.02 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.01 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.79 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 5.85 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.71 |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 224.88 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.39 |
| Dec 31, 2020 | 0.23 |
| Dec 31, 2019 | 0.57 |
| Dec 31, 2018 | 0.66 |
| Dec 31, 2017 | 0.95 |
| Dec 31, 2016 | 1.00 |
| Dec 31, 2015 | 0.65 |
| Mar 31, 2015 | 1.41 |
| Dec 31, 2014 | 1.43 |
| Jun 30, 2014 | 1.95 |
| Dec 31, 2013 | 2.48 |
| Dec 31, 2012 | 0.43 |
| Dec 31, 2011 | 1.57 |
| Dec 31, 2010 | 2.01 |
| Dec 31, 2009 | 0.72 |