Growth Metrics

Teekay Tankers (TNK) Debt to Equity (2016 - 2021)

Teekay Tankers has reported Debt to Equity over the past 12 years, most recently at $0.39 for Q4 2021.

  • For Q4 2021, Debt to Equity rose 72.71% year-over-year to $0.39; the TTM value through Dec 2021 reached $0.39, up 72.71%, while the annual FY2021 figure was $0.39, 72.71% up from the prior year.
  • Debt to Equity was $0.39 for Q4 2021 at Teekay Tankers, up from $0.23 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.95 in Q4 2017 and bottomed at $0.23 in Q4 2020.
  • The 5-year median for Debt to Equity is $0.57 (2019), against an average of $0.56.
  • Year-over-year, Debt to Equity plummeted 60.62% in 2020 and then surged 72.71% in 2021.
  • Over 5 years, Debt to Equity stood at $0.95 in 2017, then dropped by 29.77% to $0.66 in 2018, then dropped by 13.93% to $0.57 in 2019, then tumbled by 60.62% to $0.23 in 2020, then surged by 72.71% to $0.39 in 2021.
  • The last three reported values for Debt to Equity were $0.39 (Q4 2021), $0.23 (Q4 2020), and $0.57 (Q4 2019) per Business Quant data.