Teekay Tankers Ltd. (TNK)

Solvency & Capital Structure

Total Debt

$27.8M

Net Debt

-$1.19B

Teekay Tankers Ltd. currently has $27.8M in total debt. Net debt is -$1.19B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

TNK • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.03	1.22	-1.19Net Cash	2.59	1.1%
2026-03-31	0.03	1.00	-0.96Net Cash	2.39	1.4%
2025-12-31	0.06	0.85	-0.80Net Cash	2.24	2.5%
2025-09-30	0.04	0.80	-0.75Net Cash	2.11	2.1%
2025-06-30	0.05	0.73	-0.68Net Cash	2.06	2.4%
2025-03-31	0.05	0.70	-0.64Net Cash	2.02	2.7%
2024-12-31	0.06	0.53	-0.47Net Cash	1.97	3.2%
2024-09-30	0.05	0.46	-0.41Net Cash	1.92	2.8%
2024-06-30	0.06	0.43	-0.36Net Cash	1.88	3.4%
2024-03-31	0.07	0.37	-0.30Net Cash	1.85	3.6%
2023-12-31	0.22	0.39	-0.17Net Cash	1.94	11.6%
2023-09-30	0.23	0.23	0.00	1.77	13.1%
2023-06-30	0.30	0.18	0.12	1.78	16.8%
2023-03-31	0.45	0.17	0.28	1.84	24.6%
2022-12-31	0.58	0.18	0.40	1.78	32.3%
2022-09-30	0.59	0.08	0.51	1.63	35.9%
2022-06-30	0.63	0.07	0.57	1.63	39.0%
2022-03-31	0.62	0.02	0.61	1.58	39.5%
2021-12-31	0.65	0.05	0.60	1.62	40.4%
2021-09-30	0.64	0.06	0.58	1.65	38.9%
2021-06-30	0.60	0.06	0.54	1.65	36.1%
2021-03-31	0.60	0.09	0.51	1.79	33.7%
2020-12-31	0.62	0.10	0.52	1.84	33.5%
2020-09-30	0.64	0.12	0.52	1.91	33.5%
2020-06-30	0.74	0.17	0.57	2.07	35.6%
2020-03-31	0.96	0.20	0.75	2.22	43.0%
2019-12-31	1.04	0.09	0.96	2.24	46.6%
2019-09-30	1.10	0.08	1.03	2.17	50.8%
2019-06-30	1.05	0.04	1.02	2.15	48.9%
2019-03-31	1.11	0.08	1.03	2.20	50.3%
2018-12-31	1.11	0.05	1.06	2.16	51.4%
2018-09-30	1.10	0.05	1.05	2.13	51.8%
2018-06-30	1.08	0.05	1.03	2.14	50.4%
2018-03-31	1.09	0.05	1.04	2.16	50.6%
2017-12-31	1.10	0.07	1.03	2.20	50.1%
2017-09-30	0.80	0.06	0.74	1.74	45.9%
2017-06-30	0.82	0.09	0.73	1.80	45.6%
2017-03-31	0.85	0.05	0.80	1.84	45.9%
2016-12-31	0.93	0.07	0.86	1.93	48.3%
2016-09-30	0.97	0.06	0.91	1.96	49.4%
2016-06-30	1.04	0.06	0.99	2.06	50.6%
2016-03-31	1.09	0.07	1.02	2.07	52.5%
2015-12-31	1.16	0.10	1.07	2.17	53.7%
2015-09-30	1.02	0.08	0.94	1.94	52.6%
2015-06-30	0.67	0.08	0.59	1.31	51.3%
2015-03-31	0.71	0.04	0.67	1.28	55.6%
2014-12-31	0.66	0.16	0.49	1.17	56.3%
2014-09-30	0.64	0.05	0.59	1.03	62.4%
2014-06-30	0.61	0.02	0.59	0.98	62.3%
2014-03-31	0.77	0.03	0.74	1.13	67.5%
2013-12-31	0.74	0.16	0.58	1.10	67.8%
2013-09-30	0.75	0.14	0.60	1.08	68.9%
2013-06-30	0.73	0.16	0.57	1.09	66.9%
2013-03-31	0.73	0.15	0.59	1.10	66.7%
2012-12-31	0.74	0.03	0.71	1.11	66.5%
2012-09-30	0.73	0.03	0.71	1.47	49.8%
2012-06-30	0.73	0.02	0.71	1.47	49.3%
2012-03-31	0.29	0.02	0.27	0.89	33.0%
2011-12-31	0.35	0.02	0.33	0.88	39.6%
2011-09-30	0.35	0.01	0.34	0.89	39.2%
2011-06-30	0.35	0.02	0.33	0.92	38.1%
2011-03-31	0.35	0.02	0.33	0.93	37.5%
2010-12-31	0.45	0.01	0.44	0.94	48.5%
2010-09-30	0.42	0.01	0.41	0.81	51.8%
2010-06-30	0.33	0.01	0.32	0.72	45.0%
2010-03-31	0.30	0.01	0.29	0.54	56.6%
2009-12-31	0.31	0.01	0.29	0.54	56.5%
2009-09-30	0.31	0.01	0.29	0.54	56.4%
2009-06-30	0.31	0.02	0.29	0.56	55.2%
2009-03-31	0.32	0.02	0.30	0.47	67.2%
2008-12-31	0.33	0.03	0.30	0.49	67.0%
2008-09-30	0.32	0.02	0.30	0.49	65.0%
2008-06-30	0.32	0.02	0.30	0.49	65.4%
2008-03-31	0.15	0.04	0.10	0.33	45.5%
2007-12-31	0.15	0.03	0.11	0.31	48.0%