Teekay Historical Income Statement
| TNK Stock | USD 58.66 0.53 0.91% |
Historical analysis of Teekay Tankers income statement accounts such as Gross Profit of 601.4 M, Other Operating Expenses of 879.5 M, Operating Income of 553.1 M or Ebit of 553.1 M can show how well Teekay Tankers performed in making a profits. Evaluating Teekay Tankers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Teekay Tankers's future profits or losses.
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 |
About Teekay Income Statement Analysis
Teekay Tankers Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Teekay Tankers shareholders. The income statement also shows Teekay investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Teekay Tankers Income Statement Chart
Teekay Tankers Income Statement is one of the three primary financial statements used for reporting Teekay's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Teekay Tankers revenue and expense. Teekay Tankers Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Teekay Tankers' EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 655.6 M this year, although the value of Total Operating Expenses will most likely fall to about 38.5 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Teekay Tankers generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Teekay Tankers minus its cost of goods sold. It is profit before Teekay Tankers operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Teekay Tankers. It is also known as Teekay Tankers overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Teekay Tankers income statement and represents the costs associated with goods and services Teekay Tankers provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Teekay Tankers' income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 tightly coupled 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' EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 655.6 M this year, although the value of Total Operating Expenses will most likely fall to about 38.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 35.0M | 35.7M | 27.7M | 29.2M | Depreciation And Amortization | 182.7M | 96.2M | 97.6M | 80.6M |
Teekay Tankers income statement Correlations
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Teekay Tankers Account Relationship Matchups
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Teekay Tankers income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 114.6M | 117.2M | 182.7M | 96.2M | 97.6M | 80.6M | |
| Interest Expense | 65.4M | 51.5M | 35.0M | 35.7M | 27.7M | 29.2M | |
| Selling General Administrative | 36.4M | 39.0M | 43.7M | 41.8M | 46.0M | 25.5M | |
| Total Revenue | 921.0M | 886.4M | 542.4M | 1.1B | 1.4B | 1.4B | |
| Gross Profit | 164.6M | 251.4M | (58.0M) | 290.7M | 572.7M | 601.4M | |
| Other Operating Expenses | 811.6M | 674.0M | 644.1M | 814.2M | 837.7M | 879.5M | |
| Operating Income | 122.7M | 219.2M | (194.1M) | 255.9M | 526.8M | 553.1M | |
| Ebit | 122.7M | 219.2M | (194.1M) | 255.9M | 526.8M | 553.1M | |
| Ebitda | 237.2M | 336.4M | (11.4M) | 352.1M | 624.3M | 655.6M | |
| Cost Of Revenue | 756.4M | 635.0M | 600.4M | 772.5M | 791.7M | 831.3M | |
| Total Operating Expenses | 55.3M | 39.0M | 43.7M | 41.8M | 45.9M | 38.5M | |
| Income Before Tax | 41.4M | 94.6M | (244.3M) | 229.6M | 523.2M | 549.3M | |
| Total Other Income Expense Net | (81.3M) | (124.6M) | (50.2M) | (26.3M) | (3.6M) | (3.8M) | |
| Net Income Applicable To Common Shares | 41.4M | 87.3M | (242.4M) | 229.1M | 206.2M | 216.5M | |
| Net Income | 21.3M | 87.3M | (242.4M) | 229.1M | 513.7M | 539.4M | |
| Income Tax Expense | 20.1M | 7.3M | (1.9M) | 529K | 9.5M | 9.0M | |
| Net Income From Continuing Ops | 41.4M | 87.3M | (242.4M) | 229.1M | 548.4M | 575.8M | |
| Interest Income | 62.6M | 1.2M | 122K | 1.3M | 8.0M | 7.6M | |
| Tax Provision | 20.1M | 7.3M | (1.9M) | 529K | 8.8M | 5.7M | |
| Net Interest Income | (64.5M) | (50.3M) | (34.9M) | (34.4M) | (25.2M) | (26.5M) | |
| Reconciled Depreciation | 124.0M | 117.2M | 106.1M | 99.0M | 97.4M | 87.2M |
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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 tightly coupled 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running Teekay Tankers' price analysis, check to measure Teekay Tankers' 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 Tankers is operating at the current time. Most of Teekay Tankers' value examination focuses on studying past and present price action to predict the probability of Teekay Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay Tankers' price. Additionally, you may evaluate how the addition of Teekay Tankers to your portfolios can decrease your overall portfolio volatility.
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Is Teekay Tankers' 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 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 (0.24) | Dividend Share 1 | Earnings Share 14.89 | Revenue Per Share 39.943 | Quarterly Revenue Growth (0.15) |
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.