Teekay Tankers (TNK) Debt to Equity (2016 - 2021)
Teekay Tankers (TNK) has disclosed Debt to Equity for 12 consecutive years, with $0.39 as the latest value for Q4 2021.
- Quarterly Debt to Equity rose 72.71% to $0.39 in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $0.39 through Dec 2021, up 72.71% year-over-year, with the annual reading at $0.39 for FY2021, 72.71% up from the prior year.
- Debt to Equity for Q4 2021 was $0.39 at Teekay Tankers, up from $0.23 in the prior quarter.
- The five-year high for Debt to Equity was $0.95 in Q4 2017, with the low at $0.23 in Q4 2020.
- Average Debt to Equity over 5 years is $0.56, with a median of $0.57 recorded in 2019.
- The sharpest move saw Debt to Equity plummeted 60.62% in 2020, then surged 72.71% in 2021.
- Over 5 years, Debt to Equity stood at $0.95 in 2017, then decreased by 29.77% to $0.66 in 2018, then decreased by 13.93% to $0.57 in 2019, then crashed by 60.62% to $0.23 in 2020, then soared by 72.71% to $0.39 in 2021.
- According to Business Quant data, Debt to Equity over the past three periods came in at $0.39, $0.23, and $0.57 for Q4 2021, Q4 2020, and Q4 2019 respectively.