Teekay Corporation (TK)

Solvency & Capital Structure

Total Debt

—

Net Debt

-$972.7M

Teekay Corporation currently has — in total debt. Net debt is -$972.7M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

TK • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	0.00	0.97	-0.97Net Cash	0.00	—
2025-12-31	0.05	0.97	-0.93Net Cash	2.36	2.0%
2025-09-30	0.05	0.97	-0.93Net Cash	2.36	2.0%
2025-06-30	0.04	0.93	-0.89Net Cash	2.25	1.8%
2025-03-31	0.05	0.70	-0.65Net Cash	2.02	2.3%
2024-12-31	0.07	0.72	-0.65Net Cash	2.15	3.0%
2024-09-30	0.07	0.74	-0.68Net Cash	2.23	3.0%
2024-06-30	0.08	0.76	-0.68Net Cash	2.25	3.4%
2024-03-31	0.08	0.66	-0.58Net Cash	2.17	3.7%
2023-12-31	0.23	0.65	-0.43Net Cash	2.20	10.3%
2023-09-30	0.24	0.51	-0.27Net Cash	2.09	11.6%
2023-06-30	0.52	0.45	0.07	2.10	24.7%
2023-03-31	0.46	0.46	0.00	2.18	21.3%
2022-12-31	0.61	0.52	0.09	2.16	28.2%
2022-09-30	1.09	0.43	0.66	2.02	53.7%
2022-06-30	0.66	0.38	0.29	2.00	33.3%
2022-03-31	0.65	0.33	0.32	1.96	33.1%
2021-12-31	1.02	0.12	0.90	6.53	15.6%
2021-09-30	3.69	0.27	3.43	6.60	55.9%
2021-06-30	3.71	0.27	3.44	6.64	55.9%
2021-03-31	3.75	0.30	3.46	6.84	54.9%
2020-12-31	1.00	0.13	0.87	6.95	14.4%
2020-09-30	3.93	0.39	3.54	7.08	55.6%
2020-06-30	4.13	0.48	3.65	7.35	56.2%
2020-03-31	4.54	0.65	3.89	7.68	59.0%
2019-12-31	4.88	0.63	4.26	8.07	60.5%
2019-09-30	4.91	0.29	4.62	7.95	61.8%
2019-06-30	4.86	0.24	4.63	8.13	59.8%
2019-03-31	5.24	0.41	4.83	8.48	61.8%
2018-12-31	5.07	0.44	4.63	8.39	60.4%
2018-09-30	4.96	0.40	4.56	8.34	59.5%
2018-06-30	4.70	0.47	4.24	8.22	57.2%
2018-03-31	4.64	0.50	4.14	8.17	56.8%
2017-12-31	4.63	0.46	4.17	8.09	57.2%
2017-09-30	4.20	0.46	3.74	7.43	56.6%
2017-06-30	7.24	0.60	6.64	12.77	56.7%
2017-03-31	7.16	0.69	6.47	12.87	55.6%
2016-12-31	7.03	0.72	6.31	12.81	54.9%
2016-09-30	7.27	0.73	6.54	12.95	56.2%
2016-06-30	7.23	0.81	6.42	12.96	55.8%
2016-03-31	7.44	0.68	6.75	12.90	57.6%
2015-12-31	7.46	0.70	6.75	13.06	57.1%
2015-09-30	7.44	0.82	6.63	13.14	56.7%
2015-06-30	7.21	0.73	6.47	12.49	57.7%
2015-03-31	7.18	0.71	6.47	12.30	58.4%
2014-12-31	6.72	0.83	5.89	11.78	57.1%
2014-09-30	7.26	0.73	6.53	12.10	60.0%
2014-06-30	7.30	0.77	6.53	12.06	60.5%
2014-03-31	6.80	0.58	6.22	11.64	58.5%
2013-12-31	6.71	0.85	5.86	11.56	58.1%
2013-09-30	6.85	0.62	6.23	11.40	60.1%
2013-06-30	6.38	0.74	5.63	11.12	57.3%
2013-03-31	6.34	0.48	5.86	11.03	57.4%
2012-12-31	6.20	0.77	5.43	11.00	56.4%
2012-09-30	5.86	0.60	5.26	11.24	52.2%
2012-06-30	6.26	0.68	5.57	11.16	56.1%
2012-03-31	6.25	0.73	5.52	11.17	56.0%
2011-12-31	6.09	0.72	5.38	11.14	54.7%
2011-09-30	5.80	0.80	5.00	10.15	57.1%
2011-06-30	5.30	0.52	4.78	9.92	53.4%
2011-03-31	5.19	0.59	4.60	9.83	52.8%
2010-12-31	5.17	0.81	4.36	9.91	52.2%
2010-09-30	5.38	0.72	4.66	9.82	54.7%
2010-06-30	5.28	0.67	4.61	9.66	54.7%
2010-03-31	5.31	0.66	4.64	9.70	54.7%
2009-12-31	5.20	0.45	4.75	9.52	54.7%
2009-09-30	5.48	0.56	4.92	9.66	56.7%
2009-06-30	5.32	0.51	4.81	9.60	55.4%
2009-03-31	5.62	0.77	4.84	9.99	56.2%
2008-12-31	5.96	0.91	5.05	10.22	58.3%
2008-09-30	6.96	0.88	6.09	11.70	59.5%
2008-06-30	6.62	0.54	6.08	11.26	58.8%
2008-03-31	6.12	0.56	5.57	10.41	58.8%
2007-12-31	6.14	0.54	5.59	10.42	58.9%
2007-09-30	5.43	0.30	5.13	9.63	56.4%
2007-06-30	5.12	0.29	4.83	9.41	54.4%
2007-03-31	4.40	0.37	4.03	8.44	52.2%
2006-12-31	3.72	0.34	3.38	7.72	48.2%
2006-09-30	3.02	0.30	2.72	6.10	49.6%
2006-06-30	2.65	0.29	2.36	5.74	46.2%
2006-03-31	2.56	0.26	2.30	5.55	46.1%
2005-12-31	2.95	0.24	2.72	5.29	55.8%
2005-09-30	2.38	0.25	2.13	5.17	46.0%
2005-06-30	2.10	0.25	1.85	4.93	42.6%
2005-03-31	2.46	0.55	1.90	5.35	45.9%
2004-12-31	2.74	0.43	2.32	5.50	49.9%
2004-09-30	2.65	0.38	2.26	5.14	51.5%
2004-06-30	2.82	0.36	2.46	5.18	54.5%
2004-03-31	1.57	0.30	1.27	3.75	41.8%
2003-12-31	1.64	0.29	1.34	3.59	45.6%
2003-09-30	1.79	0.41	1.38	3.62	49.3%
2003-06-30	1.66	0.29	1.36	3.46	47.9%
2003-03-31	1.07	0.25	0.82	2.70	39.6%
2002-12-31	1.13	0.28	0.85	2.72	41.5%
2002-09-30	0.97	0.16	0.81	2.52	38.6%
2002-06-30	0.93	0.17	0.75	2.49	37.2%
2002-03-31	0.94	0.20	0.74	2.49	37.7%
2001-12-31	0.94	0.18	0.76	2.47	37.9%
2001-09-30	0.95	0.14	0.81	2.46	38.4%
2001-06-30	1.18	0.31	0.87	2.63	44.7%
2001-03-31	1.11	0.30	0.80	2.52	44.0%
2000-12-31	0.80	0.19	0.61	1.97	40.4%
2000-09-30	0.92	0.22	0.70	1.98	46.7%
2000-06-30	0.93	0.13	0.81	1.90	49.2%
2000-03-31	1.07	0.24	0.83	1.99	54.0%
1999-09-30	1.00	0.15	0.85	1.92	52.2%
1999-06-30	1.01	0.17	0.84	1.95	51.9%
1999-03-31	0.64	0.13	0.51	1.45	44.2%
1998-12-31	0.59	0.09	0.51	1.41	41.9%
1998-09-30	0.63	0.12	0.50	1.45	43.3%
1998-06-30	0.63	0.10	0.53	1.45	43.3%
1998-03-31	0.73	0.10	0.62	1.46	49.7%
1997-12-31	0.70	0.12	0.59	1.43	49.2%
1997-09-30	0.69	0.11	0.58	1.38	49.8%
1997-06-30	0.72	0.14	0.58	1.41	51.1%
1997-03-31	0.70	0.12	0.58	1.37	51.0%
1996-12-31	0.72	0.12	0.60	1.38	52.1%
1996-09-30	0.75	0.14	0.61	1.39	53.7%
1996-06-30	0.74	0.12	0.62	1.39	53.5%
1996-03-31	0.73	0.10	0.63	1.36	53.6%