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

Teekay Tankers (TNK) has disclosed Debt to Equity for 11 consecutive years, with $0.22 as the latest value for Q4 2020.

  • On a quarterly basis, Debt to Equity fell 60.31% to $0.22 in Q4 2020 year-over-year; TTM through Dec 2020 was $0.22, a 60.31% decrease, with the full-year FY2020 number at $0.22, down 60.31% from a year prior.
  • Debt to Equity was $0.22 for Q4 2020 at Teekay Tankers, down from $0.57 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.82 in Q4 2016 to a low of $0.22 in Q4 2020.
  • A 5-year average of $0.61 and a median of $0.66 in 2018 define the central range for Debt to Equity.
  • Peak YoY movement for Debt to Equity: decreased 4.61% in 2017, then plummeted 60.31% in 2020.
  • Teekay Tankers' Debt to Equity stood at $0.82 in 2016, then fell by 4.61% to $0.78 in 2017, then dropped by 14.85% to $0.66 in 2018, then dropped by 14.92% to $0.57 in 2019, then tumbled by 60.31% to $0.22 in 2020.
  • Per Business Quant, the three most recent readings for TNK's Debt to Equity are $0.22 (Q4 2020), $0.57 (Q4 2019), and $0.66 (Q4 2018).