Teekay Return On Capital Employed from 2010 to 2024
| TNK Stock | USD 65.61 2.01 2.97% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.30376899 | Current Value 0.32 | Quarterly Volatility 0.16198694 |
Check Teekay Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teekay Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.6 M, Interest Expense of 29.2 M or Selling General Administrative of 25.5 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0381 or PTB Ratio of 1.43. Teekay financial statements analysis is a perfect complement when working with Teekay Tankers Valuation or Volatility modules.
Teekay | Return On Capital Employed |
Latest Teekay Tankers' Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of Teekay Tankers over the last few years. It is Teekay Tankers' Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teekay Tankers' overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
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Return On Capital Employed |
| Timeline |
Teekay Return On Capital Employed Regression Statistics
| Arithmetic Mean | 0.06 | |
| Coefficient Of Variation | 269.56 | |
| Mean Deviation | 0.11 | |
| Median | 0.05 | |
| Standard Deviation | 0.16 | |
| Sample Variance | 0.03 | |
| Range | 0.6459 | |
| R-Value | 0.48 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.23 | |
| Significance | 0.07 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.37 |
Teekay Return On Capital Employed History
About Teekay Tankers Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Teekay Tankers income statement, its balance sheet, and the statement of cash flows. Teekay Tankers investors use historical funamental indicators, such as Teekay Tankers's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Teekay Tankers investors may use each financial statement separately, they are all related. The changes in Teekay Tankers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Teekay Tankers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Teekay Tankers Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Teekay Tankers. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.30 | 0.32 |
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Additional Information and Resources on Investing in Teekay Stock
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 the analysis of Teekay Tankers Correlation against competitors. 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.
Is Oil & Gas Storage & Transportation space 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 1 | 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.