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Teekay Tankers Ltd. logo

Teekay Tankers Ltd. (TNK) Interest Coverage Ratio

Annual Interest Coverage Ratio

55.0835.20+177.06%

Summary

Current Value
As of today, TNK annual interest coverage ratio is 55.08, up +177.06% on
Historical Performance
TNK annual interest coverage ratio is up +1022.61% over the past 3 years, and up +2739.18% over the past 5 years
All-Time High Comparison
TNK annual interest coverage ratio is currently at its all-time high
3-Year Low Comparison
TNK annual interest coverage ratio is +642.32% above its 3-year low of 7.42 reached on an earlier date
Sector Comparison
TNK annual interest coverage ratio is higher than 91.49% of companies in Energy sector

Interest Coverage Ratio Chart

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Series
SUGGESTED SERIES

Performance

TNK Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Coverage Ratio55.08+177.1%+1022.6%+2739.2%+1129.5%
Quarterly Interest Coverage Ratio-
Price$59.02+38.3%+116.8%+398.5%-42.6%
Annual EBIT$411.54M-25.3%+296.7%+224.5%+659.8%
Annual Interest Expense$7.47M-73.0%-78.7%-88.6%-38.2%
Annual Debt To Equity0.000.0%-100.0%-100.0%-100.0%
Annual Current Ratio5.66+28.6%+262.8%+274.8%+419.3%
Annual Quick Ratio5.32+32.3%+325.6%+388.1%
Piotroski F-Score5-16.7%-28.6%-37.5%-16.7%
Altman Z-Score7.62+25.9%+305.3%+728.3%+654.5%

Interest Coverage Ratio Highs

TNK Annual Interest Coverage Ratio Highs Comparison
PeriodHighDateCurrent
3Y55.08at high
5Y55.08at high
All55.08at high

Interest Coverage Ratio Lows

TNK Annual Interest Coverage Ratio Lows Comparison
PeriodLowDateCurrent
3Y7.42N/A+642.3%
5Y-5.97+1022.6%
All-17.50+414.7%

Interest Coverage Ratio History

YearValueChange
55.08+177.1%
19.88+167.9%
7.42+224.3%
-5.97-310.2%
2.84+46.4%
1.94+646.2%
YearValueChange
0.26+138.2%
-0.68-120.7%
3.28-72.1%
11.76+54.3%
7.62-

FAQ

  • What is the current annual interest coverage ratio of TNK?

    As of today, TNK annual interest coverage ratio is 55.08

  • What is 1-year change in TNK annual interest coverage ratio?

    TNK annual interest coverage ratio is up +177.06% year-over-year

  • What is 3-year change in TNK annual interest coverage ratio?

    TNK annual interest coverage ratio is up +1022.61% over the past 3 years

  • How far is TNK annual interest coverage ratio from its all-time high?

    TNK annual interest coverage ratio is currently at its all-time high

  • How does TNK annual interest coverage ratio rank versus sector peers?

    TNK annual interest coverage ratio is higher than 91.49% of companies in Energy sector

  • When is TNK next annual earnings release?

    The next annual earnings release for TNK is on

Interest Coverage Ratio Formula

Interest Coverage Ratio =  

Data Sources & References

  1. TNK Official Website www.teekay.com/business/tankers
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1419945/000141994525000020/0001419945-25-000020-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1419945/000141994525000004/0001419945-25-000004-index.htm
  4. TNK Profile on Yahoo Finance finance.yahoo.com/quote/TNK
  5. TNK Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tnk