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| Date | Value |
|---|---|
| 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 |