Teekay Debt Ratio from 2010 to 2024

TK Stock  USD 7.51  0.19  2.60%   
Teekay Debt Ratio yearly trend continues to be quite stable with very little volatility. The value of Debt Ratio is projected to decrease to 0.09. From the period between 2010 and 2024, Teekay, Debt Ratio regression line of its data series had standard deviation of  0.20 and standard deviation of  0.20. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.09695018
Current Value
0.0921
Quarterly Volatility
0.19844968
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teekay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teekay main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.7 M, Interest Expense of 26.6 M or Total Revenue of 1.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0088 or PTB Ratio of 1.33. Teekay financial statements analysis is a perfect complement when working with Teekay Valuation or Volatility modules.
  
This module can also supplement Teekay's financial leverage analysis and stock options assessment as well as various Teekay Technical models . Check out the analysis of Teekay Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

Latest Teekay's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Teekay over the last few years. It is Teekay's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teekay's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Teekay Debt Ratio Regression Statistics

Arithmetic Mean0.46
Geometric Mean0.39
Coefficient Of Variation42.79
Mean Deviation0.16
Median0.56
Standard Deviation0.20
Sample Variance0.04
Range0.5531
R-Value(0.78)
Mean Square Error0.02
R-Squared0.61
Significance0.0006
Slope(0.03)
Total Sum of Squares0.55

Teekay Debt Ratio History

2024 0.0921
2023 0.097
2022 0.28
2021 0.15
2018 0.6
2014 0.57
2013 0.58

Other Fundumenentals of Teekay

Teekay Debt Ratio component correlations

0.590.960.440.060.71.00.12-0.130.870.060.940.960.820.720.790.340.490.230.730.570.73-0.540.510.53
0.590.540.78-0.420.580.58-0.060.020.35-0.310.690.640.680.70.630.64-0.090.50.470.610.38-0.45-0.06-0.08
0.960.540.480.140.710.97-0.11-0.120.88-0.030.950.980.820.80.840.390.640.290.830.670.84-0.710.570.58
0.440.780.48-0.560.340.48-0.2-0.180.28-0.770.630.570.810.850.810.91-0.060.840.740.840.61-0.650.180.17
0.06-0.420.14-0.560.20.06-0.060.00.150.61-0.060.0-0.35-0.21-0.25-0.520.64-0.32-0.09-0.450.050.020.330.37
0.70.580.710.340.20.7-0.040.370.70.110.680.690.540.50.510.250.30.290.480.40.44-0.420.240.24
1.00.580.970.480.060.70.11-0.150.870.00.950.960.840.750.820.390.50.280.770.60.76-0.570.550.57
0.12-0.06-0.11-0.2-0.06-0.040.11-0.16-0.010.3-0.1-0.14-0.07-0.29-0.21-0.18-0.38-0.13-0.29-0.4-0.260.670.10.13
-0.130.02-0.12-0.180.00.37-0.15-0.160.10.19-0.15-0.12-0.12-0.28-0.17-0.27-0.2-0.04-0.26-0.06-0.340.1-0.31-0.34
0.870.350.880.280.150.70.87-0.010.10.060.780.830.670.620.70.160.570.180.640.540.69-0.590.480.5
0.06-0.31-0.03-0.770.610.110.00.30.190.06-0.15-0.1-0.45-0.53-0.5-0.70.2-0.75-0.52-0.63-0.370.510.070.08
0.940.690.950.63-0.060.680.95-0.1-0.150.78-0.150.980.910.820.890.520.420.370.820.690.75-0.710.450.46
0.960.640.980.570.00.690.96-0.14-0.120.83-0.10.980.870.820.880.440.520.310.820.710.79-0.720.460.47
0.820.680.820.81-0.350.540.84-0.07-0.120.67-0.450.910.870.850.960.710.210.590.870.840.76-0.70.460.45
0.720.70.80.85-0.210.50.75-0.29-0.280.62-0.530.820.820.850.930.750.420.680.920.890.89-0.840.410.42
0.790.630.840.81-0.250.510.82-0.21-0.170.7-0.50.890.880.960.930.670.380.630.940.870.85-0.820.470.47
0.340.640.390.91-0.520.250.39-0.18-0.270.16-0.70.520.440.710.750.67-0.050.790.690.790.62-0.560.340.3
0.49-0.090.64-0.060.640.30.5-0.38-0.20.570.20.420.520.210.420.38-0.05-0.050.540.260.69-0.560.50.54
0.230.50.290.84-0.320.290.28-0.13-0.040.18-0.750.370.310.590.680.630.79-0.050.640.620.52-0.510.280.27
0.730.470.830.74-0.090.480.77-0.29-0.260.64-0.520.820.820.870.920.940.690.540.640.860.95-0.840.570.58
0.570.610.670.84-0.450.40.6-0.4-0.060.54-0.630.690.710.840.890.870.790.260.620.860.81-0.80.340.3
0.730.380.840.610.050.440.76-0.26-0.340.69-0.370.750.790.760.890.850.620.690.520.950.81-0.80.660.67
-0.54-0.45-0.71-0.650.02-0.42-0.570.670.1-0.590.51-0.71-0.72-0.7-0.84-0.82-0.56-0.56-0.51-0.84-0.8-0.8-0.32-0.31
0.51-0.060.570.180.330.240.550.1-0.310.480.070.450.460.460.410.470.340.50.280.570.340.66-0.320.99
0.53-0.080.580.170.370.240.570.13-0.340.50.080.460.470.450.420.470.30.540.270.580.30.67-0.310.99
Click cells to compare fundamentals

About Teekay Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Teekay income statement, its balance sheet, and the statement of cash flows. Teekay investors use historical funamental indicators, such as Teekay's Debt Ratio, to determine how well the company is positioned to perform in the future. Although Teekay investors may use each financial statement separately, they are all related. The changes in Teekay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Teekay's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Teekay Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Teekay. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.1  0.09 
Cash Flow To Debt Ratio 2.80  2.94 

Currently Active Assets on Macroaxis

When determining whether Teekay is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Stock:
Check out the analysis of Teekay Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Teekay's price analysis, check to measure Teekay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teekay is operating at the current time. Most of Teekay's value examination focuses on studying past and present price action to predict the probability of Teekay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay's price. Additionally, you may evaluate how the addition of Teekay to your portfolios can decrease your overall portfolio volatility.
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Is Teekay's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
1.54
Revenue Per Share
15.505
Quarterly Revenue Growth
(0.14)
Return On Assets
0.1489
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay's market value can be influenced by many factors that don't directly affect Teekay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.