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| Date | Value |
|---|---|
| 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 |