Teekay Historical Balance Sheet

TNK Stock  USD 55.42  1.01  1.86%   
Trend analysis of Teekay Tankers balance sheet accounts such as Total Stockholder Equity of 1.6 B, Property Plant And Equipment Net of 1.2 B, Accounts Payable of 41.6 M or Non Current Assets Total of 1.3 B provides information on Teekay Tankers' total assets, liabilities, and equity, which is the actual value of Teekay Tankers to its prevalent stockholders. By breaking down trends over time using Teekay Tankers balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Teekay Tankers latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Teekay Tankers is a good buy for the upcoming year.

Teekay Tankers Inventory

28.03 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

About Teekay Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Teekay Tankers at a specified time, usually calculated after every quarter, six months, or one year. Teekay Tankers Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Teekay Tankers and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Teekay currently owns. An asset can also be divided into two categories, current and non-current.

Teekay Tankers Balance Sheet Chart

At this time, Teekay Tankers' Non Currrent Assets Other are quite stable compared to the past year. Other Assets is expected to rise to about 9.9 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 1.2 B.

Total Assets

Total assets refers to the total amount of Teekay Tankers assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Teekay Tankers books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Teekay Tankers balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Teekay Tankers are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Teekay Tankers' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Teekay Tankers current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.At this time, Teekay Tankers' Non Currrent Assets Other are quite stable compared to the past year. Other Assets is expected to rise to about 9.9 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 1.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total654.0M576.2M215.9M205.1M
Total Assets1.6B1.8B1.9B1.5B

Teekay Tankers balance sheet Correlations

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0.61-0.230.64-0.130.70.970.340.73-0.2-0.480.80.260.110.990.260.290.990.48-0.360.650.56-0.16-0.64-0.61-0.62
-0.19-0.23-0.180.0-0.23-0.23-0.52-0.19-0.19-0.06-0.250.19-0.49-0.19-0.44-0.57-0.21-0.390.11-0.36-0.43-0.310.640.190.16
0.90.64-0.180.540.910.510.730.9-0.65-0.170.280.60.590.550.660.360.70.830.250.920.860.2-0.08-0.02-0.12
0.68-0.130.00.540.59-0.320.450.57-0.340.47-0.420.530.72-0.20.40.15-0.050.710.850.490.660.540.510.760.66
0.970.7-0.230.910.590.560.611.0-0.48-0.150.310.520.660.630.530.410.750.90.230.890.940.31-0.17-0.02-0.11
0.450.97-0.230.51-0.320.560.250.59-0.17-0.620.820.11-0.010.970.20.290.950.31-0.550.530.41-0.22-0.72-0.78-0.77
0.640.34-0.520.730.450.610.250.58-0.210.16-0.020.560.730.30.780.690.420.620.380.580.660.57-0.250.05-0.01
0.970.73-0.190.90.571.00.590.58-0.47-0.170.350.520.610.660.510.380.770.880.210.880.920.26-0.17-0.04-0.13
-0.42-0.2-0.19-0.65-0.34-0.48-0.17-0.21-0.470.32-0.01-0.27-0.24-0.1-0.28-0.03-0.23-0.41-0.02-0.61-0.430.19-0.29-0.010.14
0.01-0.48-0.06-0.170.47-0.15-0.620.16-0.170.32-0.460.290.26-0.47-0.060.05-0.440.070.76-0.22-0.010.320.320.80.81
0.210.8-0.250.28-0.420.310.82-0.020.35-0.01-0.46-0.2-0.290.780.05-0.120.740.21-0.560.450.27-0.52-0.6-0.6-0.54
0.670.260.190.60.530.520.110.560.52-0.270.29-0.20.520.250.310.280.350.460.60.330.440.40.170.290.21
0.730.11-0.490.590.720.66-0.010.730.61-0.240.26-0.290.520.060.650.630.190.790.530.520.770.8-0.060.30.23
0.550.99-0.190.55-0.20.630.970.30.66-0.1-0.470.780.250.060.20.290.980.39-0.390.540.47-0.13-0.67-0.65-0.64
0.550.26-0.440.660.40.530.20.780.51-0.28-0.060.050.310.650.20.370.320.580.260.570.60.53-0.21-0.01-0.07
0.40.29-0.570.360.150.410.290.690.38-0.030.05-0.120.280.630.290.370.340.340.00.270.40.58-0.53-0.23-0.27
0.680.99-0.210.7-0.050.750.950.420.77-0.23-0.440.740.350.190.980.320.340.52-0.280.670.6-0.07-0.6-0.56-0.58
0.920.48-0.390.830.710.90.310.620.88-0.410.070.210.460.790.390.580.340.520.40.860.990.42-0.050.220.15
0.4-0.360.110.250.850.23-0.550.380.21-0.020.76-0.560.60.53-0.390.260.0-0.280.40.120.320.510.580.890.87
0.830.65-0.360.920.490.890.530.580.88-0.61-0.220.450.330.520.540.570.270.670.860.120.910.04-0.16-0.04-0.13
0.930.56-0.430.860.660.940.410.660.92-0.43-0.010.270.440.770.470.60.40.60.990.320.910.38-0.140.120.04
0.4-0.16-0.310.20.540.31-0.220.570.260.190.32-0.520.40.8-0.130.530.58-0.070.420.510.040.38-0.010.290.26
-0.08-0.640.64-0.080.51-0.17-0.72-0.25-0.17-0.290.32-0.60.17-0.06-0.67-0.21-0.53-0.6-0.050.58-0.16-0.14-0.010.760.7
0.13-0.610.19-0.020.76-0.02-0.780.05-0.04-0.010.8-0.60.290.3-0.65-0.01-0.23-0.560.220.89-0.040.120.290.760.95
0.04-0.620.16-0.120.66-0.11-0.77-0.01-0.130.140.81-0.540.210.23-0.64-0.07-0.27-0.580.150.87-0.130.040.260.70.95
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Teekay Tankers Account Relationship Matchups

Teekay Tankers balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.2B1.8B1.6B1.8B1.9B1.5B
Short Long Term Debt Total1.0B617.0M654.0M576.2M215.9M205.1M
Other Current Liab11.6M4.9M1.8M3.6M53.0M55.7M
Total Current Liabilities288.3M197.1M157.1M170.2M139.3M141.2M
Total Stockholder Equity989.9M1.1B838.4M1.1B1.5B1.6B
Property Plant And Equipment Net1.8B1.6B1.4B1.3B1.2B1.2B
Net Debt955.2M519.8M603.5M395.7M(150.0M)(142.5M)
Accounts Payable139.3M86.1M67.4M89.8M29.9M41.6M
Non Current Assets Total1.8B1.6B1.4B1.3B1.3B1.3B
Non Currrent Assets Other5.4M4.0M5.2M8.2M6.0M6.1M
Other Assets5.4M4.0M5.2M8.2M9.4M9.9M
Long Term Debt785.6M629.2M516.1M232.1M304.8M0.0
Net Receivables211.8M68.1M89.8M202.1M170.1M92.6M
Common Stock Shares Outstanding33.7M33.9M33.9M34.3M34.6M18.7M
Liabilities And Stockholders Equity2.2B1.8B1.6B1.8B1.9B1.5B
Non Current Liabilities Total959.9M564.2M623.2M543.5M208.4M198.0M
Other Current Assets79.4M45.5M56.0M16.0M24.2M21.8M
Other Stockholder Equity605.7M680.8M1.1B838.4M1.1B0.0
Total Liab1.2B761.3M780.3M713.6M347.7M330.3M
Property Plant And Equipment Gross1.8B1.6B1.4B1.3B1.8B1.2B
Total Current Assets429.8M245.4M245.4M459.5M613.5M644.2M
Short Term Debt135.2M103.0M76.9M76.7M56.4M71.0M
Property Plant Equipment1.8B1.6B1.4B1.3B1.5B1.2B
Other Liab51.0M50.2M46.1M44.0M50.6M29.1M
Retained Earnings(307.6M)(220.3M)(462.7M)(233.6M)220.0M231.0M
Cash88.8M97.2M50.6M180.5M365.9M384.2M
Cash And Short Term Investments88.8M97.2M50.6M180.5M365.9M384.2M
Inventory49.8M34.6M49.0M60.8M53.2M28.0M
Common Stock1.3B1.3B1.3B1.3B1.3B978.6M
Current Deferred Revenue18.6M2.1M3.1M10.9M12.6M13.2M
Intangible Assets2.5M2.0M1.5M1.1M658K625.1K
Short Term Investments1.0M3.3M807K2.1M1.9M1.8M
Net Tangible Assets984.9M1.1B834.5M1.1B1.2B925.3M
Long Term Investments28.1M28.6M13.0M16.2M15.7M28.9M
Short Long Term Debt106.2M93.6M20.9M40.5M36.5M34.6M
Long Term Debt Total905.5M513.7M572.2M472.6M425.3M612.7M
Non Current Liabilities Other51.0M49.6M46.1M44.0M48.9M42.9M

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When determining whether Teekay Tankers 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 Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Storage & Transportation space 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 Tankers. 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 Tankers 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
(0.30)
Dividend Share
1
Earnings Share
12.84
Revenue Per Share
36.018
Quarterly Revenue Growth
(0.20)
The market value of Teekay Tankers 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 Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' 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 Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' 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 Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' 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.