The company has 3.28
B in debt with debt to equity (D/E) ratio of 1.92, which is OK given its current industry classification.
How important is Teekay LNG's Liquidity
Teekay LNG
financial leverage refers to using borrowed capital as a funding source to finance Teekay LNG Partners ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Teekay LNG financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Teekay LNG's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Teekay LNG's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Teekay LNG's total debt and its cash.
What is driving Teekay LNG Investor Appetite?
Analysts have increased confidence in Teekay LNG Partners as compared to a month ago. The current consensus of 6 analysts is Buy.
Is Teekay a risky opportunity?
Let's check the volatility. Teekay is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Teekay (NYSE:TGP) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. obtaining a share of a Teekay LNG stock makes you a part-owner of that company.
Teekay LNG Partners Current Consensus
Here is the recent trade recommendation based on an ongoing consensus estimate among financial analysis covering Teekay LNG Partners. The Teekay consensus assessment is calculated by taking the average estimates from all of the analysts covering Teekay LNG
| Strong Buy | 3 | 50.0 |
| Buy | 0 | 0.0 |
| Hold | 3 | 50.0 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Another setback for Teekay LNG insiders
Recent Treynor Ratio is up to -0.1. Price may decline again. Teekay LNG Partners exhibits very low volatility with skewness of 0.24 and kurtosis of 0.18. However, we advise investors to further study Teekay LNG Partners technical indicators to make sure all market info is available and is reliable.
Our Conclusion on Teekay LNG
Although some firms in the oil & gas midstream industry are either recovering or due for a correction, Teekay may not be as strong as the others in terms of longer-term growth potentials. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither buy new shares of Teekay nor quit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Teekay LNG.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Teekay LNG Partners. Please refer to our
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