Teekay Tankers (TNK) Total Debt (2009 - 2023)

Teekay Tankers (TNK) reported Total Debt of $28.5 million for Q2 2023, down 94.95% year-over-year from $563.2 million in Q2 2022, and down 84.36% quarter-over-quarter from $181.9 million in Q1 2023.

Teekay Tankers (TNK) Total Debt (2009 - 2023) Analysis & Trends

Teekay Tankers (TNK) has 15 years of Total Debt data on file, last reported at $28.5 million in Q2 2023.

  • Total Debt for Q2 2023 came in at $28.5 million, down 94.95% year-over-year; the trailing twelve-month figure through Jun 2023 was $28.5 million (down 94.95% YoY), and the FY2022 annual result was $345.4 million, up 4.73% from the prior year.
  • Total Debt fell to $28.5 million in Q2 2023 per TNK's latest filing, from $181.9 million in the prior quarter.
  • Over five years, Total Debt peaked at $760.2 million in Q1 2020 and troughed at $28.5 million in Q2 2023.
  • A 5-year average of $432.1 million and a median of $510.8 million in 2020 frame the typical range for Total Debt.
  • The sharpest annual moves came in 2022 and 2023: Total Debt jumped 91.82% in 2022, then tumbled 94.95% in 2023.
  • A 5-year view of Total Debt shows it stood at $566.1 million in 2019, then sank by 57.08% to $243.0 million in 2020, then surged by 35.74% to $329.8 million in 2021, then climbed by 4.73% to $345.4 million in 2022, then plunged by 91.76% to $28.5 million in 2023.
  • Business Quant data shows TNK's Total Debt at $28.5 million in Q2 2023, $181.9 million in Q1 2023, and $345.4 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 78.78 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 33.91 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 32.06 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 69.34 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 581.22 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 25.63 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 19.13 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 32.01 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 33.55 Bn
10 Teekay Tankers 317,930.60 -995.83 Mn 224.88 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 28.45 Mn
Mar 31, 2023 181.87 Mn
Dec 31, 2022 345.40 Mn
Sep 30, 2022 508.59 Mn
Jun 30, 2022 563.19 Mn
Mar 31, 2022 121.32 Mn
Dec 31, 2021 329.79 Mn
Sep 30, 2021 599.41 Mn
Jun 30, 2021 293.60 Mn
Mar 31, 2021 517.17 Mn
Dec 31, 2020 242.96 Mn
Sep 30, 2020 513.10 Mn
Jun 30, 2020 312.94 Mn
Mar 31, 2020 760.19 Mn
Dec 31, 2019 566.11 Mn
Sep 30, 2019 608.96 Mn
Jun 30, 2019 593.23 Mn
Mar 31, 2019 691.31 Mn
Dec 31, 2018 629.17 Mn
Sep 30, 2018 807.08 Mn