Teekay Net Debt vs Total Stockholder Equity Analysis

TNK Stock

USD 72.83 0.85 1.15%

Teekay Tankers financial indicator trend analysis is much more than just breaking down Teekay Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teekay Tankers is a good investment. Please check the relationship between Teekay Tankers Net Debt and its Total Stockholder Equity accounts. 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.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Tankers Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Teekay Tankers' Net Debt and Total Stockholder Equity is -0.32. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Teekay Tankers, assuming nothing else is changed. The correlation between historical values of Teekay Tankers' Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Teekay Tankers are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Teekay Tankers' Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Teekay Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.The value of Selling General Administrative is expected to slide to about 25.5 M. The value of Tax Provision is estimated to slide to about 5.7 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

Interest Expense Depreciation And Amortization

Teekay Tankers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Property Plant Equipment	Other Liab	Retained Earnings	Cash	Cash And Short Term Investments
Total Assets		0.61	-0.19	0.9	0.68	0.97	0.45	0.64	0.97	-0.42	0.01	0.21	0.67	0.73	0.55	0.55	0.37	0.68	0.92	0.4	0.83	0.93	0.4	-0.08	0.13	0.04
Short Long Term Debt Total	0.61		-0.23	0.64	-0.13	0.7	0.97	0.34	0.73	-0.2	-0.48	0.8	0.26	0.11	0.99	0.26	-0.41	0.99	0.48	-0.36	0.65	0.56	-0.16	-0.64	-0.61	-0.62
Other Current Liab	-0.19	-0.23		-0.18	0.0	-0.23	-0.23	-0.52	-0.19	-0.19	-0.06	-0.25	0.19	-0.49	-0.19	-0.44	-0.11	-0.21	-0.39	0.11	-0.36	-0.43	-0.31	0.64	0.19	0.16
Total Current Liabilities	0.9	0.64	-0.18		0.54	0.91	0.51	0.73	0.9	-0.65	-0.17	0.28	0.6	0.59	0.55	0.66	0.19	0.7	0.83	0.25	0.92	0.86	0.2	-0.08	-0.02	-0.12
Total Stockholder Equity	0.68	-0.13	0.0	0.54		0.59	-0.32	0.45	0.57	-0.34	0.47	-0.42	0.53	0.72	-0.2	0.4	0.82	-0.05	0.71	0.85	0.49	0.66	0.54	0.51	0.76	0.66
Property Plant And Equipment Net	0.97	0.7	-0.23	0.91	0.59		0.56	0.61	1.0	-0.48	-0.15	0.31	0.52	0.66	0.63	0.53	0.27	0.75	0.9	0.23	0.89	0.94	0.31	-0.17	-0.02	-0.11
Net Debt	0.45	0.97	-0.23	0.51	-0.32	0.56		0.25	0.59	-0.17	-0.62	0.82	0.11	-0.01	0.97	0.2	-0.55	0.95	0.31	-0.55	0.53	0.41	-0.22	-0.72	-0.78	-0.77
Accounts Payable	0.64	0.34	-0.52	0.73	0.45	0.61	0.25		0.58	-0.21	0.16	-0.02	0.56	0.73	0.3	0.78	0.45	0.42	0.62	0.38	0.58	0.66	0.57	-0.25	0.05	-0.01
Non Current Assets Total	0.97	0.73	-0.19	0.9	0.57	1.0	0.59	0.58		-0.47	-0.17	0.35	0.52	0.61	0.66	0.51	0.22	0.77	0.88	0.21	0.88	0.92	0.26	-0.17	-0.04	-0.13
Non Currrent Assets Other	-0.42	-0.2	-0.19	-0.65	-0.34	-0.48	-0.17	-0.21	-0.47		0.32	-0.01	-0.27	-0.24	-0.1	-0.28	-0.02	-0.23	-0.41	-0.02	-0.61	-0.43	0.19	-0.29	-0.01	0.14
Other Assets	0.01	-0.48	-0.06	-0.17	0.47	-0.15	-0.62	0.16	-0.17	0.32		-0.46	0.29	0.26	-0.47	-0.06	0.67	-0.44	0.07	0.76	-0.22	-0.01	0.32	0.32	0.8	0.81
Long Term Debt	0.21	0.8	-0.25	0.28	-0.42	0.31	0.82	-0.02	0.35	-0.01	-0.46		-0.2	-0.29	0.78	0.05	-0.69	0.74	0.21	-0.56	0.45	0.27	-0.52	-0.6	-0.6	-0.54
Net Receivables	0.67	0.26	0.19	0.6	0.53	0.52	0.11	0.56	0.52	-0.27	0.29	-0.2		0.52	0.25	0.31	0.39	0.35	0.46	0.6	0.33	0.44	0.4	0.17	0.29	0.21
Common Stock Shares Outstanding	0.73	0.11	-0.49	0.59	0.72	0.66	-0.01	0.73	0.61	-0.24	0.26	-0.29	0.52		0.06	0.65	0.71	0.19	0.79	0.53	0.52	0.77	0.8	-0.06	0.3	0.23
Non Current Liabilities Total	0.55	0.99	-0.19	0.55	-0.2	0.63	0.97	0.3	0.66	-0.1	-0.47	0.78	0.25	0.06		0.2	-0.43	0.98	0.39	-0.39	0.54	0.47	-0.13	-0.67	-0.65	-0.64
Other Current Assets	0.55	0.26	-0.44	0.66	0.4	0.53	0.2	0.78	0.51	-0.28	-0.06	0.05	0.31	0.65	0.2		0.26	0.32	0.58	0.26	0.57	0.6	0.53	-0.21	-0.01	-0.07
Other Stockholder Equity	0.37	-0.41	-0.11	0.19	0.82	0.27	-0.55	0.45	0.22	-0.02	0.67	-0.69	0.39	0.71	-0.43	0.26		-0.33	0.42	0.81	0.08	0.36	0.75	0.41	0.74	0.69
Total Liab	0.68	0.99	-0.21	0.7	-0.05	0.75	0.95	0.42	0.77	-0.23	-0.44	0.74	0.35	0.19	0.98	0.32	-0.33		0.52	-0.28	0.67	0.6	-0.07	-0.6	-0.56	-0.58
Property Plant And Equipment Gross	0.92	0.48	-0.39	0.83	0.71	0.9	0.31	0.62	0.88	-0.41	0.07	0.21	0.46	0.79	0.39	0.58	0.42	0.52		0.4	0.86	0.99	0.42	-0.05	0.22	0.15
Total Current Assets	0.4	-0.36	0.11	0.25	0.85	0.23	-0.55	0.38	0.21	-0.02	0.76	-0.56	0.6	0.53	-0.39	0.26	0.81	-0.28	0.4		0.12	0.32	0.51	0.58	0.89	0.87
Short Term Debt	0.83	0.65	-0.36	0.92	0.49	0.89	0.53	0.58	0.88	-0.61	-0.22	0.45	0.33	0.52	0.54	0.57	0.08	0.67	0.86	0.12		0.91	0.04	-0.16	-0.04	-0.13
Property Plant Equipment	0.93	0.56	-0.43	0.86	0.66	0.94	0.41	0.66	0.92	-0.43	-0.01	0.27	0.44	0.77	0.47	0.6	0.36	0.6	0.99	0.32	0.91		0.38	-0.14	0.12	0.04
Other Liab	0.4	-0.16	-0.31	0.2	0.54	0.31	-0.22	0.57	0.26	0.19	0.32	-0.52	0.4	0.8	-0.13	0.53	0.75	-0.07	0.42	0.51	0.04	0.38		-0.01	0.29	0.26
Retained Earnings	-0.08	-0.64	0.64	-0.08	0.51	-0.17	-0.72	-0.25	-0.17	-0.29	0.32	-0.6	0.17	-0.06	-0.67	-0.21	0.41	-0.6	-0.05	0.58	-0.16	-0.14	-0.01		0.76	0.7
Cash	0.13	-0.61	0.19	-0.02	0.76	-0.02	-0.78	0.05	-0.04	-0.01	0.8	-0.6	0.29	0.3	-0.65	-0.01	0.74	-0.56	0.22	0.89	-0.04	0.12	0.29	0.76		0.95
Cash And Short Term Investments	0.04	-0.62	0.16	-0.12	0.66	-0.11	-0.77	-0.01	-0.13	0.14	0.81	-0.54	0.21	0.23	-0.64	-0.07	0.69	-0.58	0.15	0.87	-0.13	0.04	0.26	0.7	0.95

Click cells to compare fundamentals

Teekay Tankers Account Relationship Matchups

Teekay Tankers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2B	1.8B	1.6B	1.8B	1.9B	1.5B
Short Long Term Debt Total	1.0B	617.0M	654.0M	576.2M	215.9M	205.1M
Other Current Liab	11.6M	4.9M	1.8M	3.6M	53.0M	55.7M
Total Current Liabilities	288.3M	197.1M	157.1M	170.2M	139.3M	141.2M
Total Stockholder Equity	989.9M	1.1B	838.4M	1.1B	1.5B	1.6B
Property Plant And Equipment Net	1.8B	1.6B	1.4B	1.3B	1.2B	1.2B
Net Debt	955.2M	519.8M	603.5M	395.7M	(150.0M)	(142.5M)
Accounts Payable	139.3M	86.1M	67.4M	89.8M	29.9M	41.6M
Non Current Assets Total	1.8B	1.6B	1.4B	1.3B	1.3B	1.3B
Non Currrent Assets Other	5.4M	4.0M	5.2M	8.2M	6.0M	6.1M
Other Assets	5.4M	4.0M	5.2M	8.2M	9.4M	9.9M
Long Term Debt	785.6M	629.2M	516.1M	232.1M	304.8M	0.0
Net Receivables	211.8M	68.1M	89.8M	202.1M	170.1M	92.6M
Common Stock Shares Outstanding	33.7M	33.9M	33.9M	34.3M	34.6M	18.7M
Liabilities And Stockholders Equity	2.2B	1.8B	1.6B	1.8B	1.9B	1.5B
Non Current Liabilities Total	959.9M	564.2M	623.2M	543.5M	208.4M	198.0M
Other Current Assets	79.4M	45.5M	56.0M	16.0M	24.2M	21.8M
Other Stockholder Equity	680.8M	1.1B	838.4M	1.1B	1.2B	1.3B
Total Liab	1.2B	761.3M	780.3M	713.6M	347.7M	330.3M
Property Plant And Equipment Gross	1.8B	1.6B	1.4B	1.3B	1.8B	1.2B
Total Current Assets	429.8M	245.4M	245.4M	459.5M	613.5M	644.2M
Short Term Debt	135.2M	103.0M	76.9M	76.7M	56.4M	71.0M
Property Plant Equipment	1.8B	1.6B	1.4B	1.3B	1.5B	1.2B
Other Liab	51.0M	50.2M	46.1M	44.0M	50.6M	29.1M
Retained Earnings	(307.6M)	(220.3M)	(462.7M)	(233.6M)	220.0M	231.0M
Cash	88.8M	97.2M	50.6M	180.5M	365.9M	384.2M
Cash And Short Term Investments	88.8M	97.2M	50.6M	180.5M	365.9M	384.2M
Inventory	49.8M	34.6M	49.0M	60.8M	53.2M	33.7M
Common Stock	1.3B	1.3B	1.3B	1.3B	1.3B	978.6M
Current Deferred Revenue	18.6M	2.1M	3.1M	10.9M	12.6M	13.2M
Intangible Assets	2.5M	2.0M	1.5M	1.1M	658K	625.1K
Net Tangible Assets	984.9M	1.1B	834.5M	1.1B	1.2B	925.3M
Long Term Investments	28.1M	28.6M	13.0M	16.2M	15.7M	28.9M
Short Long Term Debt	106.2M	93.6M	20.9M	40.5M	36.5M	34.6M
Long Term Debt Total	905.5M	513.7M	572.2M	472.6M	425.3M	612.7M
Non Current Liabilities Other	51.0M	49.6M	46.1M	44.0M	48.9M	42.9M

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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:

How To Invest In Teekay

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Is Teekay Stock a good investment?

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What is Teekay Tankers' Net Worth?

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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

(0.15)

Dividend Share

Earnings Share

14.14

Revenue Per Share

38.247

Quarterly Revenue Growth

(0.14)

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.

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Teekay Net Debt vs Total Stockholder Equity Analysis

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Total Stockholder Equity

Teekay Tankers fundamental ratios Correlations

Teekay Tankers Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Teekay Tankers fundamental ratios Accounts

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Align your risk with return expectations

Complementary Tools for Teekay Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Property Plant Equipment	+ 0.99	Property Plant And Equipment Gross
Total Liab	+ 0.98	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.97	Total Assets

Cash	- 0.78	Net Debt
Cash And Short Term Investments	- 0.77	Net Debt
Retained Earnings	- 0.72	Net Debt
Other Stockholder Equity	- 0.69	Long Term Debt
Retained Earnings	- 0.67	Non Current Liabilities Total
Cash	- 0.65	Non Current Liabilities Total