Teekay Tankers Ltd. company logo
Teekay Tankers Ltd. logo

Teekay Tankers Ltd. (TNK) Interest Expense

Annual Interest Expense

$7.47M$20.23M-73.03%

Summary

Current Value
As of today, TNK annual interest expense is $7.47M, down -73.03% on
Historical Performance
TNK annual interest expense is down -78.67% over the past 3 years, and down -88.57% over the past 5 years
All-Time High Comparison
TNK annual interest expense is currently -88.57% below its historical high of $65.36M set on
3-Year Low Comparison
TNK annual interest expense is at its 3-year low
Sector Comparison
TNK annual interest expense is higher than 86.90% of companies in Energy sector

Interest Expense Chart

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SUGGESTED SERIES

Performance

TNK Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$7.47M-73.0%-78.7%-88.6%-38.2%
Quarterly Interest Expense$0.000.0%0.0%0.0%0.0%
TTM Interest Expense$0.000.0%0.0%0.0%0.0%
Price$59.02+38.3%+116.8%+398.5%-42.6%
Annual Interest Coverage Ratio55.08+177.1%+1022.6%+2739.2%+1129.5%
Annual EBIT$411.54M-25.3%+296.7%+224.5%+659.8%
Annual Total Debt$62.29M-72.3%-90.5%-94.0%-79.6%
Annual Revenue$1.23B-16.6%+126.7%+30.2%+985.0%

Interest Expense Highs

TNK Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$35.74MN/A-79.1%
5Y$51.53MN/A-85.5%
All$65.36M-88.6%

Interest Expense Lows

TNK Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$7.47Mat low
5Y$7.47Mat low
All$6.92M+8.0%

Interest Expense History

YearValueChange
$7.47M-73.0%
$27.71M-22.5%
$35.74M+2.0%
$35.03M-32.0%
$51.53M-21.2%
$65.36M+11.4%
YearValueChange
$58.65M+87.4%
$31.29M+5.1%
$29.78M+71.3%
$17.39M+90.5%
$9.13M-

FAQ

  • What is the current annual interest expense of TNK?

    As of today, TNK annual interest expense is $7.47M

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

    TNK annual interest expense is down -73.03% year-over-year

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

    TNK annual interest expense is down -78.67% over the past 3 years

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

    TNK annual interest expense is currently -88.57% below its historical high of $65.36M set on December 31, 2019

  • How does TNK annual interest expense rank versus sector peers?

    TNK annual interest expense is higher than 86.90% of companies in Energy sector

  • When is TNK next annual earnings release?

    The next annual earnings release for TNK is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

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