Teekay Tankers (TNK) Short-Term Debt issuances (2016 - 2023)

Teekay Tankers (TNK) has reported Short-Term Debt issuances for 7 consecutive years, with $25.0 million the latest figure, recorded in Q2 2023.

• On a quarterly basis, Short-Term Debt issuances fell 50.98% year-over-year to $25.0 million in Q2 2023; TTM through Dec 2023 was $50.0 million, a 62.69% decrease from a year earlier, with the FY2023 full-year figure at $50.0 million, down 62.69% from the prior year.
• Short-Term Debt issuances was $25.0 million for Q2 2023 at Teekay Tankers, roughly flat from $25.0 million in the prior quarter.
• Over five years, Short-Term Debt issuances peaked at $135.0 million in Q1 2020 and troughed at $10.0 million in Q1 2021.
• A 5-year average of $41.8 million and a median of $30.0 million in 2019 frame the typical range for Short-Term Debt issuances.
• Across the five-year window, Short-Term Debt issuances plunged 92.59% in 2021 and jumped 500.0% in 2022, its largest moves.
• Over 5 years, Short-Term Debt issuances stood at $75.0 million in 2019, then slumped by 60.0% to $30.0 million in 2020, then slumped by 50.0% to $15.0 million in 2021, then surged by 300.0% to $60.0 million in 2022, then tumbled by 58.33% to $25.0 million in 2023.
• The last three Short-Term Debt issuances figures came in at $25.0 million (Q2 2023), $25.0 million (Q1 2023), and $60.0 million (Q3 2022), per Business Quant data.