Teekay Tankers Ltd. (TNK) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.27B | 1.08B | 1.01B | 1.04B | 943.59M | 747.94M | 687.16M | 689.02M | 652.24M | 666.98M | 464.91M | 451.41M | 488.18M | 459.51M | 319.42M | 311.82M | 231.06M | 245.4M | 202.04M | 193.73M |
| Cash & Short-Term Investments | 996.15M | 853.26M | 797.78M | 730.72M | 695.49M | 534.33M | 462.85M | 426.84M | 369.74M | 392.15M | 227.29M | 178.85M | 169.75M | 180.51M | 78.01M | 66.27M | 18.37M | 50.57M | 60.72M | 60.5M |
| Cash Only | 722.01M | 831.26M | 765.47M | 650.04M | 675.42M | 511.89M | 462.85M | 426.84M | 369.74M | 392.15M | 227.29M | 178.85M | 169.75M | 180.51M | 78.01M | 66.27M | 18.37M | 50.57M | 60.72M | 60.5M |
| Short-Term Investments | 274.14M | 22M | 32.3M | 80.68M | 20.07M | 22.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 113M | 152.94M | 68.34M | 146.83M | 91.59M | 145.28M | 126.05M | 162.29M | 178.78M | 194.58M | 174.84M | 202.22M | 235.34M | 202.12M | 159.63M | 125.55M | 104.33M | 89.81M | 64.2M | 56.41M |
| Days Sales Outstanding | 41.83 | 39.41 | 43.22 | 46.58 | 46.02 | 35.55 | 54.52 | 47.28 | 46.13 | 54.24 | 60.68 | 53.71 | 49.88 | 45.3 | 46.95 | 43.15 | 50.2 | 44.19 | 47.87 | 49.02 |
| Inventory | 28.72M | 29.41M | 36.14M | 33.9M | 38.18M | 45.99M | 45.44M | 49.76M | 54.87M | 53.22M | 51.68M | 56.8M | 64.42M | 60.83M | 66.17M | 84.71M | 62.73M | 49.03M | 49.82M | 49.61M |
| Days Inventory Outstanding | 17.36 | 19.03 | 18.48 | 19.1 | 20.4 | 14.82 | 25.17 | 22.9 | 22.12 | 24.14 | 25.78 | 27.72 | 28.28 | 33.15 | 34.28 | 33.88 | 29.37 | 27.08 | 31.29 | 28.45 |
| Other Current Assets | 115.13M | 26.83M | 97.87M | 114.62M | 103.25M | 9.55M | 42.81M | 37.13M | 37.18M | 11.91M | 757K | 703K | 5.74M | 5.8M | 5.11M | 21.95M | 31.52M | 45.76M | 16.23M | 14.69M |
| Total Non-Current Assets | 1.12B | 1.16B | 1.1B | 1.02B | 1.08B | 1.23B | 1.23B | 1.19B | 1.19B | 1.27B | 1.31B | 1.33B | 1.35B | 1.32B | 1.31B | 1.31B | 1.35B | 1.37B | 1.45B | 1.46B |
| Property, Plant & Equipment | 1.09B | 1.04B | 1.08B | 968.81M | 1.03B | 1.18B | 1.21B | 1.15B | 1.17B | 1.23B | 1.28B | 1.3B | 1.32B | 1.3B | 1.29B | 1.29B | 1.33B | 1.35B | 1.41B | 1.43B |
| Fixed Asset Turnover | 0.27x | 0.24x | 0.22x | 0.23x | 0.21x | 0.29x | 0.21x | 0.28x | 0.31x | 0.25x | 0.22x | 0.28x | 0.30x | 0.28x | 0.22x | 0.19x | 0.13x | 0.12x | 0.08x | 0.08x |
| Goodwill | 0 | 2.43M | 0 | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M | 2.43M |
| Intangible Assets | 10.48M | 0 | 69K | 7.98M | 4.2M | 307K | 390K | 3.92M | 1.84M | 658K | 752K | 849K | 948K | 1.05M | 1.16M | 1.27M | 1.38M | 1.49M | 1.61M | 1.73M |
| Long-Term Investments | 0 | 0 | 0 | 16.89M | 16.23M | 16M | 15.38M | 18M | 17.1M | 15.73M | 15.21M | 16.55M | 17.33M | 16.2M | 14.49M | 14.27M | 12.2M | 13.62M | 25.18M | 25.97M |
| Other Non-Current Assets | 23.74M | 121.15M | 24.03M | 22.66M | 28.51M | 23.02M | 5.04M | 12.62M | 6.11M | 19.19M | 6.1M | 7.14M | 7.36M | 8.21M | 9.04M | 5.91M | 6.29M | 4.56M | 4.79M | 5.02M |
| Total Assets | 2.39B | 2.24B | 2.11B | 2.06B | 2.02B | 1.97B | 1.92B | 1.88B | 1.85B | 1.94B | 1.77B | 1.78B | 1.84B | 1.78B | 1.63B | 1.63B | 1.58B | 1.62B | 1.65B | 1.65B |
| Asset Turnover | 0.12x | 0.12x | 0.11x | 0.11x | 0.12x | 0.18x | 0.13x | 0.18x | 0.19x | 0.17x | 0.16x | 0.20x | 0.22x | 0.22x | 0.17x | 0.15x | 0.11x | 0.10x | 0.07x | 0.07x |
| Asset Growth % | 18.15% | 13.56% | 10.28% | 9.51% | 9.63% | 1.65% | 8.22% | 5.66% | 0.36% | 8.87% | 8.46% | 9.44% | 16.18% | 10.19% | -1.04% | -1.68% | -11.46% | -12.04% | -13.72% | -20.16% |
| Total Current Liabilities | 135.15M | 135.29M | 115.34M | 132.35M | 117.22M | 132.04M | 101.09M | 105.6M | 99.16M | 168.03M | 129.96M | 146.24M | 175M | 170.17M | 175.22M | 191.29M | 183.81M | 157.09M | 164.48M | 241.32M |
| Accounts Payable | 103.45M | 104.65M | 19.12M | 111.58M | 26.62M | 25.55M | 21.22M | 28.12M | 25.64M | 33.89M | 28.57M | 37.42M | 43.93M | 42.35M | 34.97M | 30.94M | 28.71M | 34.83M | 33.73M | 31.11M |
| Days Payables Outstanding | 62.14 | 35.93 | 34.48 | 36.62 | 12.64 | 7.58 | 13.04 | 11.77 | 12.18 | 14.37 | 15.68 | 18.61 | 19.48 | 20.18 | 14.97 | 13.71 | 16.7 | 18.79 | 20.41 | 20.74 |
| Short-Term Debt | 19.42M | 21.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56.4M | 0 | 0 | 0 | 0 | 22.38M | 26.04M | 39.06M | 40.62M | 54.7M | 21.16M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 12.28M | 9.53M | 3.15M | 3.56M | 4.74M | 5.8M | 4.28M | 3.91M | 3.42M | 46.78M | 2.89M | 7.03M | 9.13M | 38.14M | 2.69M | 624K | 17.05M | 1.69M | 2.68M | 1.16M |
| Current Ratio | 9.40x | 7.98x | 8.78x | 7.86x | 8.05x | 5.66x | 6.80x | 6.52x | 6.58x | 3.97x | 3.58x | 3.09x | 2.79x | 2.70x | 1.82x | 1.63x | 1.26x | 1.56x | 1.23x | 0.80x |
| Quick Ratio | 9.19x | 7.76x | 8.47x | 7.61x | 7.72x | 5.32x | 6.35x | 6.05x | 6.02x | 3.65x | 3.18x | 2.70x | 2.42x | 2.34x | 1.45x | 1.19x | 0.92x | 1.25x | 0.93x | 0.60x |
| Cash Conversion Cycle | -2.95 | 22.51 | 27.21 | 29.06 | 53.77 | 42.79 | 66.65 | 58.41 | 56.06 | 64.01 | 70.77 | 62.83 | 58.68 | 58.27 | 66.26 | 63.32 | 62.87 | 52.49 | 58.76 | 56.74 |
| Total Non-Current Liabilities | 65.46M | 62.77M | 66.58M | 79.83M | 81.79M | 85.38M | 70.22M | 79.05M | 81.12M | 223.68M | 218.96M | 284.79M | 423.6M | 543.47M | 534.67M | 581.5M | 574.08M | 623.25M | 607.44M | 483.46M |
| Long-Term Debt | 0 | 17.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.45M | 110.26M | 304.79M | 343.13M | 282.74M |
| Capital Lease Obligations | 13.58M | 17.05M | 28.23M | 32.41M | 34.02M | 37.41M | 26.35M | 30.96M | 35.07M | 168.28M | 171.46M | 233.11M | 377.42M | 499.46M | 492.18M | 503.97M | 418.28M | 272.32M | 217.75M | 152.9M |
| Deferred Tax Liabilities | 0 | 0 | 33.18M | 37.29M | 39.18M | 41.4M | 0 | 0 | 0 | 195K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 51.88M | 28.66M | 5.18M | 10.12M | 8.58M | 6.56M | 43.87M | 48.09M | 46.05M | 55.2M | 47.5M | 51.68M | 46.18M | 44.02M | 42.48M | 42.08M | 45.54M | 46.14M | 46.56M | 47.83M |
| Total Liabilities | 200.61M | 198.06M | 181.93M | 212.18M | 199.01M | 217.42M | 171.32M | 184.65M | 180.29M | 391.7M | 348.92M | 431.03M | 598.61M | 713.65M | 709.89M | 772.78M | 757.89M | 780.34M | 771.92M | 724.78M |
| Total Debt | 33M | 55.22M | 43.35M | 49.63M | 54.02M | 62.29M | 54M | 63.7M | 65.87M | 224.68M | 231.34M | 298.95M | 451.5M | 576.2M | 586.88M | 633.66M | 624.46M | 654.15M | 641.98M | 597.59M |
| Net Debt | -689.01M | -776.05M | -722.13M | -600.41M | -621.4M | -449.6M | -408.85M | -363.14M | -303.87M | -167.48M | 4.05M | 120.1M | 281.75M | 395.69M | 508.88M | 567.4M | 606.09M | 603.58M | 581.26M | 537.1M |
| Debt / Equity | 0.02x | 0.03x | 0.02x | 0.03x | 0.03x | 0.04x | 0.03x | 0.04x | 0.04x | 0.14x | 0.16x | 0.22x | 0.36x | 0.54x | 0.64x | 0.74x | 0.76x | 0.78x | 0.73x | 0.64x |
| Debt / EBITDA | 0.22x | 0.50x | 0.67x | 0.65x | 0.55x | 0.56x | 0.71x | 0.49x | 0.39x | 1.77x | 2.18x | 1.63x | 2.19x | 3.22x | 6.42x | 10.82x | 35.23x | 68.04x | - | - |
| Net Debt / EBITDA | -4.68x | -7.05x | -11.20x | -7.91x | -6.36x | -4.06x | -5.39x | -2.81x | -1.81x | -1.32x | 0.04x | 0.65x | 1.37x | 2.21x | 5.56x | 9.69x | 34.19x | 62.78x | - | - |
| Interest Coverage | 255.66x | 159.04x | 114.75x | 81.03x | 98.75x | 120.89x | 71.59x | 118.39x | 31.01x | 24.77x | 13.24x | 27.98x | 16.30x | 16.11x | 8.68x | 4.12x | -0.81x | -4.58x | -5.14x | -13.03x |
| Total Equity | 2.19B | 2.04B | 1.93B | 1.85B | 1.82B | 1.76B | 1.74B | 1.7B | 1.67B | 1.55B | 1.42B | 1.35B | 1.24B | 1.07B | 922.7M | 853.57M | 824.9M | 838.41M | 877.77M | 929.43M |
| Equity Growth % | 20.05% | 16.34% | 10.68% | 8.93% | 9.55% | 13.31% | 22.73% | 25.74% | 34.27% | 44.87% | 54.08% | 58.02% | 50.35% | 27.62% | 5.12% | -8.16% | -22.02% | -22.29% | -23.79% | -22.28% |
| Book Value per Share | 62.73 | 58.92 | 55.45 | 53.18 | 52.62 | 50.62 | 50.19 | 48.87 | 48.06 | 44.78 | 41.12 | 39.04 | 35.91 | 31.02 | 26.84 | 24.96 | 24.33 | 24.73 | 25.89 | 27.53 |
| Total Shareholders' Equity | 2.19B | 2.04B | 1.93B | 1.85B | 1.82B | 1.76B | 1.74B | 1.7B | 1.67B | 1.55B | 1.42B | 1.35B | 1.24B | 1.07B | 922.7M | 853.57M | 824.9M | 838.41M | 877.77M | 929.43M |
| Common Stock | 0 | 0 | 1.31B | 1.31B | 1.31B | 1.31B | 1.31B | 1.31B | 1.31B | 1.31B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Retained Earnings | 0 | 0 | 617.2M | 533.8M | 514.46M | 447.06M | 435.69M | 385.5M | 0 | 244.39M | 116.91M | 44.12M | -64.24M | -233.6M | -380.03M | -448.08M | -476.63M | -462.69M | -422.88M | -370.83M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |