TNK
Price:
$74.45
Market Cap:
$2.58B
Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a subs...[Read more]
Industry
Marine Shipping
IPO Date
2007-12-13
Stock Exchange
NYSE
Ticker
TNK
According to Teekay Tankers Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 9.40. This represents a change of 10.49% compared to the average of 8.51 of the last 4 quarters.
The mean historical Current Ratio of Teekay Tankers Ltd. over the last ten years is 2.74. The current 9.40 Current Ratio has changed 34.19% with respect to the historical average. Over the past ten years (40 quarters), TNK's Current Ratio was at its highest in in the March 2026 quarter at 9.40. The Current Ratio was at its lowest in in the September 2017 quarter at 0.67.
Average
2.74
Median
1.53
Minimum
0.75
Maximum
7.98
Discovering the peaks and valleys of Teekay Tankers Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 72.85%
Maximum Annual Current Ratio = 7.98
Minimum Annual Increase = -17.93%
Minimum Annual Current Ratio = 0.75
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 7.98 | 40.86% |
| 2024 | 5.66 | 42.70% |
| 2023 | 3.97 | 47.00% |
| 2022 | 2.70 | 72.85% |
| 2021 | 1.56 | 25.48% |
| 2020 | 1.24 | -16.50% |
| 2019 | 1.49 | 30.70% |
| 2018 | 1.14 | 52.83% |
| 2017 | 0.75 | -17.93% |
| 2016 | 0.91 | -9.19% |
The current Current Ratio of Teekay Tankers Ltd. (TNK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.87
5-year avg
4.38
10-year avg
2.74
Teekay Tankers Ltd.’s Current Ratio is greater than TORM plc (1.40), greater than DHT Holdings, Inc. (1.83), greater than Northern Oil and Gas, Inc. (0.53), greater than Genesis Energy, L.P. (0.98), greater than Cosan S.A. (1.87), greater than International Seaways, Inc. (7.34), greater than Delek Logistics Partners, LP (0.96), greater than SM Energy Company (0.39), greater than Seadrill Limited (1.94), greater than Par Pacific Holdings, Inc. (1.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.40 | $3.01B | |
| 1.83 | $3.04B | |
| 0.53 | $2.11B | |
| 0.98 | $1.77B | |
| 1.87 | $2.61B | |
| 7.34 | $4.18B | |
| 0.96 | $2.68B | |
| 0.39 | $6.51B | |
| 1.94 | $2.41B | |
| 1.62 | $2.55B |
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